
Description
This East Austin gem offers a prime investment opportunity. Zoned SF-3, it takes advantage of new single-family zoning laws allowing for three units per lot. Situated minutes from downtown, across from Mueller, and easily accessible via I-35 and Hwy 183/Ed Bluestein, this 2-bed, 2-bath residence provides a canvas for customization, including potential A, B & C unit configurations for future rental income. It's just 9 miles from the Tesla Gigafactory, 7 miles from Bergstrom International Airport, and 4 miles from the University of Texas and Downtown Austin. Within walking distance to Morris Williams Golf Course and Givens Park, recreation is at your doorstep. All utilities are connected, and gas is provided by Texas Gas Service. This property offers versatility with 25-foot front and 10-foot rear setbacks, 5-foot interior side, and 15-foot street side setbacks, two driveways, 40% lot coverage, and 45% impervious coverage. Height restrictions allow structures up to 35 feet. It's not in a flood plain, ensuring development peace of mind. Unit 1 offers 4,013 sq. ft. and .092 acres, while Units 2 & 3 (Must Be Built) can provide up to 5,629 sq. ft. and .129 acres, allowing substantial expansion. The property comes with a comprehensive set of documents, including the Environmental and Jurisdictional Regulation Report, Zonability Report, Foundation Report, Tree Removal Estimate, Land Survey, Condo Plat Map, Flood Disclosure Map, Title Commitment, Home Inspection Report, and Wood Destroying Report. These resources position this property for a well-informed and savvy investment. Explore the wealth of information under the documents section to maximize this exceptional opportunity.
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2BEDS
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0.22ACRES
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2BATHS
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01/2 BATHS
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1,200SQFT
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$307$/SQFT
School Information
Description
This East Austin gem offers a prime investment opportunity. Zoned SF-3, it takes advantage of new single-family zoning laws allowing for three units per lot. Situated minutes from downtown, across from Mueller, and easily accessible via I-35 and Hwy 183/Ed Bluestein, this 2-bed, 2-bath residence provides a canvas for customization, including potential A, B & C unit configurations for future rental income. It's just 9 miles from the Tesla Gigafactory, 7 miles from Bergstrom International Airport, and 4 miles from the University of Texas and Downtown Austin. Within walking distance to Morris Williams Golf Course and Givens Park, recreation is at your doorstep. All utilities are connected, and gas is provided by Texas Gas Service. This property offers versatility with 25-foot front and 10-foot rear setbacks, 5-foot interior side, and 15-foot street side setbacks, two driveways, 40% lot coverage, and 45% impervious coverage. Height restrictions allow structures up to 35 feet. It's not in a flood plain, ensuring development peace of mind. Unit 1 offers 4,013 sq. ft. and .092 acres, while Units 2 & 3 (Must Be Built) can provide up to 5,629 sq. ft. and .129 acres, allowing substantial expansion. The property comes with a comprehensive set of documents, including the Environmental and Jurisdictional Regulation Report, Zonability Report, Foundation Report, Tree Removal Estimate, Land Survey, Condo Plat Map, Flood Disclosure Map, Title Commitment, Home Inspection Report, and Wood Destroying Report. These resources position this property for a well-informed and savvy investment. Explore the wealth of information under the documents section to maximize this exceptional opportunity.
© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-09-22T17:02:52.58.
