3408 Merrie Lynn Avenue, Austin

$549,500

2 Beds
1 Bath
861 Sqft
.27 Acre
0 Garage

0.27 acre corner lot priced to sell - a fantastic development opportunity in the highly desired Cherrywood neighborhood! This SF-3 zoned corner lot, less than 10 minutes from downtown Austin, has endless development possibilities - build a single family home, duplex, or main house & ADU style. Given the lot size, total buildable sqft is around 4,700. With a corner lot, both dwelling units would have their own entrance and address, making it very unique and reminiscent of a single-family home in a condo setting. Survey is available. Comps indicate an ARV of $2.1M or more, making it ideal for development. The renderings are conceptual and illustrate possible future development. Buyer is responsible for completing all due diligence. Appointments are required to walk the property. The current structure on the property is a teardown.

Essential Information
MLS® #6935540
Price$549,500
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage861
Acres0.27
Year Built1955
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address3408 Merrie Lynn Avenue
Area3
SubdivisionMcQuown A N
CityAustin
CountyTravis
StateTX
Zip Code78722
Amenities
FeaturesSee Remarks
ParkingSee Remarks
WaterfrontSee Remarks
Has PoolYes
Utilities

Electricity Connected, Sewer Connected, Water Connected

Interior
InteriorSee Remarks
AppliancesSee Remarks
HeatingCentral
# of Stories1
StoriesOne
Exterior
Exterior FeaturesSee Remarks
Lot DescriptionCity Lot, See Remarks
RoofSee Remarks
ConstructionSee Remarks
FoundationSee Remarks
School Information
DistrictAustin ISD
ElementaryMaplewood
MiddleKealing
HighMcCallum
Additional Information
Date ListedNovember 19th, 2022
Days on Market19
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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 December 8th, 2022 at 10:46am CST. 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.