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Heritage Oaks at Pearson Place in Austin

Name: Sales in Heritage Oaks at Pearson Place started!
Start: 2020-07-28T07:34:44.502498+00:00
End: 2023-12-31T23:59:59+0000
Location: Heritage Oaks at Pearson Place

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Project info

Object ID: 8260

Finished at	February 2018
Price, m²	From 2650$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 250.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

662,500$

Net profit

9,376$

Payback period

56.4 years

Avg property value increase per year

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About the project

Three miles from Austin’s MetroRail and minutes from Parmer Lane, Toll Road 45, and Hwy 183, Heritage Oaks at Pearson Place offers convenience to major highways and public transportation. The community is located in the highly acclaimed Round Rock ISD. Floor plans offer unique exteriors and features such as walk-in pantries, owner’s retreats, and grand rounded staircases. Heritage Oaks is sure to have the home of your dreams.