1107 Lambie Street, Austin

$1,200,000

7 Beds
4 Baths
2,594 Sqft
.14 Acres
0 Garages

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. Sprinkler Sys:Yes

Essential Information
MLS® #2554500
Price$1,200,000
Bedrooms7
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage2,594
Acres0.14
Year Built2015
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address1107 Lambie Street
Area5
SubdivisionElm Grove Add Resub Of Lts 11
CityAustin
CountyTravis
StateTX
Zip Code78702
Amenities
UtilitiesAbove Ground Utilities
FeaturesPark, Pool, Trails/Paths
ParkingAssigned
ViewCity
WaterfrontNone, Boat Ramp/Lift Access
Interior
InteriorCarpet, Concrete, Tile
HeatingElectric
FireplaceYes
# of Fireplaces1
FireplacesFamily Room
StoriesThree Or More
Appliances

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

Exterior
Exterior FeaturesBoat Ramp, No Exterior Steps
RoofComposition
ConstructionSee Remarks
FoundationSlab
Lot Description

Alley, Sprinklers In Rear, Sprinklers In Front, Many Trees, Sprinklers Automatic, Trees Large Size

School Information
DistrictAustin ISD
ElementaryBarton Hills
MiddleBedichek
HighAustin
Additional Information
Date ListedJune 3rd, 2020
Days on Market170
Property History
Price Reduced from $1,270,000 to $1,200,000
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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 October 20th, 2020 at 4:54pm 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.