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.
Basic Property Information
<strong>Dwelling Size - </strong> 2,071 ft2
From See Remarks
<strong>Year Built - </strong> 1956
<strong>Stories - </strong> One
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 0
Carport
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.163
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Lee
<strong>Middle - </strong> Kealing
<strong>Senior High - </strong> McCallum
Home Owners Association
Amenities and Features
Other Features
Ceiling Fan(s)
Eat-in Kitchen
Electrical Utility Available
Free-Standing Gas Range
Free-Standing Refrigerator
Laminate Counters
Microwave
Pantry
Primary Bedroom on Main
Private Yard
Water Heater-Gas
Utilities
Heating: Central,Natural Gas Cooling: Attic Fan,Ceiling Fan(s),Central Air Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> West
<strong>Flooring - </strong> Carpet,Vinyl
<strong>View - </strong> Neighborhood
<strong>Lot Features - </strong> Level,Trees-Medium (20 Ft - 40 Ft)
Based on information from the Austin Board of REALTORS® for the period 09/17/2026 through 09/17/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.