Overview
- Property ID
- 2996241
- 5 Bedrooms
- 4 Bathrooms
- 2,510 ft2
- 0 ac
Description
Unique covered land opportunity in the heart of central Austin. Ideal for builders looking for small MF development and recent zoning changes should allow three-unit residential on the property (SF-3 zoning). Current architectural plans for single-family home plus ADU convey with the sale. Two leases have been secured for a projected $45,516 in NOI ($4,800 per month) and offer income while plans are being processed (6.51% cap rate). Home is being marketed as a tear down.
Outdoor Details
Garage Attached
Other Features
Ceiling Fan(s)
Cooktop
Dishwasher
Disposal
Dryer
Electric Dryer Hookup
Electric Oven
Electric Water Heater
Electrical Utility Available
Gas Range
Kitchen Island
Open Floorplan
Oven
Refrigerator
Restricted Access
Storage
Study/Home Office
Washer
Washer Hookup
Property Id : 2996241
Price: $ 699,000
Property Size: 2,510 ft2
Property Lot Size: 0 ac
Bedrooms: 5
Bathrooms: 4
Parking Features: Attached, Covered, Private, Reserved
Lot Dimensions: 60 x 194
Lot Size(acres): 0.26
Lot Size(sf): 11325.6
Country: US
Property Key: 48453|226374|1|9750363
Status Contractual Search Date: 2026-07-31
Listing Key Numeric: 240987802
Est. Taxes: 12083.92
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 16
State: TX
Street Name: Woodrow
Laundry Location: In Carport
Street# Ext.: 5210
Street#: 5210
Street Suffix: Ave
#Dining: 2
#Living: 2
#Other Level Beds: 5
Property Match: APN
$/SF: 278.49
Tax Filled SF Total: 1344
Unit Style: 1st Floor Entry
Accessibility Features: None
Full Baths: 4
Half Baths: 0
Total Baths: 4
Community Features: None
Construction Materials: Wood Siding
Cooling: Ceiling Fan(s), Central Air
Covered Spaces: 0
Faces: West
Directions: Heading north on Burnet, take a right on Woodrow Ave and the property is on your left just past North Street.
Elem School: Brentwood
Elem School District: Austin ISD
Fencing: Back Yard, Fenced, Gate
#Fireplaces: 0
Flooring: Tile, Wood
Foundation Details: Slab
Garage Spaces: 0
Heating: Central
High School: Austin
High School District: Austin ISD
Levels: Two
Listing ID: 8591338
Listing Terms: Cash, Contract, Conventional, USDA Loan, VA Loan
SF Source: Owner
Lot Features: City Lot
MLS Area Major: 5
Main Level Beds: 0
Middle School: Lamar (Austin ISD)
Middle School District: Austin ISD
Status: Active
Other Structures: Storage
Parcel#: 0226040354
Patio And Porch Features: Front Porch
Pool Features: None
Possession: Subject To Tenant Rights
Property Condition: Tear Down
Roof: Tar/Gravel
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Utilities: Cable Available, Electricity Connected, Internet-Fiber, Phone Available, Sewer Connected, Water Connected
View: City
Water Source: Public
Waterfront Features: None
Window Features: Blinds
Year Built: 1963
$ 4,786.90
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,534.52
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