300 Irma DR Active

Austin,TX 78752

$ 499900

0 Bed

0 Bath

1280 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $390

Subdivision Sherry Dale

MLS Listing ID 5502862

Year Built 1958

Annual Tax Amount $7,310

Tax Year 2024

Lot Size 7,618 Sqft

Property Description

A prime real estate opportunity for redevelopment or land banking with some income. Favorable Austin redevelopment rules allow for 3 residences on this lot. 300 Irma is nestled in the vibrant heart of Austin, Texas. This unique property, currently structured as a duplex, offers an exceptional chance for developers and investors to tap into the city's flourishing housing market, with its true value lying in its potential for land development. Situated in a highly sought-after area of Austin, near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and other popular restaurants and shopping destinations, it's an ideal site for residential projects. The recent introduction of the HOME amendment by the City of Austin allows for the potential to build up to three residences on this lot, further enhancing its appeal. Don't miss out on this exceptional opportunity to own and develop in one of Austin's most desirable neighborhoods, a rare find in Austin's competitive real estate market, offering a lucrative opportunity for those looking to invest in a growing area. Call for details regarding our Byrne Buyers Guarantee. Register now! Buyer to verify all MLS information.

Location

State TX

County Travis

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s),Wall/Window Unit(s)

Flooring Carpet,Tile,Vinyl

Exterior

Exterior Feature None

Fence None

Community Features Covered Parking

Utilities Available Electricity Available,Natural Gas Available

Waterfront Description None

View None

Roof Type Asphalt

Building

Lot Description Corner Lot

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Masonry – Partial

New Construction No

Schools

Elementary Schools Reilly

Middle Schools Lamar (Austin Isd)

High Schools Mccallum

School District Austin Isd

Others

Acceptable Financing Conventional,VA Loan

Listing Terms Conventional,VA Loan

Special Listing Condition Standard

Pets Allowed Cats OK,Dogs OK

View More
Favorite Go Tour