The Carvajal Group Blog

2302 Eastside Dr. # 29: Own a piece of Travis Heights for $100,000

September 28th, 2011

I recently listed a unit at the Travis Heights Terrace Condominium development.  Unit #29 is the  the best value in the complex.  There are currently two other units listed, but this unit priced the lower than the other two while offering a premiere location within the community.  It is situated in the building farthest from the gated entrance and closest to community swimming pool.  It is also the only first floor unit available.

The best selling feature of this property is its location.  Situated in the Travis Heights Neighborhood just East of South Congress, this condo is walking distance to some of Austin’s most popular restaurants and clubs.  Guero’s, Perla’s, Hopdoddy, the Continental Club, and Vespaio are all less than a mile away.  Furthermore, downtown Austin and Ladybird Lake are an easy 2 mile bike or bus ride from your front door.

This condominium offers a unique opportunity for first time buyers or investors.  The condo is currently rented through January for $800 per month.  However, furnished units within the community have been renting for as much as $1250 including utilities.  We have managed this unit for over 2 years and the owner has not had to spend a dime in maintenance.  Concrete floors in the living and kitchen areas further reduce potential expenses.

 As rents continue to climb upward in Austin it will soon be cheaper to own this condo at this price than it is to rent it.  To schedule a showing of this property or for more information on Travis Heights Real Estate, please call Jonas Lord @ (512)496-0215 or visit www.carvajalgroup.com.

Tags: Uncategorized