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$1,300,000

Est. payment - /mo

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960 SqFt

Active

307 Swanee DR Austin, TX 78752

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Sloan Dunlop

sloan@purerealty.com +1(512) 431-6418

UPDATED:

06/27/2024 09:56 PM

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $1,354

Subdivision Silverton Heights

MLS Listing ID 2536050

Originating Board actris

Year Built 1963

Annual Tax Amount $7,206

Tax Year 2024

Lot Size 6,294 Sqft

Acres 0.1445

Property Description

Significant investment potential awaits this 6,294 sf lot (per tax records) at the end of Swanee Drive at Upper Waller Creek in the heart of Austin, Texas. As times are changing, so are building restrictions. While already a Multifamily designation, restrictions have loosened on height restrictions (up to 90 ft), number of dwellings allowed on a single lot, lot size if subdivided, building materials and minimal setbacks as well. All new regulations can be confirmed with the City of Austin planning department. The building/zoning changes are part of the ETOD Overlay Subject Tract, due to Light Line, Code Amendment and rezoning case #C20-2023-004. The home would be an excellent rental property for the investor who’s not quite ready to build. Located near the busy Guadalupe/Airport intersection just SE of North Lamar, convenient to public transportation, shopping, dining, parks, schools and more. Within approximately 1 mile of IH 35 as well Hwy 183, and approximately 3 miles from Mopac! Downtown Austin can be seen to the South! This gorgeous lot would be ideal for multi-story or multi-dwelling construction. "As is" this 1960's bungalow is a pristine 3 bedroom, 2 and a half bathroom home with unique updates along with the original hardwood floors and more. The home includes a private back patio, a storage shed, a large carport and beautiful landscaping from fence to fence. Mature trees and plants occupy the property and the natural privacy along Waller Creek is some of the last of its kind in Central Austin.

Location

State TX

County Travis

Zoning Zoned Multifamily

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Tile, Wood

Fireplace No

Exterior

Utilities Available Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront No

View Creek/Stream, Neighborhood

Parking Type Carport

Total Parking Spaces 2

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction No

Others

Special Listing Condition Standard

Listed by Star Tex Real Estate

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Sloan Dunlop

Agent | License ID: #817467

+1(512) 431-6418