105 Florence Drive

Austin, TX 78753
$259,000
1128 sqft | 3 beds | 1 bath | 0.27 acres | #6322937

Description

This property offers a fantastic investment opportunity in the heart of Austin, just a 14-minute drive to downtown and 16 minutes to the airport. With tenants already in place, generating $1,500 per month, this property is a solid income producer. The current lease runs through January 31, 2025. The home can be remodeled to enhance its value and rental potential, or you can take advantage of the lot’s redevelopment possibilities. Zoned SF3, this nearly 12,000 square foot (0.27 acre) lot provides ample space for building a duplex or an accessory dwelling unit (ADU). This property offers numerous opportunities at a competitive price point in a central Austin location. Buyers are encouraged to conduct their own due diligence. Owner financing may be available with a suitable offer.

  • Property Details
      • Interior:Ceiling Fans, MainLevelPrimary, Open Floorplan
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
      • Lot description:Back Yard
      • Exterior materials:Private Yard
      • Acres:0.27
      • Square Feet:1128
      • Property type:Purchase
      • Year built:1953
      • Foundation:Slab
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
      • Subdivision:Georgian Acres Estate
      • School district:Austin ISD
      • Elementary School:Barrington
      • Middle School:Webb
      • High School:Navarro Early College
      • County:Travis
      • Original List Price:$275, 000
      • Days on Market (Cumulative):156
      • MLS #:6322937
      • Cost:259000
      • Property subtype:SingleFamilyResidence
      • MLS #:6322937

Location

Lana KoenigReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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