$1,049,000
1005 W Martin Luther King Jr Boulevard, Austin, TX
2,628
Square feet
0.26
Acres
Fantastic duplex house located in the highly sought-after Judges Hill area right next to West Campus. This property features two units with spacious layouts and a shared, large open backyard. With a bit of TLC, rents can be doubled. Remodeling the 6/3 unit A can yield you $7,800 to $8K per month rent and remodeling unit B can yield you $3,900 to $4K rent. The lot is very large 11,167 sq feet, with 80 feet of frontage. the new SF3 zoned regulations allow for the lot to be subdivided into three 3,722 sq feet lots so the land value and redevelopment potential here is huge. Also, MLK is likely to be rezoned to TOD ( transit-oriented district) which would further expand the redevelopment potential. This is a tremendous covered land play.
Facts & Features
| ListingFeed | abor |
|---|---|
| MLS® # | 2184974 |
| Price | $1,049,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,628 |
| Acres | 0.26 |
| Year Built | 1967 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active Under Contract |
Community Information
| Address | 1005 W Martin Luther King Jr Boulevard |
|---|---|
| Subdivision | Vance Park |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78701 |
Amenities
| Utilities | Electricity Available, See Remarks |
|---|---|
| Features | None |
| Parking | Off Street |
| View | City |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Tile, Wood |
|---|---|
| Appliances | Cooktop, Dryer, Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven |
| Heating | Central |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Exterior Steps |
|---|---|
| Lot Description | See Remarks, Trees Small Size |
| Roof | Composition, Shingle |
| Construction | Brick, Frame, Masonry |
| Foundation | Slab |
School Information
| District | Austin ISD |
|---|---|
| Elementary | Bryker Woods |
| Middle | O Henry |
| High | Austin |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Contact Details | (512) 762-8669 |