This East Austin property boasts impressive rent potential, with estimated monthly revenue ranging from $2,100 to $3,400. Given the recent construction (2024) and desirable features like quartz countertops and high-end appliances, it's positioned well in the competitive Austin market. The location in a rapidly developing area, coupled with the property's modern amenities, suggests strong long-term rental prospects. However, the recent price reduction of $25K may indicate some market softening or initial overpricing.
To maximize rental potential, consider staging the property to showcase its high-end finishes and open layout. Emphasize the property's energy efficiency and smart home features to attract eco-conscious tenants. If selling, highlight the low HOA fees and potential for appreciation in this growing neighborhood. Given the current market trends in Austin, holding the property as a rental could be lucrative, especially if you can secure long-term tenants attracted to the new construction and prime location.