2909 E 5th ST, Austin TX 78702

$ 625,000
2909 E 5th ST, Austin TX 78702, ,

Overview

  • Property ID
  • 125118
  • 2 Bedrooms
  • 1 Bathrooms
  • 884 ft2
  • 0 ac

Description

Tear Down or Investor’s Dream! This fantastic property comes with a lucrative bonus – it’s currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you’re looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don’t last long. As the buyer, you’ll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don’t miss your chance to seize this incredible investment opportunity!

Other Features
Electrical Utility Available
Gas Range
Primary Bedroom on Main
See Remarks
Property Id : 125118
Price: $ 625,000
Property Size: 884 ft2
Property Lot Size: 0 ac
Bedrooms: 2
Bathrooms: 1
Syndication Remarks: Tear Down or Investor's Dream! This fantastic property comes with a lucrative bonus – it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment opportunity!
Parking Features: Driveway
Lot Size(acres): 0.1558
Lot Size(sf): 6786.65
Country: US
Last Listing Change: 2024-09-07T14:30:34.447Z
Property Key: 48453|189860|1|63423786
Status Contractual Search Date: 2023-09-15
Listing Key Numeric: 119355558
Est. Taxes: 7971
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 9
Last Price Change: 2024-07-03T15:31:03.913Z
State: TX
Last Status Change: 2023-09-15T20:02:23.717Z
Street Dir Prefix: E
Street Name: 5th
Laundry Location: Main Level
Street# Ext.: 2909
Street#: 2909
Street Suffix: ST
#Dining: 0
#Living: 1
Property Match: APN
$/SF: 707.01
Tax Filled SF Total: 884
Accessibility Features: None
Additional Parcels YN: 1
Full Baths: 1
Half Baths: 0
Total Baths: 1
Community Features: None
Construction Materials: Masonry – Partial
Cooling: Central Air
Covered Spaces: 0
Faces: North
Directions: Going east on E 7th St toward Onion St. Turn right onto N Pleasant Valley Rd. Turn left onto E 5th St. 2909 E 5th St, Austin, TX 78702-4816, 2909 E 5TH ST is on the right.
Elem School: Brooke
Elem School District: Austin ISD
Fencing: Fenced
#Fireplaces: 0
Flooring: Laminate,Tile,Wood
Foundation Details: Pillar/Post/Pier
Garage Spaces: 0
Heating: Central
High School: Eastside Early College
High School District: Austin ISD
Levels: One
Listing ID: 1495131
Listing Terms: Cash,Conventional
SF Source: Public Records
Lot Features: Back Yard,Few Trees,Front Yard,Level,Split Possible,Trees-Medium (20 Ft - 40 Ft)
MLS Area Major: 5
Main Level Beds: 2
Middle School: Martin
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 02021207040000
Patio And Porch Features: Covered,Front Porch,See Remarks
Pool Features: None
Possession: Subject To Tenant Rights
Property Condition: Tear Down
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 11427.76
Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
View: City,See Remarks
Water Source: Public
Waterfront Features: None
Window Features: See Remarks
Year Built: 1945
$ 4,280.13
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,160.34
Thu 19 Sep
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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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