2212 Canterbury Street

Austin, TX 78702
$650,000
1536 sqft | 3 beds | 1 bath | 0.16 acres | #6265690

Description

Prime Redevelopment Opportunity: This property features a generous lot ideal for increasing housing density through redevelopment. Existing ADU: A small accessory dwelling unit (approx. 480 SF of the total 1,536 SF listed) is located at the back of the property, offering potential rental income or flexible use during redevelopment. Flexible Zoning: Suitable for various residential or mixed-use projects, maximizing development potential. Redevelopment Potential Generous Lot Size: Ample space for building townhomes, condos, or multi-family housing. Income Generation: The existing bldgs could allow you to generate income while planning and executing your redevelopment project. Strategic Location: Situated in East Austin, an area experiencing significant growth and demand for new housing options. This property is ideal for investors and developers looking to capitalize on East Austin's dynamic real estate market.

  • Property Details
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
      • Lot description:Alley, Front Yard, Near Public Transit, Split Possible, Trees Medium Size
      • Pool:1
      • Acres:0.1574
      • Square Feet:1536
      • Property type:Purchase
      • Year built:1946
      • Foundation:Pillar Post Pier
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Above Ground Utilities, Cable Available, Electricity Connected, FiberOpticAvailable, Natural Gas Connected, Phone Connected, Sew
      • Subdivision:Driving Park Add
      • School district:Austin ISD
      • Elementary School:Metz
      • Middle School:Martin
      • High School:Eastside Early College
      • County:Travis
      • Original List Price:$650, 000
      • Days on Market (Cumulative):2
      • Taxes annual:$9, 767
      • MLS #:6265690
      • Cost:650000
      • Property subtype:Other
      • MLS #:6265690

Location

Lana KoenigReal Estate Group
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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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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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