102 Rose Drive
Dripping Springs, TX 78620
608 sqft | 0.75 acres | #8716673
Description
Excellent investment opportunity with this fully leased duplex located in the heart of Dripping Springs, just minutes from Austin. Offered at a 6.25% cap rate, this property features long-term tenants on annual leases, with all utilities and expenses paid by tenants, ensuring low overhead and hassle-free ownership.
Included in the sale are plans and documents for two additional duplexes, providing future development potential and added value. Don’t miss this rare chance to invest in a growing market with strong rental demand and immediate cash flow.
Property Details
- Utility FeaturesAbove Ground Utilities, Electricity Available, Water Available
- InteriorCeiling Fans, MainLevelPrimary, No Interior Steps
- Middle SchoolDripping Springs Middle
- School DistrictDripping Springs ISD
- Lot DescriptionInterior Lot, Level
- Exterior MaterialsNo Exterior Steps
- High SchoolDripping Springs
- Elementary SchoolWalnut Springs
- ViewNeighborhood
- Property TypeMulti-Family
- Sewer InformationSeptic Tank
- Original List Price$499,000
- MLS #8716673
- MLS #8716673
- Utility SourcePublic
- Cost499000
- Property SubtypeDuplex
- Property ConditionResale
- Acres0.748
- Year Built1993
- FoundationSlab
- CountyHays
- Square Feet608
- Subdivisionna
- Parking Spaces1
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-04-19 09:03:33 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Scott Daves (#470497), Phone: (512) 894-3488
Listing Office: Stanberry REALTORS (#055405)
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