90210 House

This house (which we affectionately call the 90210 house because of it's awesome 90's throwback features) has been in our rental portfolio for several years. Because home prices are booming in Austin and rental rates have not kept pace it only made sense to off-load this bad boy and use the equity for more flips. Located in the Riverplace neighborhood of West Austin near Lake Travis, this house received a cosmetic rehab when it was first purchased so the only thing we had to do this time around was stage to sell. We wanted to highlight some features and down play others. Staging to the rescue! 

Project Overview:

Built: 1994

 

Square Feet: 3824

 

Bed/Bath: 4/3

Purchased: $450,000

Renovations: $75,000

Sold: $575,000

Gross Profit: $50,000

Days on Market: 21

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