$287,000
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1 Bed
1,250 SqFt
SOLD DATE : 03/25/2025
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $189
Subdivision James P Wallace League Surv #5
MLS Listing ID 6505881
Sold Date 03/25/25
Bedrooms 1
HOA Y/N No
Year Built 1939
Annual Tax Amount $4,218
Tax Year 2023
Lot Size 0.459 Acres
Acres 0.4587
Property Sub-Type See Remarks
Source actris
Property Description
Georgian in Austin, TX, is a fantastic investment opportunity for developers and investors alike. This multi-unit property features 2-4 units, each currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans.
Situated in a rapidly growing area, this property presents endless potential. Whether you're looking to renovate and increase rental yields or start fresh with a complete redevelopment, this is the perfect canvas for your next project. Many investors in the area are capitalizing on the potential to scrape and rebuild, taking advantage of Austin's robust real estate market.
Don't miss out on this rare opportunity to own a multi-unit property in a desirable Austin neighborhood with plenty of upside for future growth!
Location
State TX
County Travis
Area 2N
Interior
Fireplace N
Appliance See Remarks
Exterior
Fence None
Community Features None
Utilities Available See Remarks
Waterfront Description None
View None
Roof Type Composition
Porch See Remarks
Total Parking Spaces 5
Private Pool Yes
Building
Lot Description Corner Lot, Few Trees
Faces East
Foundation Slab
Level or Stories Two
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Allison
Middle Schools Bailey
High Schools Akins
School District Austin Isd
Others
Restrictions Zoning
Ownership Common
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Estate
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Bought with Compass RE Texas, LLC
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