1005 W Martin Luther King Jr Blvd

Austin, TX 78701
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2,628 Sqft. ($399/Sqft.)
11,195 Lot Sqft
Residential Income - Duplex

Audio narrative

Description

Fantastic duplex house located in the highly sought-after Judges Hill area right next to West Campus. This property features two units with spacious layouts and a shared, large open backyard. With a bit of TLC, rents can be doubled. Remodeling the 6/3 unit A can yield you $7,800 to $8K per month rent and remodeling unit B can yield you $3,900 to $4K rent. The lot is very large 11,167 sq feet, with 80 feet of frontage. the new SF3 zoned regulations allow for the lot to be subdivided into three 3,722 sq feet lots so the land value and redevelopment potential here is huge. Also, MLK is likely to be rezoned to TOD ( transit-oriented district) which would further expand the redevelopment potential. This is a tremendous covered land play.

MLS#
ABORTX-2184974
List Price
$1,049,000 ($399/Sqft.)
Listing Status
For Sale
Address
1005 W Martin Luther King Jr Blvd
City
State
TX
Zip Code
County
Subdivision
Vance Park
Legal Description
LOT 7 OLT 12-14 DIV E VANCE PARK
Property Type
Residential Income - Duplex
Stories
1
Building Size
2,628 Sqft/Public Records
Year Built
1967 /Public Records
Lot Size
11,195 Sqft./Appraisal District

Exterior

Roof
Composition,Shingle
Foundation
Slab
Exterior Type
Brick, Frame, Masonry ? Partial
Lot Description
Trees-Small (Under 20 Ft), See Remarks
Parking
Off Street
Parking Space
Garage 0 / Parking 7
Utility
Electricity Available
Front Door Face
North
Views
City
Exterior
Exterior Steps

Interior

Furnished
Cats OK,Dogs OK,Breed Restrictions
Floors
Carpet, Laminate, Tile, Wood
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Window
Aluminum Frames,Window Treatments
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven
Other Equipment
Dryer Connections,Washer Hookup
Security System
None
Interior
Ceiling Fan(s), Ceiling-High, Counter-Granite, Electric Dryer Hookup, Pantry

Lot information

Lot Size
11,195 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Mortgage

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Estimated Monthly Payments

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Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

unlock MLS
Source last updated Jun 27, 2024 at 11:08 AM
Listing last updated Jun 09, 2024 at 05:08 AM
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1005 W Martin Luther King Jr Blvd, Austin, TX 78701. View photos, map, tax, nearby homes for sale, home values, school info...

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