931 E 55th Street, Austin

$575,000

1 Bed
1 Bath
660 Sqft
.28 Acre
0 Garage

Loads of development potential on this flat/unencumbered 60' x200' /12,057sf lot with income generation/great tenant at $1500/month through 3/2023. Maximum development potential is 4,823sf of floor area. Feasibility study, elevation and tree survey provided. No heritage trees to stand in your way of maximizing development. Zoned SF-3-NP permitting main house with ADU or a duplex/condo regime. Within a 1/4 mile of a transit stop so no third onsite parking space required for ADU. Surrounded by +million $ new construction on a quiet street in a hidden gem of a neighborhood that’s 5 mins to Downtown/UT/Capitol. Value in the land, but cute/low maintenance rental property while architectural plans are drawn. Buyer advised to perform all due diligence. Do not disturb tenant. Dog on site. Showings by appointment only after 6p and by appointment on weekends. Owner/agent.

Essential Information
MLS® #3449030
Price$575,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage660
Acres0.28
Year Built1960
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address931 E 55th Street
Area4
SubdivisionHill
CityAustin
CountyTravis
StateTX
Zip Code78751
Amenities
FeaturesInternet Access
ViewNone
WaterfrontNone
Utilities

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

Parking

Additional Parking, Driveway, Oversized, Off Street

Interior
InteriorVinyl
HeatingElectric
# of Stories1
StoriesOne
Appliances

Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Disposal, Microwave

Exterior
Exterior FeaturesPrivate Yard
RoofComposition
ConstructionHardiPlank Type
FoundationPillar/Post/Pier
Lot Description

Back Yard, Cleared, Front Yard, Level, Few Trees

School Information
DistrictAustin ISD
ElementaryRidgetop
MiddleLamar (Austin ISD)
HighMcCallum
Additional Information
Date ListedMay 14th, 2022
Days on Market11
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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 25th, 2022 at 5:02pm 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.

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