931 E 55th Street, Austin, TX 78751

$575,000
1
BD
1
BA
660
SqFt
List Price
$575,000
Status
ACTIVE
MLS#
3449030
Days on Market
7
Bedrooms
1
Bathrooms
1
Living Area
660
Area
Austin - Central

Property Description

Loads of development potential on this flat/unencumbered 60' x200' /12,057sf lot with income generation/great tenant at $1500/month through 3/2023. Maximum development potential is 4,823sf of floor area. Feasibility study, elevation and tree survey provided. No heritage trees to stand in your way of maximizing development. Zoned SF-3-NP permitting main house with ADU or a duplex/condo regime. Within a 1/4 mile of a transit stop so no third onsite parking space required for ADU. Surrounded by +million $ new construction on a quiet street in a hidden gem of a neighborhood that’s 5 mins to Downtown/UT/Capitol. Value in the land, but cute/low maintenance rental property while architectural plans are drawn. Buyer advised to perform all due diligence. Do not disturb tenant. Dog on site. Showings by appointment only after 6p and by appointment on weekends. Owner/agent.

Additional Information

Taxes
$9,536
Tax Year
2021
Year Built
1960
Exterior Features
Private Yard
Interior Features
MainLevelMaster, NoInteriorSteps, High Speed Internet
Appliances
Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Disposal, Microwave
Construction
HardiPlank Type
Region
Austin - Central
View
No View
School District
Austin ISD
Elementary School
Ridgetop
High School
McCallum
Middle School
Lamar (Austin ISD)
Sewer
Public Sewer
Stories
1
Street Name
E 55th Street
Street Number
931
Neighborhood
Hill
Acres
0.277
County
Travis
Floor
Vinyl
Heating
Electric
Lot Description
Back Yard, Cleared, Front Yard, Level, Few Trees

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Marye Company.

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