$1,225,000

516 Terrace Drive, Austin, TX

4

Beds

4

Baths

2,612

Square feet

0.15

Acres

Exceptional, unique, meticulously maintained property in the heart of Travis Heights. One single-family home and one duplex totaling three separate units ,perfectly positioned on a prime corner lot, afford the owner ultimate flexibility in terms of property use. The striking 2/2 single family home situated above the duplex boasts spectacular tree-top views, courtesy of the second and third story decks designed by the lead architect responsible for the Lady Bird Lake Boardwalk. The thoughtful updates to this 1292 SF converted garage apartment include a well-appointed first-floor secondary suite with an oversized, luxurious walk-in shower. The main-level second-floor retains its original charm with beautifully refinished hardwood floors throughout the living room, dining area and the primary suite. Modern touches highlight the updated galley kitchen with Silestone counters, stainless steel appliances and glass shelving. The restored and modernized 1935 1/1 duplex units with gorgeous original hard wood flooring and custom tile work are 660 SF each, per TCAD. Each duplex unit overlooks the Blunn Creek Trail and Little Stacy Park and has a private shaded patio or deck, a generous kitchen with ample storage and a spacious living, bedroom and dining area, the latter of which for both current tenants is being used as ideal work-from-home office space. Two minutes to South Congress and 6 minutes to downtown and Lady Bird Lake, there is no better location to enjoy all that Austin has to offer. All three units currently have leases in place allowing you to collect income while deciding how best to make the property your own. Contact Agent for more details.

Facts & Features

ListingFeed abor_vow
MLS® # 2453011
List Price $1,225,000
Sale Price $1,150,000
Sale Date October 21st, 2022
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 2,612
Acres 0.15
Year Built 1935
Type Residential
Sub-Type Other
Status Closed

Community Information

Address 516 Terrace Drive
Subdivision Blue Bonnet Hills
City Austin
County Travis
State TX
Zip Code 78704

Amenities

Utilities Electricity Available, Natural Gas Available
Features Park, Trails/Paths
Parking Off Street
View Park/Greenbelt, Trees/Woods
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Carpet, Tile, Wood
Appliances Cooktop, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Heating Central
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Stories Multi/Split

Exterior

Exterior Features Balcony, Exterior Steps, Rain Gutters
Lot Description Back Yard, Corner Lot, Front Yard, Gentle Sloping, Xeriscape
Windows Screens
Roof Composition, Metal, Shingle
Construction Cement Siding, Wood Siding
Foundation Pillar/Post/Pier, Slab

School Information

District Austin ISD
Elementary Travis Hts
Middle Lively
High Travis

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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