Amazing location walking distance to UT, and Piece Park. Easy access to MLK, Lamar and Downtown. The House is pre-leased lease at $9, 250/month for a lease from Aug 2026 to July 31st 2027 and can be pre-leased for Aug 2027 move in at $9, 495/mo. That is a 6.70% cap rate, based on the Aug 2026 rent amount, and close to 7% cap rate based on the Aug 2027 projected rent amount - best on the market for a top of the line property and location. Currently leased at $5, 600 until July 31s 2026. Super safe investment in a very high demand area that offer cashflow, security and appreciation and rent growth potential. Remodeled house: full new kitchen (cabinets, quartz countertops, SS appliances, open concept with island) -updated bathrooms (vanity, tile, toilets, showers)-new wood flooring throughout -new hardware and lighting fixtures throughout -reglazed windows -full interior/exterior prep, trim, and painting -updated plumbing and electrical (where necessary)-foundation repair w warranty -all new xeriscape landscaping in front -all new xeriscaped backyard with deck and privacy fencing -full finished detached casita (new bathroom, flooring, paint, lighting, fixtures, AC/HVAC) with private parking in alley. Listing agent is 50% owner of the property owner LLC.
