$499,900
For Sale

300 Irma Drive

Austin, TX 78752
1280 sqft | 0.17 acres | #5502862
Browse 7 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

A prime real estate opportunity for redevelopment or land banking with some income. Favorable Austin redevelopment rules allow for 3 residences on this lot. 300 Irma is nestled in the vibrant heart of Austin, Texas. This unique property, currently structured as a duplex, offers an exceptional chance for developers and investors to tap into the city's flourishing housing market, with its true value lying in its potential for land development. Situated in a highly sought-after area of Austin, near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and other popular restaurants and shopping destinations, it's an ideal site for residential projects. The recent introduction of the HOME amendment by the City of Austin allows for the potential to build up to three residences on this lot, further enhancing its appeal. Don't miss out on this exceptional opportunity to own and develop in one of Austin's most desirable neighborhoods, a rare find in Austin's competitive real estate market, offering a lucrative opportunity for those looking to invest in a growing area. Call for details regarding our Byrne Buyers Guarantee. Register now! Buyer to verify all MLS information.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • InteriorCeiling Fans, MainLevelPrimary
      • Middle SchoolLamar (Austin ISD)
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • SubdivisionSherry Dale
      • Lot DescriptionCorner Lot
      • School DistrictAustin ISD
      • High SchoolMcCallum
      • Original List Price$499,900
      • MLS #5502862
      • MLS #5502862
      • Acres0.1749
      • Utility SourcePublic
      • Elementary SchoolReilly
      • CountyTravis
      • Taxes Annual$7,310
      • Cost499900
      • Property SubtypeDuplex
      • Property ConditionResale
      • Square Feet1280
      • Year Built1958
      • FoundationSlab
      • Days on Market (Cumulative)84
      • Pets1

Location

13 Agents Online Now
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Down Payment

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Interest Rate

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6.0%

Tax Rate

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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