5210 Woodrow Ave, Austin, TX 78756

$699,000
2
BD
4
BA
2,510
SqFt

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List Price
$699,000
Status
ACTIVE
Days on Market
1
MLS#
8591338
Subtype
Residential
Year Built
1963
Bedrooms
2
Bathrooms
4
Full Baths
4
Living Area
2,510
Lot Size
11,325
Acres
0.26
Subdivision
Broadacres
Neighborhood
Broadacres
MLS Area Major
Austin - Central

Property Description

Unique covered land opportunity in the heart of central Austin. Ideal for builders looking for small MF development and recent zoning changes should allow three-unit residential on the property (SF-3 zoning). Current architectural plans for single-family home plus ADU convey with the sale. Two leases have been secured for a projected $45,516 in NOI ($4,800 per month) and offer income while plans are being processed (6.51% cap rate). Home is being marketed as a tear down.

Additional Information

Amenities
Ceiling Fan(s), Kitchen Island, Open Floorplan, Storage, Study/Home Office
Interior Features
Ceiling Fan(s), Kitchen Island, Open Floorplan, Storage, Study/Home Office
Exterior Features
Restricted Access
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Oven, Electric Oven, Refrigerator, Washer, Electric Water Heater
Heating
Central
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Wood Siding
Stories
2
Levels
Two
Roof
Tar/Gravel
School District
Austin ISD
Elementary School
Brentwood
Middle School
Lamar (Austin ISD)
High School
Austin
View
City

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Calculator source: Real Geeks

Listing courtesy of John P. Cummings Jr.. Contact: (512) 656-8030

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