$1,225,000
518 Terrace Drive, Austin, TX
2,612
Square feet
0.15
Acres
Exceptional, unique, well-maintained income-producing property in the heart of Travis Heights, on a corner lot across the street from Little Stacy Park and the Blunn Creek Trail, two minutes to South Congress, 6 minutes to downtown and just a stone's throw to Lady Bird Lake and all of the Best of Austin. This stunning property with three separate income-producing units affords the owner ultimate flexibility in terms of property use. 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 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. 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 contains an updated galley kitchen with Silestone counters and conveying stainless steel appliances opening to dining and living space which lead to the primary suite. Each photo indicates the attributable unit. All units are in excellent shape. Property has been pre-inspected and is priced to sell. Contact Agent for more information.
Facts & Features
ListingFeed | abor_vow |
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MLS® # | 6244605 |
List Price | $1,225,000 |
Sale Price | $1,150,000 |
Sale Date | October 21st, 2022 |
Bathrooms | 0.00 |
Square Footage | 2,612 |
Acres | 0.15 |
Year Built | 1935 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Closed |
Community Information
Address | 518 Terrace Drive |
---|---|
Subdivision | Blue Bonnet Hills |
City | Austin |
County | Travis |
State | TX |
Zip Code | 78704 |
Amenities
Utilities | Electricity Available, Natural Gas Available |
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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 |