507 Allen ST, Austin TX 78702

$ 720,000
507 Allen ST, Austin TX 78702, ,

Overview

  • Property ID
  • 1108403
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,120 ft2
  • 0 ac

Description

Location Location Location….Remarkable investment opportunity. This property is just a 2 minute drive time to downtown Austin. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. Conveniently located nearby Grizzeldas, Justine’s, Cloud Tree Art Studio/Gallery, Central Machine Works, Metro Rail, and just a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans. This charming home offers 3 bedrooms, 2 bathrooms, and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown, or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don’t miss out on this amazing opportunity!

Other Features
Electrical Utility Available
Exterior Steps
Free-Standing Range
No Interior Steps
Primary Bedroom on Main
Water Heater-Electric
Property Id : 1108403
Price: $ 720,000
Property Size: 1,120 ft2
Property Lot Size: 0 ac
Bedrooms: 3
Bathrooms: 2
Syndication Remarks: Location Location Location....Remarkable investment opportunity. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. This property is just a 2 minute drive time to downtown Austin. Conveniently located nearby Grizzeldas, Justine's, Cloud Tree Art Studio/Gallery, Central Machine Works, Metro Rail, and just a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans. This charming home offers 3 bedrooms, 2 bathrooms, and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown, or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don't miss out on this amazing opportunity!
Parking Features: Driveway,Unpaved
Lot Size(acres): 0.1433
Lot Size(sf): 6242.15
Country: US
Last Listing Change: 2024-07-11T03:00:03.073Z
Property Key: 48453|189917|1|75166498
Status Contractual Search Date: 2024-03-28
Listing Key Numeric: 121632705
Est. Taxes: 6040.32
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 16
Last Price Change: 2024-07-11T03:00:03.073Z
State: TX
Last Status Change: 2024-03-28T23:45:48.260Z
Street Name: Allen
Laundry Location: Laundry Closet
Street# Ext.: 507
Street#: 507
Street Suffix: ST
#Dining: 1
#Living: 1
Property Match: APN
$/SF: 642.86
Tax Filled SF Total: 1120
Accessibility Features: Customized Wheelchair Accessible
Full Baths: 2
Half Baths: 0
Total Baths: 2
Community Features: Curbs
Construction Materials: Frame
Cooling: Central Air,Electric
Covered Spaces: 0
Faces: SW
Directions: Take Cesar Chavez East; Left on Tillery; Right on E. 5th St.; Left on Allen; property is on the right
Elem School: Brooke
Elem School District: Austin ISD
Fencing: Chain Link,Partial
#Fireplaces: 0
Flooring: Carpet,Laminate
Foundation Details: Pillar/Post/Pier
Garage Spaces: 0
Heating: Central,Natural Gas
High School: Eastside Early College
High School District: Austin ISD
Levels: One
Listing ID: 5245447
Listing Terms: Cash,Conventional
SF Source: Public Records
Lot Features: Back Yard,Front Yard,Interior Lot,Level,Public Maintained Road,Trees-Medium (20 Ft - 40 Ft)
MLS Area Major: 5
Main Level Beds: 3
Middle School: Martin
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 02021406020000
Patio And Porch Features: None
Pool Features: None
Possession: Close Of Escrow,Funding
Property Condition: Resale
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 6040.32
Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available
View: None
Water Source: Public
Waterfront Features: None
Window Features: None
Year Built: 1940
$ 4,930.71
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,640.71
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Gerald Bodle