This property offers a fantastic investment opportunity in the heart of Austin, just a 14-minute drive to downtown and 16 minutes to the airport. With tenants already in place, generating $1,500 per month, this property is a solid income producer. The current lease runs through January 31, 2025. The home can be remodeled to enhance its value and rental potential, or you can take advantage of the lot’s redevelopment possibilities. Zoned SF3, this nearly 12,000 square foot (0.27 acre) lot provides ample space for building a duplex or an accessory dwelling unit (ADU). This property offers numerous opportunities at a competitive price point in a central Austin location. Buyers are encouraged to conduct their own due diligence. Owner financing may be available with a suitable offer.
MLS# | 6322937 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1953 |
Days On Site | 160 |
Listing Provided By | Wilder Realty LLC | Blake Wilder |
Bed(s) | 3 |
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Bath(s) | 1 Total |
SQ Feet | 1,128 |
Story(s) | 1 |
Acreage | 0.27 |
Property View | None |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78753 |
Area | 2N |
Community Name | Georgian Acres Estate |
School District | Navarro Early College |
Elementary School | Barrington |
Middle School | Webb |
High School | Navarro Early College |
Listing VS Median (in Georgian Acres Estate) | |
Price: $259,000 low | high Med: $259,000 SqFt: 1,128 low | high Med: 1,128 $ / SqFt: $230 low | high Med: $230 On Site: 160 low | high Med: 160.000000 |