Provence 50' in Austin

Name: Sales in Provence 50' started!
Start: 2020-07-28T08:37:24.900366+00:00
End: 2023-12-31T23:59:59+0000
Location: Provence 50'

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Project info

Object ID: 8266

Finished at	November 2019
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 170.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
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

391,000$

Net profit

9,376$

Payback period

33.3 years

Avg property value increase per year

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About the project

David Weekley Homes is now building award-winning homes on 50-homesites in the master-planned community of Provence. Here you can bask in picturesque views of rolling hills and breathtaking sunsets, all while relishing in a small-town lifestyle with modern-day amenities. In Provence, you can also enjoy:

• Pool and amenity center

• Outdoor recreation opportunities in pocket parks, open fields, and hike and bike trails

• Students attend Lake Travis ISD schools

• Close to wineries, rock climbing, historic towns and natural springs

• Nearby shopping, dining and entertainment at the Hill Country Galleria