COMPS in the area easily put this one at $1M+ in After Repair Value (ARV). PLANS and PERMITS APPROVED!!! Nearly 10 months to get this projects approved by the city of Austin. CONTRACTOR BID: $150K to finish out. Investor has already done light foundation work, demo and framing. Ready for MEP's. Awesome project in the Muller Area. Down to the studs and ready for someone to come in a and take over the project. Home is sitting on nearly half an Acer!!! Close proximity to major highways, restaurants and shopping centers.
Motivated seller! Highly coveted Austin Cherrywood neighborhood! Backs up to creek! Sprawling single story 3bed/2bath mix, 2145 sqft. Interior door joins both sides to be one big home! Amazing location in the Cherrywood / French Place neighborhood with upgrades mixed with all the original character that this iconic neighborhood offers. This property is nested in a quiet location, central to many of the hip and bustling areas that East Austin has to offer. The delightful fenced-in back yard with a covered patio backs up to a running creek! 3 terraces (1 covered) and 1 deck! Updated appliances, counters, lighting. Central air and heating. Tasteful updates throughout. Foundation work in 2021. Wood floors throughout in 2022. Survey, floorplan, elevation certificate provided. The property is leased month-to-month. Minutes away from Downtown, UT, Mueller Lake Park and farmer's market, Alamo Drafthouse and 2 different HEBs! Crown Jewel Patterson park is nearby! Manor Road is nearby!
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