1913 Lightsey Road, Austin

$1,100,000

0 Bed
0 Bath
1,784 Sqft
.26 Acre
0 Garage

Excellent multi family duplex opportunity just east of the Zilker neighborhood. Perfect for an owner occupant duplex purchase of a multi family inventory interested in the long term development opportunity of the site itself. Located just East of Lamar tucked into the neighborhood. This section of Lamar is zoned for the same schools as the remainder of Zilker (Zilker, O Henry, Austin High). Compatibility unlikely to be an issue as adjacent properties are also zoned MF2. Currently under preforming rent wise and potential to increase rents. Owner occupied. Market rents are closer to $1900-$2300/mo per unit. Opportunity to potentially add a shower to convert 1st floor 1/2 bath to a full bath. See agent for details.

Existing duplex is a good covered land option for rental income during site plan and development review. Also a great option for a 1031 acquisition.

Fresh Tree and Topo survey available.

Up to 6 units allowed.

MF-2 guidelines -
Building Covers - 50%
Imp Cover - 60%
Max Height - 60%
Max Height 40 ft or 3 stories

Essential Information
MLS® #2541103
Price$1,100,000
Bathrooms0.00
Square Footage1,784
Acres0.26
Year Built1972
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address1913 Lightsey Road
Area6
SubdivisionOwen Park
CityAustin
CountyTravis
StateTX
Zip Code78704
Amenities
FeaturesNone
ParkingCarport, Covered
ViewCreek/Stream
WaterfrontCreek
Utilities

Above Ground Utilities, Electricity Available, Natural Gas Available, High Speed Internet Available

Interior
InteriorCarpet, Tile
AppliancesElectric Range
HeatingCentral
StoriesTwo
Exterior
Exterior FeaturesPrivate Yard
RoofComposition
ConstructionHardiPlank Type, Clapboard
FoundationSlab
Lot Description

Trees Large Size, Near Public Transit

School Information
DistrictAustin ISD
ElementaryZilker
MiddleO Henry
HighAustin
Additional Information
Date ListedApril 27th, 2021
Days on Market13
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 10th, 2021 at 10:15pm 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.