Austin - South Homes with Split Possible Lot description

Welcome to the vibrant South Austin, where eclectic charm meets modern living! Nestled within Travis County, this dynamic area of Austin boasts a rich cultural tapestry, stunning natural landscapes, and a thriving community spirit. South Austin is known for its unique blend of urban convenience and suburban tranquility, making it a sought-after destination for families, young professionals, and retirees alike.

As you explore South Austin, you'll discover a variety of homes that cater to diverse lifestyles. Among these, properties with split possible lots present an exciting opportunity for buyers looking to maximize their investment. These homes not only offer comfortable living spaces but also the potential for future development. Imagine the possibilities: whether you choose to build a second dwelling for family or rental income, or simply enjoy the spacious outdoor area for gardening and recreation, the choice is yours!

The neighborhood is adorned with lush parks, trendy eateries, and vibrant local shops, all while maintaining a close-knit community feel. Residents enjoy easy access to downtown Austin, renowned for its live music scene and cultural events, while also relishing the serene environment that South Austin provides.

In this area, you’ll find homes that reflect the artistic spirit of Austin, often featuring unique architectural designs and eco-friendly elements. With its friendly atmosphere, rich amenities, and the allure of potential lot development, South Austin is not just a place to live; it’s a lifestyle waiting to be embraced. Come experience the magic of South Austin today!

Newest Austin - South Homes with Split Possible Lot description

$465,000

9744517 MLS

Unit A is currently being updated with new flooring, counters and back splash. Tenants just moved out. Discover an exceptional investment opportunity in a highly sought-after South Austin locale, where modern updates meet prime positioning. This renovated duplex offers immediate cash flow, presenting a compelling prospect for discerning buyers. Both units feature brand-new flooring and elegant quartz countertops, complemented by contemporary light fixtures and ceiling fans, creating a fresh and inviting atmosphere. The A side boasts meticulously updated bathrooms, while both units benefit from newer AC systems and hot water heaters, ensuring comfort and efficiency. The property also features a roof approximately six years old, providing peace of mind. Situated on a desirable corner lot, the duplex provides ample outdoor space with large backyards for both units, and unit B also has an expansive fenced front yard. This location is a commuter's dream, positioned directly on a popular bike route and a convenient Capital Metro bus route. Enjoy the vibrant neighborhood appeal with renowned eateries like Leroy and Lewis BBQ just a short walk away, offering a truly engaging lifestyle. This property seamlessly blends modern amenities with an unbeatable location, making it a truly unique offering in the Austin market. Instant cash flow!

5700 Cherry Park Unit A/B, Austin

$415,000

3 Beds ⋅ 2 Baths ⋅ 7324831 MLS

$ 85K below appraisal!. !Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1312 square feet, is in good condition, ensuring a smooth appraisal and financing process. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing a small part of the over sized garage with workshop. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience. 2-1 buydown starting at 4.35% and free refi offered by lender and other special loan programs.

6407 Cannonleague Dr, Austin

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