$425,000
 $2,281 est/mo Sourced by Back At You

1142 Mansell Ave , Austin, TX 78721

Austin, TX 78721

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Description

Investor's Dream in East Austin: Prime Corner Lot with Huge Potential Situated in the vibrant and rapidly developing East Austin, this duplex offers a unique investment opportunity. While the property requires complete renovation and not all appliances are present, the potential here is unmatched. This corner lot, with dual access from Mansell and Delores, enhances the property's accessibility and development options. Located just 3.5 miles from the Texas Capitol and approximately 3 miles from Houston-Tillotson University and the iconic Franklin BBQ, the location is ideal for those looking to be close to Austin's landmarks. One of the most appealing aspects for investors is the possibility to build a third unit on the lot, maximizing the return on investment (buyer to verify with City of Austin). Furthermore, this property represents the final house in the area awaiting renovation, surrounded by updated and newly built properties, marking a milestone in the neighborhood's gentrification process. This property is not just an opportunity for renovation but a chance to be part of East Austin's ongoing transformation.

Details

MLS#5414374
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1985
Days On Site81
Listing Provided ByPesek Property, LLC | Chris Pesek

Features

SQ Feet1,712
Story(s)1
Acreage0.19
Property ViewNone

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 12, 2024 at 11:49:15 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 4 minutes ago
StateTX
CountyTravis
CityAustin
Zip Code78721
Area5
Community NameEastfield
School DistrictNortheast Early College
Elementary SchoolNorman-Sims
Middle SchoolMartin
High SchoolNortheast Early College
Listing VS Median (in Eastfield)
Price:
$425,000
low | high
Med:
$420,000
51.176470588235% of Average
SqFt:
1,712
low | high
Med:
744
100% of Average
$ / SqFt:
$248
low | high
Med:
$565
77.400379506641% of Average
On Site:
81
low | high
Med:
155.000000
52.258064516129% of Average
Sourced by Back At You
Listing Updated: October 7, 2024 at 9:32:33 PM PDT