2503 Lehigh DR, Austin, TX 78723 (MLS # 2680642)

Price $525,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,378 sqft
Lot Size 17,481 sqft
Golden opportunity for investors and visionaries to transform this property into a luxury masterpiece! This potential remodel presents a 5-bedroom, 3-bathroom home offering 2,696 SQFT of living space with a pool, all set on an expansive 0.4-acre lot in a highly desirable location just minutes from Downtown Austin. Built in 2005, this home is packed with potential, boasting solid bones and a massive covered porch"”an ideal space for conversion or enhancement to elevate its value and appeal. The seller is including a comprehensive package of architectural and structural plans for a high-end remodel, complete with meticulously curated designer finishes, offering a seamless path to creating a show-stopping property. With After Repair Values (ARVs) in this sought-after area reaching upwards of $950K, this property promises substantial profit potential and flexibility for creative visionaries. Whether your goal is to expand, modernize, or reimagine the space as a luxury haven, this home provides the canvas to make it happen. Rare opportunities like this, in such a prime location, are hard to come by. Don't miss out"”contact the agent today for access to plans, bids, and the full potential this property has to offer. This is your chance to capitalize on one of Austin's hottest markets and turn a vision into reality!
Property Type(s): Single Family
Last Updated 1/21/2025 Tract University Hills Sec 02 Ph 05
Year Built 2005 Community University Hills Sec 02 Ph 05
Garage Spaces 2.0 County Travis

SCHOOLS

Elementary School Andrews
Jr. High School Webb
High School Lyndon B Johnson (Austin ISD)

Additional Details

APPLIANCES Washer, Wine Cooler
AREA 3
CONSTRUCTION See Remarks
FIREPLACE Yes
GARAGE Yes
HEAT See Remarks
INTERIOR Master Downstairs, See Remarks
LOT 0.4013 acre(s)
LOT DESCRIPTION See Remarks
PARKING See Remarks
POOL DESCRIPTION See Remarks
STORIES 1
SUBDIVISION University Hills Sec 02 Ph 05
TAXES 11202.6
UTILITIES See Remarks
VIEW Yes
VIEW DESCRIPTION See Remarks
WATER See Remarks

Location

 

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Property listed by Darsh Parikh, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 1/28/25 4:42 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2025.

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