2909 E 5th St, Austin, TX 78702

$700,000
2
BD
1
BA
884
SqFt
List Price
$700,000
Status
ACTIVE
MLS#
1495131
Days on Market
252
Bedrooms
2
Bathrooms
1
Living Area
884
Lot Size
6,786
Area
Austin - Central, Austin - East

Property Description

Investor's Dream! This fantastic property comes with a lucrative bonus – it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment opportunity!

Additional Information

Taxes
$11,427
Tax Year
2022
Year Built
1945
Parking Spaces
2
Exterior Features
See Remarks
Interior Features
Primary Bedroom on Main, See Remarks
Roof
Shingle
Appliances
Gas Range
Construction
Masonry Partial
Region
Austin - Central, Austin - East
View
City
School District
Austin ISD
Elementary School
Brooke
High School
Eastside Early College
Middle School
Martin
Sewer
Public Sewer
Stories
1
Street Name
E 5th St
Street Number
2909
Neighborhood
Hartwell Add
Water
Public
Guest Accommodations
None
Acres
0.16
County
Travis
Floor
Laminate, Tile, Wood
Heating
Central
Lot Description
Back Yard, Few Trees, Front Yard, Level, Split Possible, Trees-Medium (20 Ft - 40 Ft)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams - Lake Travis. Contact: (512) 296-4714

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