Active
607 Bellevue PL
Austin TX, 78705
$995,000
$480.44 per sqft
Active
2,071 sqft
Multi-family
Built in 1956
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.
7797584
MLSⓇ ID
January 30, 2025
Listed
February 4, 2025
Updated
Map
607 Bellevue PL
Austin TX, 78705
Interior Features
Total Stories
1
Interior Features
Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Pantry, Primary Bedroom on Main
Appliances
Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Water Heater-Gas
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Attic Fan, Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Private Yard
Lot Features
Level, Trees-Medium (20 Ft - 40 Ft)
Roof
Composition
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
McCallum
Elementary School
Lee
Other Property Details
Area Name
UT
Garage
No
Parking
Carport
View
Yes
View Description
Neighborhood
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Courtesy of Resavvy LLC
Listing Contact: (512) 762-8669
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Darsh Parikh shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.
Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2025 (date and time MLS GRID Data was obtained). 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
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Database last updated 10:47 PM UTC, 2/4/2025
