Austin - South Homes with Split Possible Lot description

Welcome to South Austin, a vibrant and eclectic neighborhood nestled in the heart of Texas’ capital city. Known for its unique blend of urban sophistication and laid-back charm, South Austin is a haven for those seeking a dynamic lifestyle amidst stunning natural beauty and rich cultural experiences. With its close proximity to downtown Austin, residents enjoy easy access to a myriad of dining, shopping, and entertainment options, all while being surrounded by the lush greenery of parks and trails.

One of the standout features of South Austin is its diverse range of homes, particularly those with split possible lot descriptions. These properties offer an exciting opportunity for homeowners and investors alike. Imagine the potential of owning a home with the flexibility to build an additional dwelling unit or create a separate space for family, guests, or rental income. This innovative housing option perfectly aligns with the growing demand for multi-generational living and investment opportunities in the area.

The homes in South Austin are as varied as its residents, showcasing everything from charming bungalows to modern architectural masterpieces. The neighborhood's artistic spirit is reflected in its colorful murals, local music scene, and community events that foster a sense of belonging. With a strong emphasis on sustainability and outdoor living, South Austin is perfect for those who appreciate an active lifestyle, with nearby parks, lakes, and trails for hiking, biking, and enjoying the great Texas outdoors.

Whether you’re looking to settle down in a community that values creativity and connection or seeking a savvy investment opportunity, South Austin is the ideal place to call home. Discover the possibilities today!

Newest Austin - South Homes with Split Possible Lot description

$465,000

9744517 MLS ⋅ 78745 Zip Code

Unit A is currently being updated with new flooring, counters and back splash. Tenants just moved out. Discover an exceptional investment opportunity in a highly sought-after South Austin locale, where modern updates meet prime positioning. This renovated duplex offers immediate cash flow, presenting a compelling prospect for discerning buyers. Both units feature brand-new flooring and elegant quartz countertops, complemented by contemporary light fixtures and ceiling fans, creating a fresh and inviting atmosphere. The A side boasts meticulously updated bathrooms, while both units benefit from newer AC systems and hot water heaters, ensuring comfort and efficiency. The property also features a roof approximately six years old, providing peace of mind. Situated on a desirable corner lot, the duplex provides ample outdoor space with large backyards for both units, and unit B also has an expansive fenced front yard. This location is a commuter's dream, positioned directly on a popular bike route and a convenient Capital Metro bus route. Enjoy the vibrant neighborhood appeal with renowned eateries like Leroy and Lewis BBQ just a short walk away, offering a truly engaging lifestyle. This property seamlessly blends modern amenities with an unbeatable location, making it a truly unique offering in the Austin market. Instant cash flow!

5700 Cherry Park Unit A/B, Austin

$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

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