Apache Shores New Listing at $135,000
I don't usually post about listings, but I will about this one. I put 14905 Running Deer into the MLS a couple of days ago and the list price is $135,000. Anyone who knows Apache Shores knows that this is a very low price. Why? The seller was working on fixing the place up and updating and never got finished.
This is a kind of funky house in an eclectic community. It is a two-story A-frame with 3 bedrooms and 2-1/2 bathrooms and has 1610 square feet of living space. The seller built a deck in the back and installed a tot tub, which conveys with the property. He redid the kitchen, but didn't grout the tile floor. The house needs paint, carpet, hardware updating, some sheetrock repair and some other things. I see this as a place an investor should buy, make livable and use as a rental property. The comps in the MLS show that someone could probably get either side of $1200 a month rent for this house.
There is a shed/workshop with electricity and a working refrigerator that conveys. The frige in the kitchen conveys and so do the washer and dryer. There is no garage, but there is a small covered parking area. There is also an overgrown garden that could be brought back to life,
The community is in the Lake Travis ISD, which is one of the best school districts in the state. There is a community boat launch and day docks on Lake Austin. There is also a hiking trail, children's playground, pool, tennis courts and a volleyball court. Lake Travis is just 10 minutes away and the neighborhood is within around 40 minutes of downtown Austin.