Austin - South Homes with Split Possible Lot description

Welcome to South Austin, a vibrant and eclectic neighborhood that perfectly embodies the spirit of Texas living. Nestled in Travis County, this area is renowned for its unique blend of urban sophistication and laid-back charm, making it one of the most sought-after locations in the Lone Star State.

South Austin is celebrated for its rich cultural scene, featuring an array of local eateries, live music venues, and quirky shops that reflect the city's artistic flair. Whether you're strolling through the picturesque streets of South Congress Avenue or enjoying a leisurely afternoon at one of the many parks, the energy of this community is palpable. With its proximity to downtown Austin, residents enjoy easy access to the bustling city life while still being able to retreat to a more relaxed suburban atmosphere.

For those seeking a home with potential, South Austin offers an exciting opportunity with homes featuring split possible lots. This unique property configuration not only provides ample space for your dream home but also allows for the possibility of developing additional units or creating a spacious backyard oasis. Imagine the possibilities—whether you want to build a guest house, create a rental opportunity, or simply enjoy the luxury of extra space, the potential is limitless.

With a strong sense of community, excellent schools, and a plethora of recreational activities, South Austin is more than just a place to live—it's a lifestyle. Embrace the charm, culture, and opportunities that await you in this remarkable region of Austin. Discover your perfect home today!

Newest Austin - South Homes with Split Possible Lot description

$465,000

9744517 MLS ⋅ 78745 Zip Code

Unit A is currently being updated with new flooring, counters and back splash. Tenants just moved out. Discover an exceptional investment opportunity in a highly sought-after South Austin locale, where modern updates meet prime positioning. This renovated duplex offers immediate cash flow, presenting a compelling prospect for discerning buyers. Both units feature brand-new flooring and elegant quartz countertops, complemented by contemporary light fixtures and ceiling fans, creating a fresh and inviting atmosphere. The A side boasts meticulously updated bathrooms, while both units benefit from newer AC systems and hot water heaters, ensuring comfort and efficiency. The property also features a roof approximately six years old, providing peace of mind. Situated on a desirable corner lot, the duplex provides ample outdoor space with large backyards for both units, and unit B also has an expansive fenced front yard. This location is a commuter's dream, positioned directly on a popular bike route and a convenient Capital Metro bus route. Enjoy the vibrant neighborhood appeal with renowned eateries like Leroy and Lewis BBQ just a short walk away, offering a truly engaging lifestyle. This property seamlessly blends modern amenities with an unbeatable location, making it a truly unique offering in the Austin market. Instant cash flow!

5700 Cherry Park Unit A/B, Austin

$415,000

3 Beds ⋅ 2 Baths ⋅ 7324831 MLS ⋅ 78745 Zip Code

$ 85K below appraisal!. !Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1312 square feet, is in good condition, ensuring a smooth appraisal and financing process. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing a small part of the over sized garage with workshop. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience. 2-1 buydown starting at 4.35% and free refi offered by lender and other special loan programs.

6407 Cannonleague Dr, Austin

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