507 Allen ST, Austin TX 78702

507 Allen ST, Austin TX 78702
  • $720,000
Residential Active
  • Single Family Residence
  • Property Type
  • 3
  • Bed
  • 2
  • Bath
  • 1120
  • Sq Ft
  • 1940
  • Year Built

Description

Location Location Location….Remarkable investment opportunity. This property is just a 2 minute drive time to downtown Austin. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. Conveniently located nearby Grizzeldas, Justine’s, Cloud Tree Art Studio/Gallery, Central Machine Works, Metro Rail, and just a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans. This charming home offers 3 bedrooms, 2 bathrooms, and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown, or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don’t miss out on this amazing opportunity!

507 Allen ST, Austin TX 78702

Additional Details

  • Property ID 5245447
  • Price $720,000
  • Property Size 1120 Sq Ft
  • Land Area 0.1433 Sq Ft
  • Bedrooms 3
  • Bathrooms 2
  • Year Built 1940
  • Property Status Residential
  • Property Type Single Family Residence
  • Flooring Carpet,Laminate
  • Fireplaces 0
  • Cooling Central Air,Electric
  • Elementary School District Austin ISD
  • Middle School Martin
  • Laundry Location Laundry Closet
  • Elementary School Brooke
  • Roof Composition
  • Property Condition Resale
  • Listing Terms Cash,Conventional
  • Foundation Details Pillar/Post/Pier
  • High School Eastside Early College
  • Levels One
  • Full Baths 2
  • Estimated Taxes 6040.32
  • Parking Driveway,Unpaved
  • Pool None
  • Lot Size Area 0.1433
  • Sewer Public Sewer
  • Heating Central,Natural Gas
  • Patio & Porch None
  • Accessibility Features Customized Wheelchair Accessible
  • High School District Austin ISD
  • Lot Features Back Yard,Front Yard,Interior Lot,Level,Public Maintained Road,Trees-Medium (20 Ft - 40 Ft)

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