Austin Real Estate

Why preventative maintenance is important

There have been a good share Austin investment property clients that don’t understand the importance of preventative maintenance. If it’s not broken, why spend the money to send in a professional?  In all fairness, that is a legitimate question to ask your Austin Property Manager, as most up-charge maintenance and repair.   However, different than our competitors, The Carvajal Group never upcharges for these maintenance or repair expenses and believes it is part of our Austin property management service.  Our clients can trust that when we have to send in our maintenance vendors, it...

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New Austin investment property purchased in 78745 was a gem.

An all cash Austin investor wanted our advice on how to invest his money into an Austin investment property the best way possible.  We urged him to purchase a duplex in the south Austin area and he couldn’t be happier. The duplex he purchased didn’t seem like a gem at first glance, but we explained the importance of putting some money into the property in order to increase the rents. Seeking out the perfect investment takes time and market knowledge and in this fast moving market it is important to work with a Austin Realtor that is familiar with Austin investment property.   By...

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How far is your real estate agent going for you?

A thirty-two minute conversation this evening has made me acknowledge how privileged I am to be a Austin Realtor with great resources. There are thousands of agents in the thriving Austin area but there are certainly things that set great agents apart from the normal agent. Is your agent thinking outside of the box to make your purchase or sell effortless? If your answer is no, it may be time to search for an agent that can serve your real estate needs on a higher level. I’ve learned it is imperative to have innovative thinking in order to completely serve my clients, especially when...

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Pre-MLS – 3504 Duval – (Representing Seller)

3504 Duval is a wonderful opportunity close to the University of Texas and in the heart of Austin, Texas. This 2 unit duplex, 1940 sq ft, consists of 2- 2bed, 1 bath units which are currently rented for 1700/month (unit A) and 1600/month (unit B).  In my opinion there is room to increase rents without any improvements simply based on market conditions. Both leases expire in July of this year.   The unit has been well maintained and is in a good condition for its age (built in 1924). The lot size is .1921 acres and has great redevelopment potential because it backs to an alley.  The...

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Pending,Taking Back-ups – 2633 W 49th – (Representing Buyer/Seller)

2633 W 39th Street is a great investment opportunity in the heart of Rosedale in central Austin.  This unique opportunity consists of two, detached units each with 2 bedrooms and 1 bath.  These units also have private back yards. This property was built in 1950 and has some deferred maintenance (priced accordingly) and could use a remodel which would likely allow for increased rents.  Currently the units are getting $1500/month (unit A) and $1550/month (Unit B).  The front unit lease expires in July of 2013 and the rear unit has chosen to renew the lease, starting August 1, 2013 for...

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Sold- 3101 Harris Park – (Represented Seller)

3101 Harris Park was one of the best Austin multifamily properties I have sold.  This was an immaculately kept property just a few blocks away from the University of Texas.  The property was originally an old 1 story home with a garage.  The property was converted into 3 units, the main house: 2 bed/1 bath, the attic: Large Studio, the garage: 2 story “Hobbit House”. My seller had self managed this property for 5+ years and had done extensive renovations to get the property in tip top shape.  She had done repairs like new roof, new HVAC, added additional laundry facilities,...

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