Austin, TX 78704,3605 Menchaca RD

$1,700,000

Est.Price: ?

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Est. payment /mo

2,422 SqFt


SOLD DATE : 08/09/2024

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,422 sqft

Price per Sqft $660

Subdivision Slider Courtney A

MLS Listing ID 1000174

Sold Date 08/09/24

Originating Board actris

Year Built 1952

Tax Year 2023

Lot Size 0.696 Acres

Property Sub-Type Mixed Use

Property Description

List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired “04.” This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy's Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It's the optimal time to lock in your investment in the heart of Austin!

Location

State TX

County Travis

Zoning LO MF-2

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Tile, Wood

Fireplace N

Exterior

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

View City

Accessibility None

Total Parking Spaces 5

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type,See Remarks

New Construction No

Others

Restrictions Deed Restrictions,Zoning,See Remarks

Acceptable Financing Cash, Conventional, VA Loan

Tax Rate 1.8092

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC • Carlye Jane Alderete
Bought with Non Member
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