701 W 25th St, Austin, TX 78705
- $1,995,000
- List Price
- $1,995,000
- Status
- ACTIVE
- Days on Market
- 128
- Price Change
- ▼ $200,000 1778659088
- MLS#
- 7897084
- Subtype
- Commercial Sale
- Year Built
- 1979
- Lot Size
- 5,702
- Acres
- 0.13
- Subdivision
- Watson
- Neighborhood
- Watson
- Building Name
- The Chimneys
- MLS Area Major
- Austin - Central
Property Description
Prime West Campus Location: Situated in one of the highest-demand rental markets in the nation, with consistent tenant demand driven by proximity to the University of Texas and strong area fundamentals. Uno Overlay: The property benefits from UNO (University Neighborhood Overlay) regulations, offering flexibility in development and use within the overlay guidelines. CapEx Potential: Capital improvements can be made to enhance existing units or add new units, increasing income and overall property value. Commercial Zoning: Zoning allows for commercial use, providing additional redevelopment or income-generating opportunities beyond residential leasing.
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Additional Information
- Taxes
- $33,294
- Zoning
- GO-NP University Neighb
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Frame, Stone
- Stories
- 2
- View
- No View
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Listing courtesy of Respace LLC. Contact: (512) 472-0048
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