Property description updated with
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Previous Description:
**HUGE PRICE DROP*** Large lot, easy accessibility to highways and downtown in North East Austin. The property is located in an ETJ, so there are fewer building/zoning restrictions and no municipal taxes. Located just 3 minutes from the new Austin Beerworks Brewery, and 2 minutes from St. Elmo Brewing Co's new location, this property is right in the heart of the exploding North East Austin neighborhood. Current structures on the property: Large house with a fully renovated stand alone separate home with laundry/kitchen/bathroom. Make the most of the huge househacking opportunity - rent out the garage studio with full bath and kitchenette. The second primary suite in the main house has its own private entrance off the patio. Easily add a kitchenette and rent it out as well. Or enjoy the space of the large home and yard all to yourself. Several new multi-family developments have been under development in this area over the last two years. If you've been thinking about getting in on the Austin real estate market, now is your chance. You have an opportunity to build multi-family housing on this lot - see drawings in Documents.Buyer to verify all info.
Updated Description:
**HUGE PRICE DROP*** Large lot, easy accessibility to highways and downtown in North East Austin. The property is located in an ETJ, so there are fewer building/zoning restrictions and no municipal taxes. Located just 3 minutes from the new Austin Beerworks Brewery, and 2 minutes from St. Elmo Brewing Co’s new location, this property is right in the heart of the exploding North East Austin neighborhood.
Current structures on the property: Large house with a fully renovated stand alone separate home with laundry/kitchen/bathroom. Make the most of the huge househacking opportunity - rent out the garage studio with full bath and kitchenette. The second primary suite in the main house has its own private entrance off the patio. Easily add a kitchenette and rent it out as well. Or enjoy the space of the large home and yard all to yourself.
Several new multi-family developments have been under development in this area over the last two years. If you've been thinking about getting in on the Austin real estate market, now is your chance.
You have an opportunity to build multi-family housing on this lot - see drawings in Documents.
Buyer to verify all info.
