7701 MULLEN DR

2,275 SF

1955

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}

PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}

You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.

Calculator Running

7701 MULLEN DR AUSTIN, TX 78757

2,275 SF

1955

Meadowlawn

Proposed Cost {{currency(calcParams.purchaseprice)}}

Property Value {{ currency(propertyValue, 0, '-') }}

After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}

Total Monthly Rent {{ currency(unitsTotalRentalRate) }}

Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}

Rooms

Avg Weekly Rate

Rental Rate {{ currency(monthlyRental, 0, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: Moreland Properties

Welcome to 7701 Mullen, a property with immense potential situated on a generous 0.26-acre lot. Built in 1955, this home has been expanded over the years, offering comfortable living spaces with four bedrooms and three full baths. Currently rented, this property presents a wonderful opportunity for investors to generate rental income while finalizing building plans with the City of Austin. This site may be eligible for the Home 2 Initiative, buyer to confirm with city of Austn Development Services. Located in a prime area, this property is in close proximity to the highly sought-after Brentwood Elementary School, charming coffee shops, diverse restaurants, and the serene Brentwood Park. Additionally, it’s conveniently situated near major highways such as 183, Mopac, and I-35, making commutes and travel a breeze. Whether you choose to live in and customize the existing home or capitalize on the redevelopment potential, 7701 Mullen offers a rare opportunity in a highly desirable neighborhood.

Virtual Tour Link

Listing Agent: Tiffany Peters
Broker Phone: (512) 480-0848
Broker: Moreland Properties

Austin Board of REALTORS®

	List Price:	$624,900
	List date:	09/18/2024
	Days on Rescover:	98
	MLS Source:	ABOR
	MLS Number:	3850610
	MLS Data Sync:	12/25/2024 7:55 AM CST

DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.