300 Irma Drive

Austin, TX 78752
$499,900
1280 sqft | 0.17 acres | #5502862

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.
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  • Interior Details
    • Interior Features
      • Interior:Ceiling Fans, MainLevelPrimary
  • Property Details
    • Property
      • Lot description:Corner Lot
    • Measurements
      • Acres:0.1749
      • Square Feet:1280
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1958
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Natural Gas Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Sherry Dale
    • Location
      • School district:Austin ISD
      • Elementary School:Reilly
      • Middle School:Lamar (Austin ISD)
      • High School:McCallum
      • County:Travis
  • Financial Details
    • Pricing Details
      • Original List Price:$499, 900
      • Days on Market (Cumulative):55
      • Taxes annual:$7, 310
  • Restrictions
    • Pets
      • Pets:1
  • Other
    • Source
      • MLS #:5502862

Location

Buffy Jo CarrReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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