Posts Tagged "Austin Duplexes"

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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Sold – 1611 Ulit – (Represented Seller)

1611 Ulit was a very nice, two-unit investment property in East Austin, located about 1 mile east of IH-35. This property consisted of a main house which was a 4 bedroom, 2 bath with 2 half baths and a detached garage apartment that was 2 bedrooms and 1 full bath.  The property was rented for $2600/month on the main house and $1200 on the back house for a total of $3800/month. This property had some upside because of the fact that it could be purchased by a single family user that could benefit from the additional income from the back unit or to an investor that could purchase and simply...

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Sold – 7102 Dan Jean – (Represented Buyer/Seller)

7102 Dan Jean was one of the best deals we did.  We had been managing the property for many years for our client who wanted to sell the property.  Because the owners had not invested in keeping the property up there was quite a bit of work that would need to be done to get it ready to sell. One of our buyers purchased the property for $155,000 and invested $17,000 remodeling the property.  The Carvajal Group oversaw the remodel and now continues to lease and manage the unit.  The remodel included scraping of popcorn, new flooring, kitchens, bathrooms and landscape.  We also changed the...

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Sold – 2509 Quarry – (Represented Buyer)

  2509 Quarry was an awesome opportunity in the heart of Tarrytown in West Austin.  This duplex consisted of 2, 3 bedroom/2 bath units and was, at the time generating $1500/month on each unit. The Carvajal Group represented an out of state buyer on this transaction.  The buyer paid $415,000 cash in a 1031 exchange and we immediately invested $35,000 in a complete overhaul which included new windows, flooring, popcorn removal, opening up the dining room, constructing a new deck and creating additional parking.  The Carvajal Group oversaw the entire remodel project and is currently...

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