$699,000

Single Family Residence In Austin

  • 5 Beds
  • 4 Baths
  • 2,510 Sqft
  • 11,326 Sqft lot
  • Updated: August 1
  • Source:
    Unlock MLS (Austin Board of REALTORS)  MLS#8591338

About the Property

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 a
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.
  • Property type

    House

  • Year built

    1963

  • Price/sqft

    $278

Features

  • Kitchen island

Explore the Area

5210 Woodrow Ave, Austin, Texas, United States View on Google Maps
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John P. Cummings Jr. - Austin

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John P. Cummings Jr. - Austin
Texas, United States
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1
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2025
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John P. Cummings Jr. - Austin
Austin, Texas, United States
View agency profile
Last updated
August 1
First listed
Aug 1
Listing reference
8591338
Listing status
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