Turnkey investment in prime North University location. Investor-ready and built in 2021, this fully furnished triplex in North University offers a rare, low-maintenance opportunity just minutes from the University of Texas at Austin. Designed for optimal rental income, the property consists of three separate units: a 6 bed/6 bath, a 3 bed/2.5 bath, and a 1 bed/1 bath--perfectly suited to the needs of student tenants. Projected gross rent for 2026 is $14,000/month, based on current management and leasing structures. Owner is in process of leasing all units. Professional-grade finishes and stylish furnishings throughout that appeal to students seeking move-in-ready housing. The property also features ample parking for 6 vehicles, a rarity in the area. With proximity to campus and strong rental demand, this is a high-yield, low-hassle addition to any investment portfolio. Not an investor? This property also has owner-occupant and short-term rental potential!
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Gas Oven, Range, Free-Standing Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Tankless Water Heater
Other Interior Features: 2 Primary Baths, Ceiling Fan(s), High Ceilings, Granite Counters, Gas Dryer Hookup, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Recessed Lighting, Walk-In Closet(s), Washer Hookup
Exterior & Building
Stories: 2
Water Source: Public
Utilities: Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Pool: None
Roof: Composition, Shingle
Lot Features: Alley Access, Few Trees, Near Public Transit, Trees-Sparse, Xeriscape
Parking: Alley Access, Concrete, Off Site, Outside, Paved
Heat Type: Central
Air Conditioning: Central Air
Sewer: Public Sewer
Substructure: Pillar/Post/Pier, Slab
Disability Features: None
Other Exterior Features: Exterior Steps
Financial
Sales Price: $2,000,000
Real Estate Tax: $32,080/yr
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