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1107 Lambie St, Austin, TX – $1,270,000

  • 7 Beds
  • 4 Baths
  • 2,594 Sqft
  • .14 Acres
  • 7 Beds
  • 4 Baths
  • 2,594 Sqft
  • .14 Acres

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1107 Lambie St

This home was developed to be a high occupancy vacation rental home. It has had a gross revenue of $155,000 per year for four years in a row with a 95% weekend occupancy rate. I have attached an income statement to the listing and can provide complete documentation on the rental income. We believe that a guest home could be built on the back left corner of the lot & the neighbor behind us has a city approved plan to use the unfinished alleyway as a driveway. Buyer must verify.

Essential Information

  • MLS® #2554500
  • Price$1,270,000
  • Bedrooms7
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage2,594
  • Acres0.14
  • Year Built2015
  • TypeResidential
  • Sub-TypeHouse
  • Style1st Floor Entry
  • StatusActive

Community Information

  • Address1107 Lambie St
  • SubdivisionElm Grove Add Resub Of Lts 11
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78702

Amenities

  • UtilitiesAbove Ground
  • Parking Spaces3
  • Parking3+ Reserved
  • ViewCity

Amenities

Pool-Community, Walk/Bike/Hike/Jog Trail(s), Park, Picnic Area

Interior

  • HeatingElectric
  • CoolingCentral Air, Mini-Split System
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFamily Room
  • # of Stories3
  • Stories3

Interior Features

Lighting Recessed, Walk-In Closet, Window Treatments, Low/No VOC, Murphy Bed, Plantation Shutters, Security System - Owned, Smoke Detector, Wired For Surround Sound

Appliances

Dishwasher, Disposal, Dryer, Refrigerator, Range-Free Standing, Washer

Exterior

  • Lot DescriptionAlley Access
  • RoofComposition Shingle
  • ConstructionSee Agent
  • FoundationSlab

School Information

  • DistrictAustin ISD
  • ElementaryBarton Hills
  • MiddleBedichek
  • HighAustin
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Price Change History for 1107 Lambie St, Austin, TX (MLS® #2554500)

Date Details Price Change
Price Reduced (from $1,350,000) $1,270,000 $80,000 (5.93%)

Property Listed by: Pride of Texas Real Estate

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 July 13th, 2020 at 12:15am 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.