$788,000

375 Mesa Dr, Del Valle, TX

Name: 375 Mesa Dr, For Sale in Del Valle - eXp Commercial Brokerage
Brand: Land Unlimited
SKU: 7698192
Price: 788000 CAD

House

For Sale

$--,---,---

320

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1440 sqft

Garage Yes

Taxes $4,294

Days Active 183

Lot Size

Approx. Age 1988

Avg. Price Per Sqft $547

MLS® Number 7698192

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Multi-generational income producing investment opportunity near Austin! Gary's Grill established in 1994 has been a long-standing hot spot for the locals and tourists alike. Residing less than 5 miles away from Circuit of the Americas and only 11 miles from the Austin Airport makes this the ideal location. This property has the potential for an 18.5% cap rate!! Circuit of Americas has an amusement park said to be finished October of this year to really add to the business and vacancy potential you have with both a 3bed 2 bath home and a studio home. Gary's Grill has two full kitchens with multiple prep and storage areas to help cater to high volumes of business. The fenced in parking lot has the potential to hold upward of 15 cars at a time. Walking in you will order at the front counter inside and can take your order togo or have a seat in the dining area equipped with a fireplace for additional warmth and atmosphere during the colder months. All equipment in the restaurant will be staying with the property except for a smoker out front. Currently only open 5 hours a day- imagine the potential! This really is a turnkey property! The single-family home is a 3-bedroom 2 bath with an added office space in the master bedroom. This extremely well-maintained brick home offers a spacious floor plan with tile throughout most of the house, a wood burning fireplace and a large private backyard featuring multiple peach trees! Next to the main home you will find a large barn/workshop with sliding doors for additional private parking and storage! The separate studio guest home has its own covered parking and a pool in its backyard to enjoy in the warmer months. Overall, this property has so much to offer and is waiting for you to come find your next investment!Show Description

MLS® Number7698192

Laundry LevelLaundry Room, Electric Dryer Hookup

Central VacNo

FireplaceNo

Acreage0.715

ExteriorPrivate Entrance, Private Yard, See Remarks

GarageYes

Approx. Age1988

Basement

DrivewayAdditional Parking, Covered, Carport

Garage Spaces

HeatCentral

A/C

Heating Fuel

Extras

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