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Courtesy of:
Resavvy LLC, (512) 762-8669, Tony Lazarov
Local Realty Services Provided By:
Keller Williams Realty
Overview
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607 Bellevue Place, Austin, TX 78705
607 Bellevue Place, Austin, TX 78705
Estimation provided by Keller Williams Realty Inc.
Active Under Contract
For Sale
Property Description
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.
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.
Property Details
Compare This Home
Overview
Property Type
Duplex
Property Size
Year Built
1956
Days on Site
53 Days
HVAC
Central, Central Air, Ceiling Fan(s), Natural Gas, Attic Fan
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$995,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
Price & Tax History
Date
Event
Price
01/30/2025
Listed
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2022
(+55.65% )
Land 700,000 +
Additions 408,455
2021
(+1.48% )
Land 495,468
2020
(-2.35% )
Land 495,468
2019
(+37.89% )
Land 495,468
2017
Land 353,906
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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and subject to change.
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Transit & Commute
Estimated commute times from University of Texas - Austin
Car-Dependent
Walkable
Very Walkable
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