Prime location investment property on a very large and beautiful .281 acre lot. NOTE- 20 Acre adjacent prime infill lot at 1601 Royal Crest just sold! Get in now before redevelopment. It is an excellent long term investment property for buy and hold. The lot will allow 2 very large… Read More new construction houses (buyer to verify). In the interim, the nicely updated duplex currently on the property offers great rental income potential. Downtown views possible with new construction (buyer to verify)! The lot is over 12,000sf with almost 80 feet wide frontage. The duplex improvement is an attractive, classic duplex that has been consistently upgraded over time and is in strong interior and exterior condition for rental use, featuring recent vinyl plank flooring, updated kitchen finishes with stainless steel appliances, interior paint, and newer carpet. Previously leased as high as $2,200/month and now delivered vacant for immediate flexibility. The property features a highly functional attached 4 car carport with additional storage. Each unit is very spacious and larger than standard size at over 1300sf per unit.
Location is everything here. Situated directly across from the new Woodland Pocket Park, 1 minute from a 20 acre prime infill future redevelopment lot! Walkable to the future Lakeshore light rail stop and the burgeoning East Riverside Corridor and Ladybird Lake Hike and Bike trail! Minutes to downtown and South Congress. The property is zoned for the coveted Travis Heights Elementary School! 1618 Asian Fusion, Thai Zen, Wahoo's Fish Tacos, JABS smash burger! The value is mostly in the land with the added value of the ready to lease duplex. Read Less
Property listed by NB Elite Realty 844-444-6237 (844) 444-6237
Listing Snapshot
Days Online
78
Last Updated
Property Type
UnimprovedLand
Lot Size
0.28 Acres
MLS Number
7224110
Additional Details
Community
None
Disclosures
None
Lot
0.28 acres, None
Property
City, TreesWoods
Sewer
PublicSewer
Taxes
Parcel Number: 4312, Assessed Value: $615,190, Legal Description: lot 3 Block C Colorado Hills Estate Sec 02, Year: 2026
Utilities
SeeRemarks, Water Source: Public
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Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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