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607 Bellevue PL, Austin TX 78705

$ 995,000
607 Bellevue PL, Austin TX 78705, ,
Active
$ 995,000


MLS Area: UT
County:
MLS # 7797584

607 Bellevue PL, Austin TX 78705, , TX 78705

About this property

Now is a great time to elevate your investment portfolio with 607 Bellevue Place, a duplex strategically located in Austin’s Hancock neighborhood, directly next to the University of Texas. Perfectly positioned for investors with both Unit A and Unit B generating $2,800 per month each, yielding a total of $5,600 monthly rental income. After accounting for a 30% expense ratio, the net operating income (NOI) is approximately $3,920 per month or $47,040 annually.

The value of 607 Bellevue as an investment is unparalleled due to its proximity to UT, ensuring perpetual demand. This property is already leased through July of 2026, with the current rental prices reflecting this commitment. With projections of rental increases between 5-10% dependent on school enrollment trends, the investment potential here is not just in current income but in future value appreciation.

This is your sign to learn about why student housing investing is one of the most predictable returns you will find in the industry.

Basic Property Information

<strong>Dwelling Size - </strong> 2,071 ft2
From See Remarks
<strong>Year Built - </strong> 1956
<strong>Stories - </strong> One
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 0
Carport
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.163
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> None

School District

<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Lee
<strong>Middle - </strong> Kealing
<strong>Senior High - </strong> McCallum

Home Owners Association

Amenities and Features

Other Features
Ceiling Fan(s)
Eat-in Kitchen
Electrical Utility Available
Free-Standing Gas Range
Free-Standing Refrigerator
Laminate Counters
Microwave
Pantry
Primary Bedroom on Main
Private Yard
Water Heater-Gas

Utilities

Heating: Central,Natural Gas
Cooling: Attic Fan,Ceiling Fan(s),Central Air
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> West
<strong>Flooring - </strong> Carpet,Vinyl
<strong>View - </strong> Neighborhood
<strong>Lot Features - </strong> Level,Trees-Medium (20 Ft - 40 Ft)
<strong>Sellers Representative - </strong> Resavvy LLC
(512) 762-8669
<strong>Other Structures - </strong> Storage
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> None

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 02/22/2025 through 02/22/2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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