Rent report generated Nov 25, 2024
The Rent Potential of
10300 Horace Dr Austin, TX
is $1,975 – $2,250/mo.
Rent Advice
The property at 10300 Horace Dr in Northeast Austin boasts a solid rental potential. With 3 bedrooms and 2 bathrooms, it can attract rents between $1,975 and $2,250 monthly, indicating an annual revenue potential of approximately $23.7K to $27K. Given Austin's vibrant market and the Northeast area's steady growth, the estimated payback period is promising. Features like the spacious corner lot, large closets, and absence of HOA fees enhance its appeal. However, its single-family nature may limit scalability compared to multi-family properties.
To boost rental income, consider modernizing the interior with updated appliances and fresh paint. For sellers, showcasing the property's unique features like RV parking and the expansive lot can be advantageous. Highlighting the area's growth and the property's proximity to amenities can attract potential buyers or renters. Enhancing curb appeal with landscaping could also increase perceived value.
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