Under contract
Active Under Contract
1005 W Martin Luther King Jr BLVD
Austin TX, 78701
$1,049,000
$399.16 per sqft
Under contract
Active Under Contract
2,628 sqft
Multi-family
Built in 1967
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.
2184974
MLSⓇ ID
June 8, 2024
Listed
August 26, 2024
Updated
Map
1005 W Martin Luther King Jr BLVD
Austin TX, 78701
Interior Features
Total Stories
1
Interior Features
Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Pantry
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven
Floor Description
Carpet, Laminate, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.26 Acres
Exterior Features
Exterior Steps
Lot Features
Trees-Small (Under 20 Ft), See Remarks
Roof
Composition, Shingle
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Austin
Elementary School
Bryker Woods
Other Property Details
Area Name
DT
Garage
No
Parking
Off Street
View
Yes
View Description
City
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
7/3/2024 | Under contract | — |
Courtesy of Resavvy LLC
Listing Contact: (512) 762-8669
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Crystal Washington shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.
Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 9:12 AM UTC, 8/26/2024
