Austin, TX 78756
Unique covered land opportunity in the heart of central Austin. Ideal for builders looking for small MF development and recent zoning changes should allow three-unit residential on the property (SF-3 zoning). Current architectural plans for single-family home plus ADU convey with the sale. Two leases have been secured for a projected $45,516 in NOI ($4,800 per month) and offer income while plans are being processed (6.51% cap rate). Home is being marketed as a tear down.
| MLS ID | 8591338 | |
| Status | Active | |
| Days Active | 19 | |
| Est. Tax | ||
| Lot Size | 0.26 | |
| Year Built | 1963 | |
| Total Bedrooms | 5 | |
| 1st Floor Bedrooms | 0 | |
| Full Baths | 4 | |
| Half Baths | 0 | |
| Square Feet | 2510 | |
| Price Per SqFt | $278.49 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | ||
| Flooring | Tile, Wood | |
| Stories | Two | |
| Pool | No | |
| Courtesy of | John P. Cummings Jr. (512) 656-8030 | |
| Subdivision | Broadacres | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | Tar/GravelTar/Gravel | |
| Construction | ||
| Foundation | Slab | |
| Fencing | Back Yard, Fenced, Gate | |
| Elementary School | Brentwood | |
| Elementary District | Austin ISD | |
| Middle School | Lamar (Austin ISD) | |
| Middle District | Austin ISD | |
| High School | Austin | |
| High District | Austin ISD | |
| Appliances | Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Oven, Electric Oven, Refrigerator, Washer, Electric Water HeaterCooktop, Dishwasher, Disposal, Dryer, Gas Range, Oven, Electric Oven, Refrigerator, Washer, Electric Water Heater | |
| Heating | Central | |
| Cooling | Ceiling Fan(s), Central Air | |
| Exterior Features | Restricted Access | |
| Lot Features | City Lot | |
| Community Features | None | |
| Patio Features | Front Porch | |
| Structures | Storage | |
| Interior Features | Ceiling Fan(s), Kitchen Island, Open Floorplan, Storage, Electric Dryer Hookup, Washer Hookup, Study/Home Office | |
| Fencing Features | Back Yard, Fenced, Gate | |
| Parking Features | Attached, Covered, Private, Reserved | |
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