Austin - South Homes with Split Possible Lot description

Welcome to South Austin, a vibrant and eclectic neighborhood that perfectly embodies the charm and spirit of Texas' capital city. Nestled within Travis County, this area is known for its diverse culture, dynamic music scene, and a unique blend of urban and suburban living. With its rich history and an ever-evolving landscape, South Austin offers a delightful mix of traditional and contemporary homes, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of South Austin is the availability of homes with split possible lots. This unique property type offers homeowners the flexibility to expand their living space, create additional rental opportunities, or simply enjoy a larger outdoor area. Imagine transforming a portion of your yard into a serene garden retreat or constructing a guest house for visiting friends and family. The potential is limitless!

Living in South Austin means you’re never far from the action. The region boasts an array of local eateries, boutique shops, and vibrant parks, all while maintaining a strong sense of community. Enjoy a leisurely stroll through the iconic South Congress Avenue, where you can indulge in delicious food trucks, unique shops, and live music that fills the air with energy and excitement.

Whether you’re looking to invest in a split possible lot home or simply want to experience the charm of South Austin, this neighborhood offers a blend of opportunities and lifestyle that is hard to resist. Explore the possibilities and discover why South Austin is a place where dreams can flourish!

Newest Austin - South Homes with Split Possible Lot description

$415,000

3 Beds ⋅ 2 Baths ⋅ 7324831 MLS ⋅ 78745 Zip Code

$ 85K below appraisal!. !Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1312 square feet, is in good condition, ensuring a smooth appraisal and financing process. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing a small part of the over sized garage with workshop. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience. 2-1 buydown starting at 4.35% and free refi offered by lender and other special loan programs.

6407 Cannonleague Dr, Austin

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