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1203 Gregory Ln, Round Rock, TX 78664
$485,000 Sale Pending
1203 Gregory Ln, Round Rock, TX 78664View this property at 1203 Gregory Ln, Round Rock, TX 78664
1203 Gregory LnRound RockTX78664
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Property Description
Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation.
Key Features:
Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal.
Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history.
Income Potential: Competitive rental income with scope for future increases.
Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options.
Community Amenities: Close proximity to parks, recreational facilities, and community centers.
Stable cash flow with upward trending rental market.
Potential for asset appreciation in a high-demand area.
Opportunity for portfolio diversification.
Low vacancy rates with a strong tenant retention history.
The properties have been managed by a professional property management team, ensuring a hassle-free investment experience. In the last two years, the following has been repaired:
1201 Gregory - chimney and roof repair, replaced AC capacitor
1203 Gregory - replaced dishwasher motor, new AC condenser capacitor, blower motor capacitor, and flood switch, chimney and roof repair, replaced kitchen faucet
This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.
Full Property Details
Full Property Details for 1203 Gregory Ln
General
- Price: $485,000
- Taxes: (2023)
- Status: Pending
- Type: Duplex
- MLS ID: 9305836
- Updated: 3/25/2024
- Added to Site: 81 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
- Number of Fireplaces: 2
- Fireplace(s): Living Room
- Appliances: Dishwasher, Disposal, Free-Standing Range, Water Heater-Gas
- Flooring: Carpet, Laminate, Tile
Rooms
Other Rooms
- Laundry: In Garage, Multiple Locations
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Dryer Connections, Washer Hookup
- Other Features: Garage(s)
Parking
- Garage: Yes
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Attached, Concrete, Driveway, Garage Faces Front
Location
- Area: RRE
- County: Williamson
- Subdivision: Chapel Hill North Sec 03
- Driving Directions: From IH 35 take US 79 NE, left on Mays, right on Bowman, Left on Egger, Left on Edwards, Right on Gregory Lane
- Direction Faces: East
School Information
- Elem School District: Round Rock ISD
- Midd School District: Round Rock ISD
- High School District: Round Rock ISD
- Elementary School: Union Hill
- Middle School: Hopewell
- High School: Stony Point
Community
- Pet Restrictions: Negotiable
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Metering: Electric Separate, Gas Separate, Water Separate
Structural Information
- Exterior Const.: Brick Veneer, Frame
- Foundation: Slab
- Roof: Composition
- Windows: Blinds
- Disability Access: None
- Square Feet: 2,253
- Living Area: 2,253 Sq. Ft.
- Year Built: 1993
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: None
- Lot Size (Acres): 0.213
- Lot Size (Sq. Ft.): 9,278.28
- Lot Features: Front Yard, Trees-Medium (20 Ft - 40 Ft)
- Lot Description: Front Yard, Trees-Medium (20 Ft - 40 Ft)
- Fencing (Description): Back Yard, Privacy
Water Features
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $52.27
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Leases, Rent Roll, Survey
Listed by Real
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Schools
Schools serving 1203 Gregory Ln
School District:Round Rock Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1511 Gulf Way, Round Rock, TX 78665 | PK-5 | 1.9 mi | |
1901 Sunrise Rd, Round Rock, TX 78664 | 6-8 | 0.7 mi | |
1801 Tiger Trl, Round Rock, TX 78664 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1203 Gregory Ln
Date
Details
Price
Change
Source
3/09/2024
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1203 Gregory Ln
1203 Gregory Ln, Round Rock, TX 78664 (MLS# 9305836) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1203 Gregory Ln is currently listed for $485,000 and was received on March 09, 2024. Want to learn more about 1203 Gregory Ln? Do you have questions about finding other Duplex real estate for sale in Round Rock? You can browse all Round Rock real estate or contact a Coldwell Banker agent to request more information.