MLS# 4200528 – 5208 Evans Avenue Unit 2, Austin, TX 78751

$705,000 - 2Br/3Ba - for Sale in Highlands, Austin

Price: $705,000

Beds: 2

Baths: 2 full, 1 half

Living Area SqFt: 1,098

Status: Active

Property Type: Condominium

Lot Size Acres: 0.08

Lot Size SqFt: 3,484

Year Built: 2023

Neighborhood: Highlands

Days on Website: 4

Property listed by Central Metro Realty 512-454-6873 {attribution_contact}

Property Description

2023 Constructed Modern 2 bd/2.5 bath Condominium located in Central Austin’s historic North Loop neighborhood that shares not just its boundaries but all of its charms with the historic Hyde Park area. Close to Downtown Austin, Hyde Park and UT! Enjoy the amazing and frequent Events at Mueller approximately 5 Minutes away. Stainless steel appliances, kitchen with quartz countertops, en-suite modern bathrooms with walk-in frameless glass showers, high ceilings, modern lighting and fan fixtures, privacy fence with remote controlled sliding gate for security, landscaping, gutters, a large 2-car carport and a huge shaded yard. Enjoy those sunsets on a huge balcony with designer outdoor tiles. Walking distance to shops, bars, and restaurants including Home Slice Pizza across the paved alley, and FlightPath Cafe a block away. House is part of a 2-unit Condo Regime but shares no walls or utilities so lives like a true single family home. The house has a long-term tenant until May 31, 2025 but its best value is captured with a short-term rental that is estimated to yield incredible annual cash flows with a cap rate exceeding 7%. This is an investor’s dream property.