NEW PRICE! Priced below comps! As financial and crypto markets stumble - invest in the safest place - central Austin real estate! Amazing opportunity in Travis Heights for cash-flow duplex or single-family compound with pool and casita. Bring all serious offers. Historic Landmark Commission (property is NOT historic, but neighborhood is in a historic district) recently approved remodel plans that include the following if desired:
-Convert from duplex to SFR
-Remodel the entire building (int/ext): new exterior brick facade, windows, roof, trim, doors, foundation, down to the studs interior remodel, add roughly 260 SF to building, new pool, plus roughly 380 SF of guesthouse. It will essentially be a new house in the shape of the existing building.
See the attached exterior elevations for existing, and the proposed that were approved as well as the scope of work.
Duplex is currently a 2bed, 1.5 bath for each unit, and with a little love, they could bring $2500-$3000+ per side. Gorgeous mature pecan trees, quiet short block just steps to South Congress Avenue and LadyBird Lake Boardwalk. Call Clayton with further questions. See agent for demolition limitations, and multiple possibilities for taking this A++ located-gem to the next ATX Level!
Property Listed by: Moreland Properties
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from August 12th, 2022 at 2:02pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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