Austin - South Homes with Split Possible Lot description

Welcome to South Austin, a vibrant and eclectic neighborhood that perfectly captures the essence of Texas charm and urban living. Nestled within Travis County, this dynamic area is known for its rich cultural scene, lush parks, and a diverse community that welcomes everyone with open arms. South Austin is not just a place to live; it’s a lifestyle filled with music, art, and culinary delights that reflect the city’s unique character.

One of the standout features of homes in South Austin is the opportunity for split possible lots. This means that many properties offer the potential for dual living spaces or investment opportunities, making them perfect for families looking to expand or investors seeking to maximize their returns. Imagine having the flexibility to create a secondary dwelling for guests, a rental unit, or even a workspace, all while enjoying the benefits of living in one of Austin's most sought-after neighborhoods.

The homes here range from charming bungalows to modern builds, each with its own personality and flair. With tree-lined streets and a strong sense of community, South Austin is ideal for those who appreciate a balance of urban convenience and suburban tranquility. Residents enjoy easy access to local parks, trendy shops, and some of the best eateries in the city, all while being just a short drive from downtown Austin.

Whether you’re looking for a cozy family home or an investment property with split lot potential, South Austin offers a unique blend of opportunities in a lively, welcoming environment. Come discover your next home in this enchanting corner of Texas!

Newest Austin - South Homes with Split Possible Lot description

$415,000

3 Beds ⋅ 2 Baths ⋅ 7324831 MLS ⋅ 78745 Zip Code

$ 85K below appraisal!. !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 1312 square feet, is in good condition, ensuring a smooth appraisal and financing process. 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 a small part of the over sized garage with workshop. 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. 2-1 buydown starting at 4.35% and free refi offered by lender and other special loan programs.

6407 Cannonleague Dr, Austin

Start Your Search