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2909 E 5th ST,  Austin TX, 78702

(Active)
$700,000
|
2 beds, 1 Full baths, 884 sqft
|
MLS# 1495131
Last Updated: 5/17/2024 3:59 AM
Description for 2909 E 5th ST Austin, TX 78702
Investor's Dream! This fantastic property comes with a lucrative bonus - it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment opportunity!
Price
$700,000
Hartwell Add
Travis
2
1 Full
884 (approx)
1495131
Active
Description
Investor's Dream! This fantastic property comes with a lucrative bonus - it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment opportunity!
Listing Information
Property Type: Single Family, 1 Story
2 1 Full
0.16 Acres 884 (approx) 1945
1
Hartwell Add
Pillar/Post/Pier
Public
Public Sewer
Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Neighborhood
School Information
Brooke Martin Eastside Early College
Room Information
Bathrooms
1
2
Main Level
Interior Features
Gas Range
Tile, Laminate, Wood
Central Air
Other, Central
See Remarks
Exterior / Lot Features
2 Parking Spaces, Driveway
Covered, Front Porch, See Remarks
Shingle
None
City
Back Yard, Few Trees, Front Yard, Level, Split Possible
Driving Directions
Going east on E 7th St toward Onion St. Turn right onto N Pleasant Valley Rd. Turn left onto E 5th St. 2909 E 5th St, Austin, TX 78702-4816, 2909 E 5TH ST is on the right.
Financial Considerations
02021207040000
$11,428
Cash, Conventional
Listing Price History

Austin Real Estate

Austin is located in Texas. Austin, Texas 78702 has a population of 986,248.

The median household income in Austin, Texas 78702 is $80,195. The median household income for the surrounding county is $83,177 compared to the national median of $66,222. The median age of people living in Austin 78702 is 36 years.

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Courtesy: Keller Williams - Lake Travis, (512) 296-4714
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/17/2024 3:59 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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