SOLD! $1 million. French Place Multiple Homes & Lots for Sale with possible Owner Financing - Austin Silent Market Austin Silent Market

SOLD! $1 million. French Place Multiple Homes & Lots for Sale with possible Owner Financing

$1,000,00.

SOLD. Seller NETTED 1,000,000 at closing and funding.

French Place, East University, Manor Road Neighborhood and area. Entire 2 LARGE SF-3 and NP Neighborhood Planning Zoned Lots with 2 HOUSES, currently rented for Sale. Could possibly be re-subdivided in the 4 city of Austin lots.

Owner’s asking price is 1 million dollars for ENTIRE package. (1,000,000.) Owner is willing to owner-finance, up to $600,000 at 6.0% percent interest.

.4621 acres, 2 Homes and potential 3/4 lots for sale. Call George Vance McGee for SURVEY, tax rolls, plats, & now Seller’s Disclosure Notices.

There is 1 Drainage Easement and 1 City of Austin Sewer line below the 2 middle lots. The COA SEWER line has been officially flagged and marked. Images and info from COA on file. Just ask George Vance 512.657.9281 iphone

Currently the Travis County Appraisal has conjoining land set up as 2 LARGE lots with 2 freestanding homes. The land was originally 4 50.X100. City of Austin individual lots. For specific Development Questions contact the City of Austin Bureaucracy.

1st LOT is .1751 Acres in Size, Zoned SF-3, or 7,628 sq ft. Dimensions of 75X100. Existing LEASED home was built in 1948. The 2 bedroom, 1 full bathroom, 1 Living Room Home is 816 sq. feet with  a brick exterior. The owner’s asking price for this section is $750,000.

2nd tract is the larger tract. LOT SIZE of .2870 Acres. Zoned SF-3. Lot square footage  of 12,500. Dimensions of 125″ X 100″. Existing LEASED, rent-able 3 bedrooms, 2 bathroom, 1 Living, 1 Dining, Hardwood floors home is 1340 sq. ft with a true garage, back porch, and carport. Year built of home is 1940.

All leases expire July 31, 2018

3407, is a 3 bed /2bath leased for $2,235.00

3401 is a 2 bed /1 bath leased for $1,595.00

 Both homes have hardwood floors, CA/CH, w/d connections, not updated kitchens, Tub & shower in all bathrooms.

These 2 LARGE lots and property was originally platted as 4 individual lots. For re-organization LOT and LAND questions, contact the government agencies of the City of Austin.

 

 

 

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