***Full House Renovation Completed JANUARY 2023*** Rare opportunity to acquire a fully renovated, 6 bed/3.5 bath (plus game room), massive (~3k sqft) single fam home in one of the hottest real estate markets in the country. Either purchase to occupy, or rent for ~$3,100/mo. CAP rate comes out to ~5.5%. New Water Heater (2023), newer roof (2019), and newer HVAC (2018). Full renovations include but not limited to: All new LVT flooring, bathroom tile, and bedroom carpet, brand new interior paint throughout (including master bath cabinets, doors/trim, back deck, and exterior garage), re-staining of all kitchen cabinets, new microwave, all new ceiling fans, light fixtures, and door hardware, all new quartz countertops with kitchen backsplash, all new toilets, all new sinks and plumbing fixtures (sink and shower fixtures), one brand new bath tub, new water heater (Jan 2023), newer roof (2019) and newer HVAC (2018). Foundation leveled in 2021 with lifetime warranty (transferable). Only 2 miles away from $100B Samsung Development, upcoming EVO Entertainment Center, and many more developments. https://www.bizjournals.com/austin/news/2022/12/23/hutto-megasite-economic-development-projects.html Williamson County just approved new site for Samsung's $17B plant, one of the largest plants in the world, creating an estimated 6,000+ jobs and bolstering the Austin/Hutto metro economy: https://austin.culturemap.com/news/innovation/11-23-21-samsung-17-billion-dollar-chip-plant-taylor-economic-tsunami/ https://www.bizjournals.com/austin/news/2023/01/04/hutto-incentives-entertainment-retail-jobs.html 198k sqft Industrial Park is 100% leased 1 year before construction completion. Just broke ground in November 2021: https://rebusinessonline.com/titan-development-breaks-ground-on-197621-sf-industrial-project-in-metro-austin/ 750+ Acre RCR Logistics Park under construction: https://taylor.rcrrailco.com/park-details/ https://www.huttotx.gov/CivicAlerts.aspx?AID=143 Within a few miles of all major employers and retailers (Walmart, Costco, Home depot ,Kohls, Target, Chick-Fil-A, etc.) and still affordable compared to other homes that are easily $500k+. It is nearly impossible to find a home in updated condition with 5+ bedrooms for under $500k. This area will continue to boom due to affordability and many other attractions: https://aquilacommercial.com/learning-center/guide-to-hutto-texas/ Subject property is alongside US-79 (~35,000 AADT) and benefits from affluent demographics in an established suburb of Austin with a population of ~89,000 and average household income of ~$123k within 5 mile radius. Annual population growth rate within 1 mile radius is ~4.2%. In close proximity to Dell Diamond and Kalahari Resort (2nd largest indoor waterpark in the nation alongside a 975 room hotel): https://en.wikipedia.org/wiki/Kalahari_Resorts#Round_Rock