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1142 Mansell Ave, Austin TX 78721,Austin,Travis,Residential Income

$ 450,000
1142 Mansell Ave, Austin TX 78721, ,
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Overview

  • Property ID
  • 1757227
  • 1,712 ft2
  • 0 ac

Description

Investor’s Dream in East Austin: Prime Corner Lot with Huge Potential

Situated in the vibrant and rapidly developing East Austin, this duplex offers a unique investment opportunity. While the property requires complete renovation and not all appliances are present, the potential here is unmatched. This corner lot, with dual access from Mansell and Delores, enhances the property’s accessibility and development options. Located just 3.5 miles from the Texas Capitol and approximately 3 miles from Houston-Tillotson University and the iconic Franklin BBQ, the location is ideal for those looking to be close to Austin’s landmarks.

One of the most appealing aspects for investors is the possibility to build a third unit on the lot, maximizing the return on investment (buyer to verify with City of Austin). Furthermore, this property represents the final house in the area awaiting renovation, surrounded by updated and newly built properties, marking a milestone in the neighborhood’s gentrification process. This property is not just an opportunity for renovation but a chance to be part of East Austin’s ongoing transformation.

Features

Other Features
Electrical Utility Available
No Exterior Steps
No Interior Steps
None
Open Floorplan

Details

Property Id : 1757227
Price: $ 450,000
Property Size: 1,712 ft2
Property Lot Size: 0 ac
Syndication Remarks: Investor's Dream in East Austin: Prime Corner Lot with Huge Potential Situated in the vibrant and rapidly developing East Austin, this duplex offers a unique investment opportunity. While the property requires complete renovation and not all appliances are present, the potential here is unmatched. This corner lot, with dual access from Mansell and Delores, enhances the property's accessibility and development options. Located just 3.5 miles from the Texas Capitol and approximately 3 miles from Houston-Tillotson University and the iconic Franklin BBQ, the location is ideal for those looking to be close to Austin's landmarks. One of the most appealing aspects for investors is the possibility to build a third unit on the lot, maximizing the return on investment (buyer to verify with City of Austin). Furthermore, this property represents the final house in the area awaiting renovation, surrounded by updated and newly built properties, marking a milestone in the neighborhood's gentrification process. This property is not just an opportunity for renovation but a chance to be part of East Austin's ongoing transformation.
Parking Features: Off Street,Parking Pad
Lot Size(acres): 0.1906
Lot Size(sf): 8302.54
Country: US
Last Listing Change: 2024-07-23T13:59:05.413Z
Property Key: 48453|199121|1|62758473
Status Contractual Search Date: 2024-07-23
Listing Key Numeric: 123470667
Est. Taxes: 9513
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 20
State: TX
Last Status Change: 2024-07-23T13:57:32.167Z
Street Name: Mansell
Laundry Location: In Hall
Street# Ext.: 1142
Street#: 1142
Street Suffix: Ave
Property Match: APN
$/SF: 262.85
Tax Filled SF Total: 1730
Unit Mix: 3/1
Unit Room Type: Great Room
Accessibility Features: None
Community Features: High Speed Internet
Construction Materials: Frame,Stone Veneer
Cooling: None
Covered Spaces: 0
Faces: SE
Directions: To get to 1142 Mansell in Austin from I-35, start by heading south on I-35 if you're coming from the north, or head north if you're coming from the south. Take Exit 234A and merge onto the frontage road. Turn left onto E 11th Street and continue for about 1 mile. Then, turn right onto Navasota Street and drive for about 0.2 miles. Next, turn left onto Rosewood Avenue and continue for approximately 0.5 miles. Turn right onto Angelina Street and drive for about 0.3 miles. Finally, turn left onto Mansell Avenue, and 1142 Mansell will be on your right.
Elem School: Norman-Sims
Elem School District: Austin ISD
Fencing: Partial,Privacy,Wood
#Fireplaces: 0
Flooring: Carpet,Tile
Foundation Details: Slab
Garage Spaces: 0
Heating: None
High School: Northeast Early College
High School District: Austin ISD
Levels: One
Listing ID: 5414374
Listing Terms: Cash
SF Source: Public Records
Lot Features: Corner Lot
MLS Area Major: 5
Middle School: Martin
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 02091904040000
Patio And Porch Features: Front Porch
Pets Allowed: Cats OK,Dogs OK,No Weight Limit,No Breed restrictions
Property Condition: See Remarks
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 7622.54
Utilities: Above Ground,Electricity Available,Natural Gas Available,Sewer Connected,Water Available
View: None
Water Source: Public
Waterfront Features: None
Window Features: See Remarks
Year Built: 1985

Calculator

$ 3,081.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,275.44

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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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1142 Mansell Ave, Austin TX 78721,Austin,Travis,Residential Income

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Gerald Bodle, MBA