3204 Larry LN, Austin, TX 78722

$1,200,000 Asking Price

4 beds
4 baths
2,081  sqft
Built in 1947

Discover this newly renovated triplex nestled in the vibrant heart of the Cherrywood neighborhood, Austin. Perfectly positioned to offer both charm and modern convenience, this property is an exceptional opportunity for investors seeking a lucrative rental income. Each unit boasts a unique design that marries contemporary finishes with the area's distinctive character. With three spacious, light-filled units, this triplex is ideal for tenants seeking comfort and style. The renovations include sleek LVP floors, updated kitchens with stainless steel appliances, and elegant bathrooms featuring modern fixtures. Units share an amazing outdoor space, perfect for relaxing or entertaining. Situated in a highly desirable neighborhood, this triplex is just moments away from the University of Texas, downtown Austin, and an array of eclectic shops, eateries, and parks. Public transportation and major highways are easily accessible, enhancing the property's appeal to a wide range of tenants. Whether you’re a seasoned investor or new to the rental market, this Cherrywood triplex offers a turnkey solution with strong rental potential. Don't miss out on this unique investment opportunity in one of Austin's most sought-after neighborhoods.

Features & Amenities

Interior

General:
Granite Counters, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main
Appliances:
Cooktop, Dishwasher, Oven, Free-Standing Range
Laundry:
Common Area,In Hall
Flooring:
Tile, Vinyl
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
See Remarks
Other Structures:
Front Porch, Patio
Pool:
None
Parking:
Driveway, Parking spaces: 4

Construction

Roofing:
Shingle
Windows:
Blinds
General:
One, Pillar/Post/Pier, Slab

Location

Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
LOT 3 * & N5FT OF LOT 2 BLK A OLT 32-34 DIV C MCQUOWN A N SUBD, 205450
View:
None
Fencing:
Wrought Iron

Utilities

Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris
Buyers Agent Compensation:
2.500 %

This listing courtesy of:
Dagwood Management, LLC, Justin Hroch

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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