$264,000

Description

Investor opportunity in a growing Elgin location with flexibility for both traditional investors and owner-occupants. This duplex features one 2-bedroom/1-bath unit and one 2-bedroom/1.5-bath unit, with Unit A currently leased and Unit B vacant with a positive rental history. The vacancy creates an opportunity to place a new tenant, make additional improvements, or occupy one side while maintaining rental income from the other. Some updates have already been completed, while additional opportunities remain to continue improving the property and enhance its long-term rental potential. The property has demonstrated a stable rental history with a track record of tenant retention. Each unit offers its own laundry closet, refrigerator, separately metered water and electricity, and private fenced backyard area. No HOA. Situated at the end of a cul-de-sac with convenient access to US 290, the property is well positioned between Austin, Taylor and Bastrop County, placing it near significant employment and development activity throughout the region, including expanding semiconductor, technology and manufacturing corridors. A versatile duplex offering existing tenancy, future flexibility and value-add potential in a growing Central Texas market.

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