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.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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1,712SQFT
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$248$/SQFT
School Information
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.
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