24 days on rocket

Backup Offers

3415 Lynridge Dr, Austin, TX, 78723

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
1,896 SqFt
$237/SqFt
Multi

Location

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3415 Lynridge Dr, Austin$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Carport, Driveway
Year Built1983
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceLiving Room
ViewPark, Neighborhood
MLS #5227051
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 3415 Lynridge Dr

Exceptional duplex investment opportunity in East Austin. This fantastic investment property is situated on a spacious nearly quarter-acre cul-de-sac lot that backs to Winn Park. This property offers a unique blend of investment potential and comfortable living, ideal for those looking to reside in one unit while leasing the other, or simply adding a solid asset to their portfolio. Enjoy seamless connectivity with easy access to highways 183 and 290, just 5 miles from the vibrant Mueller district, 7 miles from Downtown Austin, and 10 miles from The Domain and the North Austin tech corridor. Each unit features 2 bedrooms and 2 full bathrooms, complemented by large, private fenced-in backyards with park views. The main living areas and primary bedrooms are accentuated by vaulted ceilings with exposed beams. Unit A features stylish, low-maintenance vinyl plank flooring, while Unit B comes equipped with stainless steel appliances. Both units offer great potential for enhancements, increasing their appeal and value. Currently, both units are leased, ensuring immediate rental income. Unit A is leased at $1,560/month, expiring in January 2025, and Unit B at $1,600/month, expiring in July 2025. Whether you’re looking to move into one side and lease the other, or maintain both as rental properties, this duplex offers unparalleled flexibility in a rapidly growing area. Additional perks include no HOA fees and access to Google Fiber, enhancing the attractiveness of this property. Seize this opportunity to invest in a burgeoning neighborhood, blending the tranquility of park-side living with the convenience of urban proximity. Contact the Listing Agent to schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,896 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 761-8024
  • Listing Agent: David Ivy

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Washer
  • Flooring Type: Laminate, Tile, Vinyl
  • Interior: Beamed Ceilings, Open Beams/Beamed Ceailings, Ceiling Fan(s), High Ceilings, High Speed Internet, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Park, Neighborhood
  • Exterior: Private Yard

Parking Information:

  • Parking: Attached Carport, Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Front Yard, Near Park, Interior Lot, Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From northbound I-35, take exit 238B for US-290 E toward Houston. Continue onto US-290 E. Take the exit toward Airport/US-183/Lampasas/Lockhart. Merge onto U.S. 290 Frontage Rd. Turn right onto Ed Bluestein Blvd. Turn right onto Dubuque Ln. Turn left onto Lynridge Dr. Home is at the end of the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $237/SqFt

Tax Information:

  • Annual Amount: $6,696
  • 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

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

3415 Lynridge Dr vs Austin

24 DAYS ON ROCKET

-48 Days

$450,000

-$116.4K Less

$237/SqFt

-$71 Less

KEY TAKEAWAY

This property is $116.4K less than the Median Sold Price and $71/SqFt less than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #5227051

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 761-8024
  • Listing Agent: David Ivy

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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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/23/2024, 5:20:47 AM 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$6,696$324,300
2019$6,955$333,443
2018$4,574$280,000
2017$4,012$206,589

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Nearby Schools

school-card-donut-823374
3
/10

  • John B. Winn Montessori Elementary School

  • 3500 Susquehanna Ln

  • 0.16 miles

  • Public District Grades EE-5

school-card-donut-823375
4
/10

  • Magnolia Montessori for All

  • 5100 Pecan Brook Dr

  • 0.43 miles

  • Public Charter Grades PK-6

school-card-donut-823376
8
/10

  • Texas Preparatory School - Austin Campus

  • 7540 Ed Bluestein Blvd

  • 0.71 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,132. Residents of Austin, TX typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Travis County›Austin›78723›3415 Lynridge Dr

This home is located at 3415 Lynridge Dr in Austin, TX and zip code 78723 in the East neighborhood. This 1,896 square foot home, which was built in 1983, sits on a 0.23 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $450,000.

In October 2024 more than 66 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 506 were sold below. The number of listings in Austin, TX increased by 6.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $566,430, while the average time on the real estate market was 72 days.

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

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