$700,000
●
House -
For Sale
2909 E 5th ST
Austin, TX 78702
2 Beds
1 Bath
884 Sqft
$4,390
Estimated Monthly
$0
HOA / Fees
2.78%
Cap Rate
About This Property
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!
Unit Size
884Ft²
Days on Market
227 days
Land Size
0.16 acres
Price per sqft
$792
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
1945
Listed By
Last updated: 3 months ago (Unlock MLS #ACT1495131)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2023 | Listed by Keller Williams - Lake Travis | $700,000 | |
| Listed by Keller Williams - Lake Travis | |||
|
|||
|
Investor's Dream! This fantastic property comes with a lucrative
bonus a 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…
|
|||
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
| Aug 13, 2022 | Listed by Keller Williams - Austin NW | $774,900 | |
| Listed by Keller Williams - Austin NW | |||
|
|||
|
Two lots ONLY will be sold together as a Double Lot. (With 2907 E.
5th St. Next Door) 0.31 acres and zoned for SF-3 in the highly
desired East Austin area! Residential or Commercial Development
Potential!! Single lot is .1558 acres. Less than 3 miles to
Downtown Austin and located in front of the Metro Rail station.
Easy access to I-35, HEB, local breweries, shops, restaurants, and
more!
The manager has listed the unit size as 884 square feet.
|
|||
Property Highlights
Air Conditioning
With View
Parking Details
Total Number of Parking: 2
Parking Features: Driveway
Interior Details
Bathroom Information
Full Bathrooms: 1
Interior Information
Interior Features: Primary Bedroom on Main, See Remarks
Appliances: Gas Range
Flooring Type: Laminate, Tile, Wood
Cooling: Central Air
Heating: Central
Living Area: 884
Room 1
Level: Main
Type: Primary Bedroom
Features: See Remarks
Room 2
Level: Main
Type: Primary Bathroom
Features: See Remarks
Room 3
Level: Main
Type: Kitchen
Features: See Remarks
Exterior Details
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Green Energy Efficient
Property Condition: Resale
Year Built: 1945
Year Built Source: Public Records
View Desription: City, See Remarks
Fencing: Fenced
Building Information
Levels: One
Construction Materials: Masonry – Partial
Foundation: Pillar/Post/Pier
Roof: Shingle
Exterior Information
Exterior Features: See Remarks
Pool Information
Pool Features: None
Lot Information
Lot Features: Back Yard, Few Trees, Front Yard, Level, Split Possible, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 0.1558
Lot Size Square Feet: 6786.65
Land Information
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $11,428
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location Details
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.
Community Features: None
Other Details
Selling Agency Compensation: 3
Building Info
Overview
Building
Neighborhood
Geography
2909 E 5th ST
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,212 ft²
$678,000
Apr 29, 2019
$611,000 - $745,000
Jun 18, 2019
$1,701/mo
Condo
2
Beds
2
Baths
1,419 ft²
$595,000
Apr 23, 2019
$536,000 - $654,000
Feb 28, 2020
$1,629/mo
Townhouse
3
Beds
4
Baths
2,161 ft²
$660,000
Oct 30, 2018
$594,000 - $726,000
Mar 29, 2019
$699/mo
Townhouse
3
Beds
3
Baths
2,314 ft²
$675,900
Oct 30, 2018
$608,000 - $742,000
Feb 28, 2019
$699/mo
Active
Condo
3
Beds
2
Baths
1,520 ft²
$552/ft²
$839,000
Dec 26, 2023
-
$929/mo
About Govalle-Johnston Terrace
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Listed by: Melissa Mandry
Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2024-02-01 00:56:20
Data Source: Unlock MLS, MLS# ACT1495131
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2024-02-01 00:56:20
Data Source: Unlock MLS, MLS# ACT1495131
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-01-25 08:52:03 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
