1807 W 38th St, Austin, TX 78731

$835,000
3
BD
2
BA
1,161
SqFt

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List Price
$835,000
Status
ACTIVE
Days on Market
8
MLS#
9336827
Subtype
Residential
Year Built
1950
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,161
Lot Size
7,056
Acres
0.16
Subdivision
Oakmont Heights
Neighborhood
Oakmont Heights
MLS Area Major
Austin - Central, Austin - Northwest

Property Description

Amazing opportunity in a prime Central Austin location directly across from The Grove. This large, flat lot with rear alley access is ideal for a new custom home or a complete renovation. The property is being sold as-is, with the value primarily in the land. There are two structures on the property: a 2-bedroom, 1-bath main house and a nice efficiency unit at the rear. Both structures are solid but require a complete renovation. The property previously generated $3,350 per month in rental income in its current condition; however, the former tenants left it in poor condition. The highest and best use may be a teardown for new construction, although buyers looking for a major renovation project will also appreciate the property's potential. Its exceptional location directly across from The Grove places shopping, dining, parks, and entertainment just steps away, making this a rare redevelopment opportunity in one of Central Austin's most desirable areas.

Additional Information

Amenities
None
Interior Features
None
Exterior Features
Private Yard
Taxes
$12,713
Appliances
Gas Range, Free-Standing Range, Refrigerator, Water Heater
Heating
Central, Natural Gas
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Brick Veneer, Masonry All Sides
Stories
1
Levels
One
Roof
Composition
School District
Austin ISD
Elementary School
Bryker Woods
Middle School
O Henry
High School
Austin
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No View

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Listing courtesy of Keller Williams Realty. Contact: (512) 472-1000

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