2 months on rocket

7402 Geneva Dr, Austin, TX, 78723

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
2,044 SqFt
$404/SqFt
Multi
Schools Nearby

Location

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7402 Geneva Dr, Austin$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Garage, Off Street
Garage2 spaces
Year Built1985
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewNeighborhood
MLS #2220916
Lot Size0.37 Acres
StatusActive

About 7402 Geneva Dr

Great income producing investment duplex in coveted University Hills, ideally situated next to major highways IH-35, Highway 183 and 290 sitting on over a quarter acre and a Low Tax Rate of 1.9%. Earnings 2023 = $45,000. Can also be an AIRBNB with City Approval. 5% down if you plan to live in one unit and rent the other one out. Enjoy ownership of this 4 bedroom 4 bathrooms 2 laundry rooms and 2 car garage duplex in an established neighborhood with mature trees and parks perfect for families, with a deck overlooking Walnut Creek perfect for entertaining and relaxing while enjoying the outdoors. Recent renovations include roof replacement, updates to the bathrooms and laundry rooms and a new AC unit. Just under 10 minutes to downtown Austin, UT, Austin Community College, Domain in North Austin giving you a variety of restaurants and shopping options, Austin FC Stadium and major tech company employers. For a savvy investor this positive cashflow property offers a promising opportunity to make your own interior cosmetic updates for instant value add and rent increases in this quiet family neighborhood with no HOA and a ton of new construction development. The property has 2 leased Units with long-term tenants and leases end in March 2024 and July 2024: Unit A (2-2, separate Laundry Room + 1 car garage) & unit B (2-2, separate Laundry Room + 1 car garage). Don't Miss Out! Lenders available.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 1
  • Living Area: 2,044 SqFt

Listing Office:

  • Office Name: Spyglass Realty
  • Office Phone: (512) 934-1411
  • Listing Agent: Irene Mwathi

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Main Level Primary, Multiple Primary Suites, Open Floorplan, Quartz Counters

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Neighborhood
  • Exterior: Exterior Steps, Gas Grill

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway, Garage, Off Street

Lot Features

Lot Information:

  • Lot: Level, Private, Few Trees
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lyndon B. Johnson Early College High School, Public District Grades 9-12
  • Andrews Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From downtown Austin on IH-35, take US-290 East, Exit 238B, Take Berkman Dr, Right onto Geneva Dr. Destination is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $404/SqFt

Tax Information:

  • Annual Amount: $8,038
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

7402 Geneva Dr vs Austin

62 DAYS ON ROCKET

+16 Days

$825,000

+$256.6K More

$404/SqFt

+$93 More

KEY TAKEAWAY

This property is $256.6K more than the Median Sold Price and $93/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2220916

Listing Office:

  • Office Name: Spyglass Realty
  • Office Phone: (512) 934-1411
  • Listing Agent: Irene Mwathi

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/4/2024, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,038$363,300
2019$7,792$363,300
2018$5,719$285,562
2017$4,429$258,302

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6214230
2
/10

  • Andrews Elementary School

  • 6801 Northeast Dr

  • 0.38 miles

  • Public District Grades PK-5

High School

school-card-donut-6214231
3
/10

  • Lyndon B. Johnson Early College High School

  • 7309 Lazy Creek Dr

  • 1.39 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,719. Residents of Austin, TX typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Travis County›Austin›78723›7402 Geneva Dr

This home is located at 7402 Geneva Dr in Austin, TX and zip code 78723 in the East neighborhood. This 2,044 square foot home, which was built in 1985, sits on a 0.37 acre lot. It has been listed on Rocket Homes since March 03, 2024 and is currently priced at $825,000.

Over 195 listings were sold over their listed price in April 2024 in Austin, TX. In the same period over 571 listings were sold below the listed price and 158 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between March 2024 and April 2024 increased by 18.7%. The median list price of listings available in April 2024 was $568,336, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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