RARE .43 acre estate property in heart of Central Austin: buy/hold/move-in or redevelop - many options! Potential to subdivide into THREE .14 acres lots or TWO .21 acre lots. Priced for lot value but you could create an estate behind stone walls or build a duplex with each unit up to 3,750 sqft. Back apartments generate $3,200/mo (Unit A $2k, Unit B $1200). Leases end Dec 2019. Main house has home office with separate entrance (could be 6th bedroom). This is a true “buy and hold” opportunity. Zoned SF-3.
From TX-1 Loop South go WEST on Enfield Rd. House will be on the left. Turn LEFT into driveway before you get to Possum Trot.
The approximate monthly Principal & Interest payment for this property would be $9,372. This payment is based on a 30-year loan at a fixed rate of 3.82 % with a down payment of $170,000. Actual lender interest rates and loan programs may vary.
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