1201 Gregory LN, Round Rock, TX 78664
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2,253 SqFt

1201 Gregory LN Round Rock, TX 78664

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,253 sqft

Subdivision Chapel Hill North Sec 03

MLS Listing ID 3247593

Year Built 1993

Tax Year 2023

Lot Size 9,278 Sqft

Property Sub-Type Duplex

Property Description

Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation.

Key Features:
Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal.
Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history.
Income Potential: Competitive rental income with scope for future increases.
Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options.
Community Amenities: Close proximity to parks, recreational facilities, and community centers.

Stable cash flow with upward trending rental market.
Potential for asset appreciation in a high-demand area.
Opportunity for portfolio diversification.
Low vacancy rates with a strong tenant retention history.

The properties have been managed by a professional property management team, ensuring a hassle-free investment experience.
This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.

For all offers, please submit at this link: https://propy.com/offers/make/for-property/65eb530d20f53a8ad7755e11

Location

State TX

County Williamson

Area Rre

Interior

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Number 2

Fireplaces Type Living Room

Exterior

Exterior Feature None

Garage Spaces 2.0

Fence Back Yard, Privacy

Pool None

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View None

Roof Type Composition

Building

Lot Description Front Yard, Trees-Medium (20 Ft - 40 Ft)

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Frame

New Construction No

Schools

Elementary Schools Union Hill

Middle Schools Hopewell

High Schools Stony Point

School District Round Rock Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Pets Allowed Negotiable

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Listed by Real • ianofaustin Williams
Bought with Central Metro Realty

NEARBY SCHOOLS & BUSINESSES

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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