Price $500,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,110 sqft
Lot Size 13,643 sqft
Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. The existing structure can be remodeled and expanded up to 4,357 square feet and include an ADU of up to 1,100 square feet. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area of dwellings of 2500 sq ft support an average sales price of $429 per square foot projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.
Property Type(s): Single Family
Last Updated 4/25/2024 Tract Holiday Hills Sec 01
Year Built 1960 Community Holiday Hills Sec 01
Garage Spaces 2.0 County Travis

SCHOOLS

Elementary School Brown
Jr. High School Webb
High School Navarro Early College

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA 2
BUYER'S BROKERAGE COMPENSATION 2.500
CONSTRUCTION Brick, Frame, Vinyl Siding
GARAGE Yes
HEAT Central
INTERIOR Laminate Counters
LOT 0.3132 acre(s)
LOT DESCRIPTION Cul-De-Sac, See Remarks
PARKING Carport, Covered
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Holiday Hills Sec 01
TAXES 9353.61
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW DESCRIPTION None
WATER Public

Location

 

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Property listed by James DeLoney, eXp Realty, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/7/24 12:51 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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This IDX solution is (c) Diverse Solutions 2024.

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