$1,049,000
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2,628 SqFt
SOLD DATE : 09/03/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,628 sqft
Price per Sqft $361
Subdivision Vance Park
MLS Listing ID 2184974
Sold Date 09/03/24
Originating Board actris
Year Built 1967
Tax Year 2024
Lot Size 0.257 Acres
Property Description
Fantastic duplex house located in the highly sought-after Judges Hill area right next to West Campus. This property features two units with spacious layouts and a shared, large open backyard. With a bit of TLC, rents can be doubled. Remodeling the 6/3 unit A can yield you $7,800 to $8K per month rent and remodeling unit B can yield you $3,900 to $4K rent.
The lot is very large 11,167 sq feet, with 80 feet of frontage. the new SF3 zoned regulations allow for the lot to be subdivided into three 3,722 sq feet lots so the land value and redevelopment potential here is huge. Also, MLK is likely to be rezoned to TOD ( transit-oriented district) which would further expand the redevelopment potential. This is a tremendous covered land play.
Location
State TX
County Travis
Interior
Interior Features Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Pantry
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate, Tile, Wood
Fireplace Y
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven
Exterior
Exterior Feature Exterior Steps
Fence Wood
Pool None
Community Features None
Utilities Available Electricity Available
Waterfront No
Waterfront Description None
View City
Roof Type Composition,Shingle
Accessibility None
Porch None
Parking Type Off Street
Total Parking Spaces 7
Building
Lot Description Trees-Small (Under 20 Ft), See Remarks
Faces North
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame,Masonry – Partial
New Construction No
Schools
Elementary Schools Bryker Woods
Middle Schools O Henry
High Schools Austin
School District Austin Isd
Others
Pets Allowed Cats OK, Dogs OK, Breed Restrictions
Restrictions None
Acceptable Financing Cash, Conventional, 1031 Exchange
Tax Rate 1.809
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK, Breed Restrictions
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