This 3-bed, 2-bath Austin property offers moderate flip potential. Built in 2005 with recent upgrades including Hardiplank siding and newer A/C, it's well-maintained rather than distressed. At $625K ($472/sqft), it's priced competitively in this hot downtown area, but the 70% rule indicates limited profit margin for a traditional flip.
Consider a light cosmetic renovation focusing on kitchen and bathroom updates to maximize ROI rather than a full flip. The property's prime location near Capitol, UT, and East 6th Street supports strong resale value. Adding a bedroom or bathroom could increase value by $52K-$73K based on comps, but evaluate renovation costs against potential returns.