307 Swanee DR, Austin TX 78752

$ 1,300,000
307 Swanee DR, Austin TX 78752, ,

Overview

  • Property ID
  • 1395602
  • 0 ac

Description

Significant investment potential awaits this 6,294 sf lot (per tax records) at the end of Swanee Drive at Upper Waller Creek in the heart of Austin, Texas. As times are changing, so are building restrictions. While already a Multifamily designation, restrictions have loosened on height restrictions (up to 90 ft), number of dwellings allowed on a single lot, lot size if subdivided, building materials and minimal setbacks as well. All new regulations can be confirmed with the City of Austin planning department. The building/zoning changes are part of the ETOD Overlay Subject Tract, due to Light Line, Code Amendment and rezoning case #C20-2023-004. The home would be an excellent rental property for the investor who’s not quite ready to build. Located near the busy Guadalupe/Airport intersection just SE of North Lamar, convenient to public transportation, shopping, dining, parks, schools and more. Within approximately 1 mile of IH 35 as well Hwy 183, and approximately 3 miles from Mopac! Downtown Austin can be seen to the South! This gorgeous lot would be ideal for multi-story or multi-dwelling construction. “As is” this 1960’s bungalow is a pristine 3 bedroom, 2 and a half bathroom home with unique updates along with the original hardwood floors and more. The home includes a private back patio, a storage shed, a large carport and beautiful landscaping from fence to fence. Mature trees and plants occupy the property and the natural privacy along Waller Creek is some of the last of its kind in Central Austin.

Other Features
Electrical Utility Available
Property Id : 1395602
Price: $ 1,300,000
Property Lot Size: 0 ac
Syndication Remarks: Significant investment potential awaits this 6,294 sf lot (per tax records) at the end of Swanee Drive at Upper Waller Creek in the heart of Austin, Texas. As times are changing, so are building restrictions. While already a Multifamily designation, restrictions have loosened on height restrictions (up to 90 ft), number of dwellings allowed on a single lot, lot size if subdivided, building materials and minimal setbacks as well. All new regulations can be confirmed with the City of Austin planning department. The building/zoning changes are part of the ETOD Overlay Subject Tract, due to Light Line, Code Amendment and rezoning case #C20-2023-004. The home would be an excellent rental property for the investor who’s not quite ready to build. Located near the busy Guadalupe/Airport intersection just SE of North Lamar, convenient to public transportation, shopping, dining, parks, schools and more. Within approximately 1 mile of IH 35 as well Hwy 183, and approximately 3 miles from Mopac! Downtown Austin can be seen to the South! This gorgeous lot would be ideal for multi-story or multi-dwelling construction. "As is" this 1960's bungalow is a pristine 3 bedroom, 2 and a half bathroom home with unique updates along with the original hardwood floors and more. The home includes a private back patio, a storage shed, a large carport and beautiful landscaping from fence to fence. Mature trees and plants occupy the property and the natural privacy along Waller Creek is some of the last of its kind in Central Austin.
Parking Features: Carport
Lot Size(acres): 0.1445
Lot Size(sf): 6294.42
Est. Taxes: 7206
FEMA Flood Plain: See Remarks
Property Match: APN
$/Building Area: 1354.17
Accessibility Features: None
Building Area Total (sf): 960
Building Features: Appliances,Living Area/Building,Stackable Washer/Dryer,Storage
Construction Materials: HardiPlank Type
Cooling: Central Air,Electric
Current Use: Residential
Directions: From IH 35 Exit Airport Blvd and head West to Right on Guadalupe and Right on Swanee Drive
Flooring: Tile,Wood
Foundation Details: Pillar/Post/Pier
Heating: Central,Natural Gas
Listing ID: 2536050
Acceptable Financing: Cash,Conventional
MLS Area: 2
Status: Active
#Buildings: 1
Other Structures: Storage
Parcel#: 02311103110000
Possession: Funding,Negotiable
Property Condition: Tear Down
Road Surface Type: PVD
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 7206.39
Topography: Level
Utilities: Electricity Connected,Internet-Cable,Natural Gas Connected,Sewer Connected,Water Connected
View: Creek/Stream,Neighborhood
Water Source: Public
Year Built: 1963
$ 8,902.67
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,573.51
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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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Gerald Bodle, MBA