Austin, TX 78702
Exceptional redevelopment opportunity in the heart of downtown Austin. With HOME Phase 1 and 2 already passed, this property is primed for development or expansion. The single parcel currently features two income-producing dwellings: a front house of approximately 1,617 sq ft and a detached 300 sq ft efficiency unit, both currently rented. The property offers a fully fenced perimeter for privacy and security, with gated access at both the front and rear, allowing for secure on-site parking and flexible access. The owner has commissioned architectural plans for a full redevelopment consisting of two townhomes with garages plus one single-family residence, allowing for a total of three new units. The lot may be fully scraped and rebuilt, or alternatively, the existing front home can be expanded vertically or reconfigured to maximize value. Ideally located just minutes from Rainey Street, downtown dining, nightlife, and Austin’s most popular hotspots. Tree Survey and Zonability Report available. A rare opportunity to capitalize on location, density, and long term upside in one of Austin’s most desirable urban cores.
| MLS ID | 7444062 | |
| Status | Active | |
| Days Active | 253 | |
| Est. Tax | 15419 | |
| Lot Size | 0.134 | |
| Year Built | 1952 | |
| Total Bedrooms | 5 | |
| 1st Floor Bedrooms | 4 | |
| Full Baths | 3 | |
| Half Baths | 0 | |
| Square Feet | 1617 | |
| Price Per SqFt | $572.05 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 1 | |
| Fireplace Info | Living Room | |
| Flooring | Carpet, Laminate, Tile | |
| Stories | One | |
| Pool | No | |
| Courtesy of | City View Realty (512) 917-3679 | |
| Subdivision | Shelley N G | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | CompositionComposition | |
| Construction | ||
| Foundation | Pillar/Post/Pier | |
| Fencing | Privacy, Wood | |
| Elementary School | Barton Hills | |
| Elementary District | Austin ISD | |
| Middle School | Lively | |
| Middle District | Austin ISD | |
| High School | Travis | |
| High District | Austin ISD | |
| Appliances | Dishwasher, Disposal, Microwave, Free-Standing Gas Oven, Refrigerator, See Remarks, Washer/Dryer StackedDishwasher, Disposal, Microwave, Free-Standing Gas Oven, Refrigerator, See Remarks, Washer/Dryer Stacked | |
| Heating | Central, Wall Furnace, See Remarks | |
| Cooling | Central Air, Wall/Window Unit(s), Other | |
| Exterior Features | None | |
| Lot Features | Alley Access, Near Public Transit, Public Maintained Road | |
| Community Features | Curbs, Sidewalks | |
| Patio Features | Patio, Porch | |
| Structures | Guest House, See Remarks | |
| Interior Features | Ceiling Fan(s), Tile Counters, Electric Dryer Hookup, Kitchen Island, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections, Washer Hookup | |
| Fencing Features | Privacy, Wood | |
| Parking Features | Alley Access, Carport, Off Street | |
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