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Shannon Green

shannon@shannongreenrealtor.com +1(512) 655-9855

$440,000

Est. payment - /mo

3 Beds

2 Baths

1,312 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,312 sqft

Price per Sqft $335

Subdivision Manchaca Estates Amd

MLS Listing ID 7324831

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1972

Annual Tax Amount $9,040

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 60 X 150, +

Property Sub-Type Single Family Residence

Source actris

Property Description

Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1296 square feet, is in good condition, ensuring a smooth appraisal and financing process. Its rental income potential exceeds $2000 per month, making it an attractive asset from day one. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing existing garage space or the area beneath the stairs. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Tile Counters, Pantry, Primary Bedroom on Main, Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate

Fireplace No

Appliance Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Gas Range, RNGHD, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Fence Back Yard, Chain Link

Pool None

Community Features None

Utilities Available Above Ground, Electricity Connected, Natural Gas Connected

Waterfront Description None

View City

Roof Type Composition

Porch None

Total Parking Spaces 4

Private Pool No

Building

Lot Description See Remarks, Back Yard, Few Trees, Front Yard, Interior Lot, Level, Split Possible

Faces West

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Cunningham

Middle Schools Covington

High Schools Crockett

School District Austin Isd

Others

Special Listing Condition Standard

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Listed by Texas Residential Properties

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Shannon Green

+1(512) 655-9855

Agent | License ID: 812855

Agent License ID: 812855

FEATURED AREAS IN AUSTIN

6407 Cannonleague DR Austin, TX 78745

Shannon Green

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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