$650,000
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3 Beds
1 Bath
1,536 SqFt
SOLD DATE : 01/22/2025
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Sold
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $423
Subdivision Driving Park Add
MLS Listing ID 6265690
Sold Date 01/22/25
Bedrooms 3
Full Baths 1
Originating Board actris
Year Built 1946
Annual Tax Amount $9,767
Tax Year 2024
Lot Size 6,856 Sqft
Property Sub-Type See Remarks
Property Description
Prime Redevelopment Opportunity: This property features a generous lot ideal for increasing housing density through redevelopment.
Existing ADU: A small accessory dwelling unit (approx. 480 SF of the total 1,536 SF listed) is located at the back of the property, offering potential rental income or flexible use during redevelopment.
Flexible Zoning: Suitable for various residential or mixed-use projects, maximizing development potential.
Redevelopment Potential
Generous Lot Size: Ample space for building townhomes, condos, or multi-family housing.
Income Generation: The existing bldgs could allow you to generate income while planning and executing your redevelopment project.
Strategic Location: Situated in East Austin, an area experiencing significant growth and demand for new housing options.
This property is ideal for investors and developers looking to capitalize on East Austin's dynamic real estate market.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 3
Interior
Flooring Linoleum
Fireplace N
Appliance None
Exterior
Fence Back Yard, Front Yard
Community Features Playground, Pool, Sidewalks, Trail(s), See Remarks
Utilities Available Above Ground, Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Composition
Porch Covered
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Alley, Front Yard, Near Public Transit, Split Possible, Trees-Medium (20 Ft - 40 Ft)
Faces South
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Wood Siding
New Construction No
Schools
Elementary Schools Metz
Middle Schools Martin
High Schools Eastside Early College
School District Austin Isd
Others
Restrictions None
Ownership Common
Acceptable Financing Cash, Conventional, FHA, SBA, Texas Vet, VA Loan
Tax Rate 1.8092
Listing Terms Cash, Conventional, FHA, SBA, Texas Vet, VA Loan
Special Listing Condition Estate
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Bought with Jonathan Rocha
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