6407 Cannonleague Dr, Austin, TX 78745
- $415,000
- 3
- BD
- 2
- BA
- 1,312
- SqFt
- List Price
- $415,000
- Status
- ACTIVE
- MLS#
- 7324831
- Price Change
- ▼ $9,000 1784357085
- Days on Market
- 135
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,312
- Lot Size
- 10,890
- Area
- Austin - South
Property Description
$ 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.
/u.realgeeks.media/people1strealty/PeopleFirst_Logo_02_Black.png){kind=logo}
Additional Information
- Taxes
- $9,040
- Tax Year
- 2025
- Year Built
- 1972
- Garage Spaces
- 2
- Parking Spaces
- 4
- Exterior Features
- Private Yard
- Interior Features
- Ceiling Fan(s), Tile Counters, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
- Roof
- Composition
- Appliances
- Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Gas Range, RNGHD, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater
- Construction
- HardiPlank Type
- Region
- Austin - South
- View
- City
- School District
- Austin ISD
- Elementary School
- Cunningham
- High School
- Crockett
- Middle School
- Covington
- Sewer
- Public Sewer
- Stories
- 2
- Street Name
- Cannonleague Dr
- Street Number
- 6407
- Neighborhood
- Manchaca Estates Amd
- Water
- Public
- Guest Accommodations
- None
- Acres
- 0.25
- County
- Travis
- Floor
- Carpet, Laminate
- Heating
- Central
- Lot Description
- See Remarks, Back Yard, Few Trees, Front Yard, Interior Lot, Level, Split Possible
Mortgage Calculator
Listing courtesy of Dianna Salazar from Texas Residential Properties. Contact: (512) 656-5526
Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.