4902 Merritt Drive, Austin, 78744, TX

$1,250,000

0 Bed
0 Bath
3,120 Sqft
.4 Acre
0 Garage

The value is in this land and the zoning that is already in place. Must see this huge investment opportunity that is already producing income! The current generated income is $4800 a month with a potential income of $5500-6000. Generate your income while planning your redevelopment. Also selling the quadruplex next door(4900/4902). Zoned LR-MU-NP.
Future land use: picture shops on the 1st floor with condos above, mixed-used, office, transportation, etc. in the future land use could be a convenience store. Total land for both lots is approximately .6957 total acres.

Essential Information
MLS® #3317006
Price$1,250,000
Bathrooms0.00
Square Footage3,120
Acres0.40
Year Built1982
TypeResidential Income
Sub-TypeQuadruplex
StatusActive
Community Information
Address4902 Merritt Drive
Area11
SubdivisionPeppertree Park Sec 08
CityAustin
CountyTravis
StateTX
Zip Code78744
Amenities
UtilitiesSee Remarks
FeaturesNone
ParkingNone
WaterfrontNone
Interior
InteriorCarpet, Vinyl
HeatingCentral, Natural Gas
# of Stories2
StoriesTwo
Appliances

Dishwasher, Free-Standing Range, Gas Water Heater, Refrigerator

Exterior
Exterior FeaturesBalcony, Exterior Steps
Lot DescriptionNone
RoofComposition
ConstructionFrame, Masonry
FoundationSlab
School Information
DistrictAustin ISD
ElementaryHouston
MiddleMendez
HighTravis
Additional Information
Date ListedAugust 30th, 2022
Days on Market93
Property History
Price Reduced from $1,500,000 to $1,250,000
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4900 Merritt Drive, Austin

$1,250,000 - 3,120 Sf

MLS® # 8989824

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Property Listed by: AustinRealEstate.com

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