This listing is NOT a foreclosure. $25K Price Improvement! Urban dwellers dream, unique investment opportunity or BOTH in the heart of treelined pocket neighborhood Banister Acres/Southwood, fast becoming the next hot spot for central living! Two artistically inspired homes that rent quickly given the neighborhoods proximity to 78704, SOCO, SOLA, Zilker Park/Barton Springs, St Elmo district and more! Both are in great shape. The front home is a 3-1 ranch-style bungalow with a warm mid-century appeal and has had all major items updated. The 1-1 is a Erica Heroy signature featured in Dwell magazine built around 2017. It's an architectural space that offers a true sense of zen while inspiring creativity with its large open space, cool loft bedroom and lots of storage space. Live in one and rent out the other full time or STR with great rental demand for the area given proximity to 78704 and downtown yet much more affordable. 3/1 projected rents at $1900-$2k per mth and 1-1 projected rents at $1700 per mth. OR live in one and STR the other and easily double the daily revenue after expenses!nnCollectively this property provide amazing flexibility - investment, STR, off-seting payment
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to live in central for very low dollars while building equity and more. nn1,832 Total sq ft 7k+ sq foot lot ADU featured in magazines and built in 2018 New interior paint at ADU Added stove/backsplash at ADU in 2024 New tankless water heater in ADU Pre-wired for Surround Sound at ADU New Interior paint on both Foors on front house in 2023 Roof replacement in 2021 on front house Windows in 2017 at front house Updated electric in 2017 Updated PVC Drain Lines on front house 2023 10 mins to ABIA, Zilker Park/Barton Springs, downtown Minutes to Central Market, Juiceland, SOCO, SOLA.This MLS Resale home is a single family home located in AUSTIN. It offers 0.1637 acres in size, beds and 2 baths. Review its detailed information and determine if this AUSTIN MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1080360541
Parcel Number312977
CountyTravis
Bathrooms2.0
Living Area (sqft)1,832
Price/sqft$409
Year Built01/01/1958
Property TypeSingle Family Home
Lot Size0.1637 acres
Stories1
Total Units1
HeatingCentral
Roof TypeComposition Shingle
Parking2
Construction TypeWood
Legal DescriptionLOT 15 BLK A PARK FOREST SEC 1
Property Brokerage:
Christies Intl Real Estate Lone Star