$1,175,000 Price Analysis    ♡   Austin, TX 78728 8 bed 4 bath 2,500 SqFt ($470/SqFt) 1.14 acre lot. Built 1962 Listed 2024-06-26 | Ⓧ USDA Ineligible due to price & location near Austin |
Situated on the Travis and Williamson county line
This property offers an excellent investment opportunity with four recently renovted structures. Development plans for a 14-unit townhome project are on file, providing the potential for cash flow while approvals are finalized. Unit A features 1300 sq ft with three bedrooms, one bathroom and a one-car garage. Unit B offers 700 sq ft with three bedrooms, two bathrooms and a 150 sq ft shed. Unit C is a 250 sq ft studio with a kitchenette and bathroom, while Unit D is an open studio wi th a loft. With no zoning restrictions and easy access to major roads and services, its perfect for various uses, including Airbnb short-term rentals, wellness retreats or unique primary residences.
Location Overview Located at 15501 FM 1325 in Austin, TX, this property offers the perfect blend of convenience and modern amenities. Just minutes from major highways, it provides easy access to downtown Austin and the bustling tech corridor. Nearby attractions include The Domain and the Arboretum at Great Hills, both offer premier shopping, dining and entertainment options. The proximity to St. David's North Austin Medical Center ensures top-notch healthcare services are within reach. Major company headquarters such as Dell Technologies, Apple Inc. and IBM are a short drive away, driving high demand for residential properties in the area.
Presented by Mitchell Classen at
Classen Realty Group.
Property MLS #3250535 from UnlockMLS
Full Bathrooms: 4
Heating Features: Electric
Other Structures: Shed(s)
Garage Spaces: 1
Parking Features: Open, Outside, Private
Parking Total: 8
Lot Size Square Feet: 49658
Calculated Total Monthly Association Fees: 0
High School: McNeil
Middle School: Deerpark
School District: Round Rock ISD
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 1
Unit-1 Furnished Description: Unfurnished
Unit-2 Furnished Description: Unfurnished
Unit-3 Furnished Description: Unfurnished
Unit-4 Furnished Description: Unfurnished
Source Listing Status: Active
County: Travis
Directions: Take TX Loop 1 N to Shoreline Dr. Take Cadoz Dr to Lymko Dr Merge onto Shoreline Dr 0.6 mi Turn left onto Cadoz Dr Turn left onto Mocha Trail 348 ft Turn left onto Licorice Ln 0.1 mi Turn left onto Lymko Dr 138 ft
Tax Year: 2024
Source Property Type: Residential Income
Area: N
Source Neighborhood: M M Hornsby Surv #76
Parcel Number: 15501 FARM TO MARKET 1325
Subdivision: M M Hornsby Surv #76
Flood Plain: No
Property Subtype: Quadruplex
Source System Name: C2C
$1,175,000
UnlockMLS
Year Built: 1962
Direction Faces: NE
Levels: One
Living Area Source: Public Records
Property Age: 62
Roof: Composition
Year Built Source: Public Records
Cable Available
Electricity Available
Sewer Connected
Water Available
Water Source: Well
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.