UPDATED:
10/22/2024 10:30 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,712 sqft
Price per Sqft $248
Subdivision Eastfield
MLS Listing ID 5414374
Originating Board actris
Year Built 1985
Annual Tax Amount $7,622
Tax Year 2024
Lot Size 8,302 Sqft
Property Description
Situated in the vibrant and rapidly developing East Austin, this duplex offers a unique investment opportunity. While the property requires complete renovation and not all appliances are present, the potential here is unmatched. This corner lot, with dual access from Mansell and Delores, enhances the property's accessibility and development options. Located just 3.5 miles from the Texas Capitol and approximately 3 miles from Houston-Tillotson University and the iconic Franklin BBQ, the location is ideal for those looking to be close to Austin's landmarks.
One of the most appealing aspects for investors is the possibility to build a third unit on the lot, maximizing the return on investment (buyer to verify with City of Austin). Furthermore, this property represents the final house in the area awaiting renovation, surrounded by updated and newly built properties, marking a milestone in the neighborhood's gentrification process. This property is not just an opportunity for renovation but a chance to be part of East Austin's ongoing transformation.
Location
State TX
County Travis
Interior
Interior Features No Interior Steps, Open Floorplan
Heating None
Cooling None
Flooring Carpet, Tile
Fireplace Y
Appliance None
Exterior
Exterior Feature No Exterior Steps
Fence Partial, Privacy, Wood
Community Features High Speed Internet
Utilities Available Above Ground, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Waterfront No
Waterfront Description None
View None
Roof Type Composition
Accessibility None
Porch Front Porch
Parking Type Off Street, Parking Pad
Total Parking Spaces 4
Building
Lot Description Corner Lot
Faces Southeast
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Stone Veneer
New Construction No
Schools
Elementary Schools Norman-Sims
Middle Schools Martin
High Schools Northeast Early College
School District Austin Isd
Others
Pets Allowed Cats OK, Dogs OK, No Weight Limit, No Restrictions, All
Restrictions City Restrictions
Acceptable Financing Cash
Tax Rate 1.809247
Listing Terms Cash
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK, No Weight Limit, No Restrictions, All
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