3605 Menchaca Road, Austin

$1,700,000

0 Bed
0 Bath
.7 Acre
0 Garage

List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired “04.” This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy’s Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It’s the optimal time to lock in your investment in the heart of Austin!

Essential Information
MLS® #1000174
Price$1,700,000
Bathrooms0.00
Acres0.70
Year Built1952
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address3605 Menchaca Road
Area6
SubdivisionSlider Courtney A
CityAustin
CountyTravis
StateTX
Zip Code78704
Amenities
ParkingOn Site
ViewCity
Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior
InteriorTile, Wood
HeatingCentral
Exterior
ConstructionHardiPlank Type, See Remarks
FoundationSlab
Additional Information
Date ListedJanuary 17th, 2024
Days on Market103
ZoningLO MF-2
Listing Details
Office Contact(512) 575-3644
Property History
Price Reduced from $1,800,000 to $1,700,000
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Property Listed by: Compass RE Texas, LLC

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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 29th, 2024 at 2:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.