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3306 Larry LN Austin, TX 78722
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $383
Subdivision Mcquown A N
MLS Listing ID 3755829
Year Built 1951
Annual Tax Amount $7,347
Tax Year 2021
Lot Size 0.346 Acres
Property Description
UNBELIEVABLE OPPORTUNITY FOR DEVELOPMENT OR REMODEL ON HUGE LOT W ANOTHER LOT BEHIND IT THAT CONVEYS! GORGEOUS .34 AC IN TOTAL ZONED SF3 IN FANTASTIC EAST SIDE HIP NEIGHBORHD IN WALKING DISTANCE TO UT LAW SCHOOL! 3 HOUSES W RENT@ $3940 MO WHICH IS WAY UNDER MARKET FOR EA HOUSE B/C OF AWESOME LONG TERM TENANTS! ALWAYS RENTED BC OF AREA! PLUS THE EXTRA LOT IN THE BACK (SEE SURVEY)! 3/2 W SUNROOM W ORIGINAL HARDWOODS, REMODELED BATHROOMS W SUBWAY TILE & BUILT IN SHELVING+ A 1/1 THAT IS SUPER CUTE W ITS OWN PRIVATE COURTYARD+ A GREAT LITTLE EFFICIENCY IN BACK! PROPERTY HAS 2 DRIVEWAYS+ EXTRA LOT BEHIND THE PROPERTY (UNFENCED) CONVEY W/ SALE!! POSSIBILITIES ARE LIMITLESS W A HOUSE & LOT THIS SIZE! YOU CAN LIVE IN 1 PART & RENT OUT THE REST OR REBUILD FAB MODERN STRUCTURE W/ ALL THE ROOM YOU WANT! WOOD FLOORS+ CHARACTER+ LOCATION. WALK TO HOOVERS, EAST SIDE CAFE, SUGAR MAMAS & ALL THE TREASURES THAT FRENCH PLACE & CHERRYWOOD HAVE TO OFFER! SERIOUSLY CHECK THE COMPS ON REDEVELOPMENT FOR A LOT THIS SIZE! BUILD A BIG HOUSE IN THE FRONT AND AN ADU IN THE BACK OR DUPLEX IT OR REMODEL AND USE THE BACK LOT FOR A PRIVATE OASIS POOL & POOLHOUSE! CK COMPS AT 2106 EM FRANKLIN FOR LARGER SOLD POTENTIAL OR 2102 E 21ST FOR SMALLER POTENTIAL & THAT WAS ONLY ON .05 AC. THE POTENTIAL ON .34 ACRE IS A RARE OPPORTUNITY ESPECIALLY IN A NEIGHBORHOOD AS AMAZING AS THIS! THE PEOPLE IN THE NEIGHBORHOOD ARE TRULY A TREASURE & THE CULTURE THAT IT HAS IS UNMATCHED ANYWHERE. THIS IS TRULY THE JEWEL AREA OF THE EAST SIDE! THERE ARE AN AMAZING SET OF TENANTS THAT ARE EITHER MO TO MO OR HAVE A FEW MONTHS REMAINING ON THEIR LEASE THROUGH 6/22/22 PAYING $3940. THEY WOULD BE HAPPY TO STAY AND GENERATE REVENUE WHILE PERMITS AND PLANS ARE GATHERED TO MAKE IT THE PERFECT HOME FOR YOU BUT THAT IS OPEN FOR DISCUSSION. LOADS OF POTENTIAL & CHARACTER! RECENT ROOF & OTHER UPDATES COSMETICALLY! TEXT ALL 3 TENANTS PLEASE THEN GO. UNIT C IS A "GO" FRIDAY 12-5.
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Number 1
Fireplaces Type Family Room
Exterior
Exterior Feature Private Yard
Fence Partial
Pool None
Community Features Dog Park, Park, Pet Amenities, Walk/Bike/Hike/Jog Trail(s
Utilities Available Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Waterfront Description None
View Trees/Woods, See Remarks
Roof Type Composition, Metal
Building
Lot Description Back Yard, Irregular Lot, Open Lot, Private, Trees-Medium (20 Ft - 40 Ft)
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction No
Schools
Elementary Schools Maplewood
Middle Schools Kealing
High Schools Mccallum
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
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Bought with eXp Realty, LLC