Builders and Investors!! Classic 1930s home in coveted Crestview neighborhood feeding to Brentwood Elementary, Lamar MIddle School, and McCallum High School. Bring your architect or contractor to refurbish both the main and second floor guest unit, or use the .146 acre lot to redevelop entirely.
The exterior of the home boasts Victorian-style fish-scale siding, and the sizable backyard features a custom pergola. The home is located just a short walk from Capitol Metro bus lines, including the Rapid Bus 801, providing easy access to the University of Texas and downtown destinations. The first floor unit's HVAC system was replaced in 2022, and the home's sewer line was replaced with PVC in 2021.
The first floor unit is a 1212 square foot, three-bedroom, two-bath home with original pine floors. Both bathrooms in this unit were updated in 2019. The open-concept second-floor guest unit was added in 2002 and is 954 square feet (buyer to verify the exact square footage) with skylights, a large walk-in shower, and a deck overlooking the backyard.
With updates and repairs, both units could become income-producing investments. Alternatively, a family looking to live centrally in this coveted school zone could live in one unit and rent out the other for income, either as a short- or long-term rental.
With the Austin City Council poised to enact new zoning regulations in the coming months, owners may have the option to subdivide existing lots into minimum lot sizes of 2500 SF, with up to three units allowed on each lot. If the new proposed regulations are enacted, this property could potentially be subdivided into two lots of 3173 SF, with up to three units on each for a total of six units (buyer to verify all zoning and permitting options and requirements).