Amazing opportunity in a prime Central Austin location directly across from The Grove. This large, flat lot with rear alley access is ideal for a new custom home or a complete renovation. The property is being sold as-is, with the value primarily in the land. There are two structures on the property: a 2-bedroom, 1-bath main house and a nice efficiency unit at the rear. Both structures are solid but require a complete renovation. The property previously generated $3,350 per month in rental income in its current condition; however, the former tenants left it in poor condition. The highest and best use may be a teardown for new construction, although buyers looking for a major renovation project will also appreciate the property's potential. Its exceptional location directly across from The Grove places shopping, dining, parks, and entertainment just steps away, making this a rare redevelopment opportunity in one of Central Austin's most desirable areas.
10 days
|
361
|
7
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Roya Johnson(512) 472-1000,
Keller Williams Realty(512) 448-4111
Source: Unlock MLS,MLS#: 9336827
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3
Heating
Central, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Gas Range, Free-Standing Range, Refrigerator, Gas Water Heater