$8,431 Closing Credit¹
#9974585, Roy Waley, Listing Office: Horizon Realty
$10,000
closing credit¹
607 Bellevue Pl Austin, TX 78705
$995,000 List price
$10,000
Closing credit¹
0 beds
2,071 sqft
0.2 acres
$480 / sqft
Multi-Family
Property details
About 607 Bellevue Pl
Now is a great time to elevate your investment portfolio with 607 Bellevue Place, a duplex strategically located in Austin's Hancock neighborhood, directly next to the University of Texas. Perfectly positioned for investors with both Unit A and Unit B generating $2,800 per month each, yielding a total of $5,600 monthly rental income. After accounting for a 30% expense ratio, the net operating income (NOI) is approximately $3,920 per month or $47,040 annually. The value of 607 Bellevue as an investment is unparalleled due to its proximity to UT, ensuring perpetual demand. This property is already leased through July of 2026, with the current rental prices reflecting this commitment. With projections of rental increases between 5-10% dependent on school enrollment trends, the investment potential here is not just in current income but in future value appreciation. This is your sign to learn about why student housing investing is one of the most predictable returns you will find in the industry.
Highlights
Home typeDuplex
HeatingCentral, Natural Gas
StatusActive
CoolingAttic Fan, Central Air, Ceiling Fan(s)
Size2,071 sqft
Lot size0.163 Acres
Year built1956
ParkingCarport
MLS #7797584
ViewNeighborhood
Summary
- MLS Number: 7797584
- MLS Name: ACTRIS
- Office Name: Resavvy LLC
- Office Phone: (512) 762-8669
- Listing Agent: Tony Lazarov
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/8/2025, 2:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
607 Bellevue Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $700,000 | $16,786 |
| 2023 | $758,455 | $16,786 |
| 2022 | $850,000 | $16,786 |
| 2021 | $495,468 | $- |
| 2019 | $495,468 | $10,627 |
| 2018 | $353,906 | $7,835 |
| 2017 | $353,906 | $7,892 |
History based on county public records data.
Nearby schools
7
Lee Elementary School
Public District KG-6
0.4 mi
•3308 Hampton Rd
6
Maplewood Elementary School
Public District PK-5
1.1 mi
•3808 Maplewood Ave
2
Campbell Elementary School
Public District PK-5
1.3 mi
•2613 Rogers Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,947. Most Austin, TX residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
39%
<35k
46%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
3%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
54%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Tennis
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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This home is located at 607 Bellevue Pl in Austin, TX and zip code 78705 in the College Court neighborhood. This 2,071 square foot home, which was built in 1956, sits on a 0.16 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $995,000.
In January 2025, from all listings sold in Austin, TX there were more than 35 sold above asking price, over 358 sold below and more than 82 were sold right at the asked price. The inventory of homes for sale in Austin, TX between December and January 2025 increased by 10.6%. Listings spent 85 days on the market in January 2025, and had a median list price of $573,763 during the same period.
From Rocket Homes Real Estate and based on county public records data.