7409 Burnet Rd
Crestview, Austin, TX 78757
CompletedDeal Highlights
- Large lot in booming Crestview corridor
- 3 detached modern homes on subdivided lot
- Each home features private yard and pool
- Near Violet Crown Trail and Burnet Road retail
The Build
A prime Crestview lot subdivided into three parcels, each featuring a 2,400 sqft modern home with pools, located near the rapidly developing Burnet Road corridor.
Architectural Style: Modern farmhouse with clean lines, white stucco exterior, standing seam metal details, and large covered outdoor living spaces.
Specs
Lot Size
10,500 sqft
Finished SQFT
2,400
Bedrooms
4
Bathrooms
3.5
Stories
2
Garage
2-car attached
Pool
Yes
Investment Summary
- Purchase Price
- $710,000
- Construction Cost
- $475,000
- Total Investment
- $1,250,000
- Projected Revenue
- $2,985,000
- Exit Costs
- ($179,000)
- Carry Costs
- ($92,000)
Net Profit$535,000
Annualized ROI29%