Active

507 Allen ST

Austin TX, 78702

$735,000


$656.25 per sqft

Active

3 Beds

2 Baths

1,120 sqft

Residential

Built in 1940

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!

5245447

MLS ID

March 28, 2024

Listed

March 29, 2024

Updated

Map

507 Allen ST
Austin TX, 78702

Interior Features

Total Stories

1


Bedrooms

3 Beds


Bathrooms

2 Baths


Interior Features

No Interior Steps, Primary Bedroom on Main


Appliances

Free-Standing Range, Water Heater-Electric


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Exterior Steps


Lot Features

Back Yard, Front Yard, Interior Lot, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)


Roof

Composition


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Eastside Early College


Elementary School

Brooke

Other Property Details

Area Name

5


Taxes

$6,040


Tax Frequency

Annually


Garage

No


Parking

Driveway, Unpaved


View

No


View Description

None


County

Travis


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

3%

Courtesy of Pure Realty

Listing Contact: (512) 924-1081

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Encore Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 11:36 AM UTC, 3/29/2024

 

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