8905 Tronewood Dr - Apartments FOR SALE


Austin, TX 78758
$6,995,000 USD
979-268-6840
8905 Tronewood Dr, Austin, TX for Sale
$6,995,000 USD
Apartments - FOR SALE
1/26
null | 5.16% Cap Rate

8905 Tronewood Dr
Austin, TX 78758


HIGHLIGHTS

  • Minutes away from The Domain (Austin's 2nd Downtown)!

OVERVIEW

See marketing brochure for more information. Five 4-Plexes (20 units) -Ten 3 Bed/3 Bath Units -Ten 2 Bed/2 Bath Units -Fully Leased -Completely remodeled in 2017, down to the studs -Metal Roofs installed 2017 -Individual 4-Plexes available for $1,500,000 each Nestled in a serene and picturesque community, Trone Villa represents the pinnacle of luxury living. This tranquil retreat is set back from the bustling thoroughfare of Hwy 183, while still providing seamless access to the vibrant retail and culinary scene of The Domain, just minutes away. This coveted corner property is surrounded with amenities, including convenient grocery stores, recreational parks, esteemed schools, tantalizing restaurants, and reputable hospitals. Enjoy walking your children to school as this development is just steps away from Wooldridge Elementary School. Comprising a total of 20 impeccably designed residences, Trone Villa stands as the premier modern residential enclave of this area. Featuring two distinct styles of living, the development boasts 10 charming one-story, two-bedroom units dubbed "Trone Pointes" and 10 elegant two-story, three-bedroom units known as “Trone Lofts” all strategically positioned along the intersecting Tronewood Drive and Trone Circle. Each home within Trone Villa, has its own private yard, perfect for entertaining friends and family. Adorned with tasteful landscaping, generous parking accommodations, and a contemporary color palette of modern burgundy and sleek grey, the property projects a feel of sophistication. Furthermore, the common areas are bathed in the gentle glow of energy-efficient LED lighting, enhancing both safety and ambiance for residents and visitors alike. Throughout this collection of exquisite two and three bedroom fourplex homes, Trone architects have created a truly elevated experience. Featuring light and bright modern style and eclectic charm, these custom designed townhome units embed hardwood and tile floors throughout. All the materials and appliances were handpicked, from high-end finishes, energy efficient, and smart fixtures, to the appealing greenery landscaping. Contemporary interiors are built with high-quality, reliability, environmentally friendly and energy efficient fixtures.

FOR SALE DETAILS

PRICE

$6,995,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

20

PRICE/UNIT

$349,750

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

7

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

247285,247286,247287,247290,247291

ASK ABOUT THIS PROPERTY

Scott LovettClark Isenhour Real Estate Services, LLCMore Info
979-268-6840

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Scott LovettClark Isenhour Real Estate Services, LLCMore Info
979-268-6840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.