1005 W Martin Luther King Jr Boulevard
Austin, TX 78701
2628 sqft | 0.26 acres | #2184974
Description
Fantastic duplex house located in the highly sought-after Judges Hill area right next to West Campus. This property features two units with spacious layouts and a shared, large open backyard. With a bit of TLC, rents can be doubled. Remodeling the 6/3 unit A can yield you $7,800 to $8K per month rent and remodeling unit B can yield you $3,900 to $4K rent.
The lot is very large 11,167 sq feet, with 80 feet of frontage. the new SF3 zoned regulations allow for the lot to be subdivided into three 3,722 sq feet lots so the land value and redevelopment potential here is huge. Also, MLK is likely to be rezoned to TOD ( transit-oriented district) which would further expand the redevelopment potential. This is a tremendous covered land play.
Property Details
- Days on Market (Cumulative)24
Location
Legal
Based on information submitted to the MLS GRID as of 2024-09-03 00:00:00 UTC. 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.
The 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. Based on information from the Austin Board of REALTORS®. 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.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Tony Lazarov (#0459968), Phone: (512) 762-8669
Listing Office: Resavvy LLC (#701116)
Listing Courtesy (Buyer)
Buyer's Agent: Tony Lazarov (#0459968)
