This single-family property in East Austin offers a great rental potential. With rent estimates ranging from $1,884 to $2,700, based on comparable data, the total potential revenue could be quite appealing. The payback period will depend on the final rental price, but the market's upward trend suggests a favorable outlook. The home's features, such as a greenbelt view, new carpet, and fresh paint, enhance its appeal. However, the HOA fee might be a slight deterrent for some. The property's proximity to downtown Austin is a significant advantage.
To boost rental value, consider updating the kitchen and bathrooms, as these are key areas for tenants. Additionally, enhancing curb appeal with landscaping can attract more interest. If selling is on the horizon, emphasizing the property's location, community amenities, and move-in readiness could lead to a higher sale price. Regular maintenance will also ensure it remains in top condition, appealing to both renters and potential buyers.