507 Allen ST, Austin, TX 78702 (MLS # 5245447)

Price $735,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,120 sqft
Lot Size 6,243 sqft
Location Location Location....Remarkable investment opportunity. This property is just a 2 minute drive time to downtown Austin. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. Conveniently located nearby Grizzeldas, Justine's, Cloud Tree Art Studio/Gallery, Central Machine Works, Metro Rail, and just a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans. This charming home offers 3 bedrooms, 2 bathrooms, and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown, or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don't miss out on this amazing opportunity!
Property Type(s): Single Family
Last Updated 3/28/2024 Tract Pipkin Add
Year Built 1940 Community Pipkin Add
County Travis

SCHOOLS

Elementary School Brooke
Jr. High School Martin
High School Eastside Early College

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater, Free-Standing Range
AREA 5
BUYER'S BROKERAGE COMPENSATION 3.000
CONSTRUCTION Frame
HEAT Central, Natural Gas
LOT 6242 sq ft
LOT DESCRIPTION Back Yard, Front Yard, Interior Lot, Level
PARKING Driveway, Unpaved
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Pipkin Add
TAXES 6040.32
UTILITIES Electricity Available, Natural Gas Available, Sewer Available, Water Available
VIEW DESCRIPTION None
WATER Public

Location

 

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Property listed by Alice Solis, Pure Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/28/24 7:03 PM PDT. 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 2024.

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