507 Allen St, Austin, TX 78702

$735,000
3
BD
2
BA
1,120
SqFt
List Price
$735,000
Status
ACTIVE
MLS#
5245447
Days on Market
22
Bedrooms
3
Bathrooms
2
Living Area
1,120
Lot Size
6,242
Area
Austin - Central, Austin - East

Property Description

Location Location Location....Remarkable investment opportunity. This property is just a 2 minute drive time to downtown Austin. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. Conveniently located nearby Grizzeldas, Justine's, Cloud Tree Art Studio/Gallery, Central Machine Works, Metro Rail, and just a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans. This charming home offers 3 bedrooms, 2 bathrooms, and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown, or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don't miss out on this amazing opportunity!

Additional Information

Taxes
$6,040
Tax Year
2023
Year Built
1940
Parking Spaces
2
Exterior Features
Exterior Steps
Interior Features
No Interior Steps, Primary Bedroom on Main
Roof
Composition
Appliances
Free-Standing Range, Electric Water Heater
Construction
Frame
Region
Austin - Central, Austin - East
View
No View
School District
Austin ISD
Elementary School
Brooke
High School
Eastside Early College
Middle School
Martin
Sewer
Public Sewer
Stories
1
Street Name
Allen St
Street Number
507
Neighborhood
Pipkin Add
Water
Public
Guest Accommodations
None
Acres
0.14
County
Travis
Floor
Carpet, Laminate
Heating
Central, Natural Gas
Lot Description
Back Yard, Front Yard, Interior Lot, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Pure Realty. Contact: (512) 924-1081

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