300 Irma Dr, Austin, TX 78752

$499,900
1,280
SqFt
List Price
$499,900
Status
ACTIVE
MLS#
5502862
Days on Market
12
Living Area
1,280
Lot Size
7,618
Area
Austin - Central, Austin - East, Austin - North Central

Property Description

A prime real estate opportunity for redevelopment or land banking with some income. Favorable Austin redevelopment rules allow for 3 residences on this lot. 300 Irma is nestled in the vibrant heart of Austin, Texas. This unique property, currently structured as a duplex, offers an exceptional chance for developers and investors to tap into the city's flourishing housing market, with its true value lying in its potential for land development. Situated in a highly sought-after area of Austin, near the ACC Highland Campus, Crestview Rail Station, Ranch 99 Asian Market, and other popular restaurants and shopping destinations, it's an ideal site for residential projects. The recent introduction of the HOME amendment by the City of Austin allows for the potential to build up to three residences on this lot, further enhancing its appeal. Don't miss out on this exceptional opportunity to own and develop in one of Austin's most desirable neighborhoods, a rare find in Austin's competitive real estate market, offering a lucrative opportunity for those looking to invest in a growing area. Call for details regarding our Byrne Buyers Guarantee. Register now! Buyer to verify all MLS information.

Additional Information

Taxes
$7,310
Tax Year
2024
Year Built
1958
Exterior Features
None
Interior Features
Ceiling Fan(s), Primary Bedroom on Main
Roof
Asphalt
Appliances
Gas Range, Refrigerator, Washer/Dryer, Water Heater
Construction
Masonry Partial
Region
Austin - Central, Austin - East, Austin - North Central
View
No View
School District
Austin ISD
Elementary School
Reilly
High School
McCallum
Middle School
Lamar (Austin ISD)
Sewer
Public Sewer
Stories
1
Street Name
Irma Dr
Street Number
300
Neighborhood
Sherry Dale
Water
Public
Acres
0.17
County
Travis
Floor
Carpet, Tile, Vinyl
Heating
Wall Furnace
Lot Description
Corner Lot

Mortgage Calculator

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Listing courtesy of Keller Williams Realty. Contact: (512) 942-7880

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