$500,000 $2,684 est/mo Sourced by Back At You

7503 Carriage Dr,Austin, TX 78752

Austin TX, 78752

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Description

Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area of dwellings of 2500 sq ft support an average sales price of $429 per square foot projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.

Details

MLS#5655125
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site80
Listing Provided ByHaven Path Realty LLC | James DeLoney
Buying Commision2.50

Features

ZoningSF3 NP Family Residence
Acreage0.31
Property ViewNone

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of July 14, 2024 at 8:29:55 AM PDT 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.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78752
Area2
Community NameHoliday Hills Sec 01
School DistrictNavarro Early College
Elementary SchoolBrown
Middle SchoolWebb
High SchoolNavarro Early College
Listing VS Median (in Holiday Hills Sec 01)
Price:
$500,000
low | high
Med:
$574,950
35.01% of Average
On Site:
80
low | high
Med:
62.000000
100% of Average
Sourced by Back At You
Listing Updated: May 23, 2024 at 1:59:53 PM PDT