2 months on rocket

8311 Georgian Dr, Austin, TX, 78753

$287,000

Home List Price

$3,408*

Closing Credit

0 Baths
House

Location

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8311 Georgian Dr, Austin$287,000

Buyer Closing Credits

$3,408*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingSee Remarks
Year Built1975
WaterfrontSee Remarks
Private PoolYes
MLS #3295296
Lot Size0.21 Acres
StatusActive

About 8311 Georgian Dr

8311 Georgian in Austin, TX, is a fantastic investment opportunity for developers and investors alike. This multi-unit property features 2-4 units, each currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. Situated in a rapidly growing area, this property presents endless potential. Whether you’re looking to renovate and increase rental yields or start fresh with a complete redevelopment, this is the perfect canvas for your next project. Many investors in the area are capitalizing on the potential to scrape and rebuild, taking advantage of Austin’s robust real estate market. Don’t miss out on this rare opportunity to own a multi-unit property in a desirable Austin neighborhood with plenty of upside for future growth!

Property Details

Property Features

Property Information:

  • Year Built: 1975

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (214) 949-8757
  • Listing Agent: Sharles Edwards

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: See Remarks

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.21 Acres

Other

Directions Information:

  • Directions: From Walmart Supercenter 1030 Norwood Park Blvd, Austin, TX 78753 Head southeast toward E Anderson Ln 207 ft Turn right ? 361 ft Turn right toward Clock Tower Dr 0.1 mi Turn left onto Clock Tower Dr Pass by the lake (on the left) ? 0.3 mi Turn right onto E Anderson Ln Pass by Firestone Complete Auto Care (on the right) 0.8 mi Turn right onto Georgian Dr Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $287,000
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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

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

8311 Georgian Dr vs Austin

62 DAYS ON ROCKET

-12 Days

$287,000

-$280.4K Less

KEY TAKEAWAY

This property is $280.4K less than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3295296

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (214) 949-8757
  • Listing Agent: Sharles Edwards

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: 12/23/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$927

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NMLS#3030

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-1241891
4
/10

  • T. A. Brown Elementary School

  • 7801 Guadalupe St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-1241892
3
/10

  • Barrington Elementary School

  • 400 Cooper Dr

  • 0.89 miles

  • Public District Grades EE-5

school-card-donut-1241893
5
/10

  • Hart Elementary School

  • 8301 Furness Dr

  • 0.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,159. The majority of Austin, TX residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8311 Georgian Dr

What is the listing price of this property?

The listing price of 8311 Georgian Dr property is $287,000.

What type of property is this?

The property 8311 Georgian Dr is a house located in Austin, Texas, 78753.

Is this property for sale now?

Active Listing: 8311 Georgian Dr is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 8311 Georgian Dr is 1975.

Rocket Homes›Texas›Travis County›Austin›78753›8311 Georgian Dr

This home is located at 8311 Georgian Dr in Austin, TX and zip code 78753 in the Georgian Acres neighborhood. This home, which was built in 1975, sits on a 0.21 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $287,000.

In November 2024, from all listings sold in Austin, TX there were more than 59 sold above asking price, over 446 sold below and more than 96 were sold right at the asked price. In November 2024 in Austin, TX there were 1.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $567,441, while the average time on the real estate market was 74 days.

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

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