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: 1939
Stories: 2
Living Area: 1,250 SqFt
Listing Office:
Office Name: eXp Realty
Office Phone: (214) 949-8757
Listing Agent: Sharles Edwards
Interior Features
Interior Information:
Appliances: Other
Bedroom and Bathroom Information:
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: None
View: None
Parking Information:
Parking: Open
Lot Features
Lot Information:
Lot: Corner Lot, Few Trees
Lot Size: 0.46 Acres
Other
Directions Information:
Directions: From I-35 S, turn Right onto Powell Ln. Turn Right onto Georgian Dr. Property will be on the Right.
Price Information
Listing Price Info
Price Summary:
List Price: $300,000
Price Per SqFt: $240/SqFt
Tax Information:
Annual Amount: $3,357
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Austin, TX.
This property is $266.4K less than the Median Sold Price and $68/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: #6505881
Listing Office:
Office Name: eXp Realty
Office Phone: (214) 949-8757
Listing Agent: Sharles Edwards
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.
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.
Last updated on: 11/22/2024, 10:20:49 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
YEAR
PROP. TAX
ASSESSMENT
2020
$3,357
$175,190
2019
$3,757
$159,264
2018
$2,914
$144,785
2017
$2,669
$131,623
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,565
Per Month
Principal & Interest
$1,498
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
T. A. Brown Elementary School
7801 Guadalupe St
Distance between this listing and this school0.56 miles
Public District Grades PK-5
3
/10
Barrington Elementary School
400 Cooper Dr
Distance between this listing and this school0.87 miles
Public District Grades EE-5
5
/10
Hart Elementary School
8301 Furness Dr
Distance between this listing and this school0.92 miles
Public District Grades KG-5
Nearby Schools
7
/10
Cedars International Academy
8416 N Interstate 35
Distance between this listing and this school0.40 miles
Public Charter Grades PK-8
4
/10
Harmony Science Academy - Austin
930 E Rundberg Ln
Distance between this listing and this school1.14 miles
Public Charter Grades PK-8
1
/10
Webb Middle School
601 E Saint Johns Ave
Distance between this listing and this school1.18 miles
Public District Grades 6-8
Nearby Schools
1
/10
Graduation Preparatory Academy Navarro
1201 Payton Gin Rd
Distance between this listing and this school0.84 miles
Public Charter Grades 9-12
3
/10
Navarro Early College High School
1201 Payton Gin Rd
Distance between this listing and this school0.84 miles
Public District Grades 9-12
2
/10
The Excel Center (For Adults)
1015 Norwood Park Blvd
Distance between this listing and this school0.86 miles
The neighbors living near this home have an average income of $26,159. Typical income of Austin, TX residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8315 Georgian Dr
What is the listing price of this property?
The listing price of 8315 Georgian Dr property is $300,000.
What type of property is this?
The property 8315 Georgian Dr is a house located in Austin, Texas, 78753.
Is this property for sale now?
Active Listing: 8315 Georgian Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,357 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8315 Georgian Dr has 1 bedroom.
What is the square footage of this property?
The property 8315 Georgian Dr is 1,250 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8315 Georgian Dr is 1939.
This home is located at 8315 Georgian Dr in Austin, TX and zip code 78753 in the Georgian Acres neighborhood. This 1,250 square foot home, which was built in 1939, sits on a 0.46 acre lot. Features: 1 bedroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $300,000.
Over 66 listings were sold over their listed price in October 2024 in Austin, TX. In the same period over 506 listings were sold below the listed price and 96 listings were sold for the listed price. In October 2024 in Austin, TX there were 6.3% more homes for sale than in September 2024. Listings spent 72 days on the market in October 2024, and had a median list price of $566,430 during the same period.
From Rocket Homes Real Estate and based on county public records data.