2007 Canterbury St
Holly, Austin, TX 78702
In DevelopmentDeal Highlights
- New construction replacing a 1950s cottage in Holly — same proven neighborhood as the completed 2301 Canterbury project
- 4,358 sqft modern home on a 6,743 sqft lot
- Projected ARV of $2.5M with 26% annualized ROI
- 12-month execution timeline in East Austin's most desirable pocket
The Build
A new construction home replacing a 784 sqft 1950s cottage on a 6,743 sqft lot in the Holly neighborhood. The 4,358 sqft residence spans 2 stories with 3 bedrooms and modern architecture throughout. Located in the same Holly corridor as Avivo's completed 2301 Canterbury project, demonstrating repeated success in this submarket.
Specs
Lot Size
6,743 sqft
Finished SQFT
4,358 sqft
Bedrooms
3
Bathrooms
[TBD]
Stories
2
Garage
[TBD]
Pool
[TBD]
Units Built
1
Investment Summary
- Purchase Price
- $700,000
- Construction Cost
- $1,040,550
- Total Investment
- $2,228,829
- Projected Revenue
- $2,505,850
- Exit Costs
- ($140,293)
- Carry Costs
- ($342,987)
Net Profit$277,021
Annualized ROI26%
Timeline12 months