$25K Price Improvement! Urban dwellers dream, unique investment opportunity or BOTH in the heart of tree-lined pocket neighborhood Banister Acres/Southwood, fast becoming the next hot spot for central living! Two artistically inspired homes that rent quickly given the neighborhoods proximity to 78704, SOCO, SOLA, Zilker Park/Barton Springs, St Elmo district and more! Both are in great shape. The front home is a 3-1 ranch-style bungalow with a warm mid-century appeal and has had all major items updated. The 1-1 is a Erica Heroy signature featured in Dwell magazine built around 2017. It's an architectural space that offers a true sense of zen while inspiring creativity with its large open space, cool loft bedroom and lots of storage space. Live in one and rent out the other full time or STR with great rental demand for the area given proximity to 78704 and downtown yet much more affordable. 3/1 projected rents at $1900-$2k per mth and 1-1 projected rents at $1700 per mth. OR live in one and STR the other and easily double the daily revenue after expenses! Collectively this property provide amazing flexibility - investment, STR, off-seting payment to live in central for very low dollars while building equity and more. 1,832 Total sq ft 7k+ sq foot lot ADU featured in magazines and built in 2018 New interior paint at ADU Added stove/backsplash at ADU in 2024 New tankless water heater in ADU Pre-wired for Surround Sound at ADU New Interior paint on both Foors on front house in 2023 Roof replacement in 2021 on front house Windows in 2017 at front house Updated electric in 2017 Updated PVC Drain Lines on front house 2023 10 mins to ABIA, Zilker Park/Barton Springs, downtown Minutes to Central Market, Juiceland, SOCO, SOLA.
| MLS # | 2763195 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 113 |
| Listing Provided By | Christies Intl Real Estate Lone Star | Tarek Morshed |
| SQ Feet | 1,832 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Acreage | 0.16 |
| Water Front | Yes |
| Property View | Neighborhood |
| Interior Features | Ceiling Fan(s), Quartz Counters, Primary Bedroom on Main, Smart Thermostat, Wired for Sound |
|---|---|
| Cooling | Central Air |
| Heating | Central, Natural Gas |
| Appliances | Dishwasher, Gas Cooktop, Gas Range, Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator, Washer, Tankless Water Heater |
| Fireplace Features | None |
| Fireplaces Total | 0 |
| Window Features | Double Pane Windows |
| Flooring | Concrete, Tile, Vinyl |
| Exterior Features | Uncovered Courtyard, Garden, Private Yard |
|---|---|
| Roof | Composition, Shingle |
| Foundation Details | Slab |
| Lot Features | Front Yard, Garden, Level, Native Plants, Trees-Medium (20 Ft - 40 Ft) |
| Patio And Porch Features | Rear Porch |
| Fencing | Chain Link, Fenced, Privacy, Wood |
| Construction Materials | Brick Veneer, Frame |
| Parking Features | Attached Carport, Carport, Driveway, Off Street |
|---|---|
| Garage Spaces | 0 |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 10995 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78745 |
| Area | 10N |
| Community Name | PARK FOREST SEC 1 |
| School District | Austin ISD |
| Elementary School | Joslin |
| High School | Crockett |
| Listing VS Median (in PARK FOREST SEC 1) | |
Price: $730,000 low | high Med: $0 On site: 113 low | high Med: | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78745 |
| Area | 10N |
| Community Name | PARK FOREST SEC 1 |
| School District | Austin ISD |
| Elementary School | Joslin |
| High School | Crockett |
| Listing VS Median (in PARK FOREST SEC 1) | |
Price: $730,000 low | high Med: $0 On site: 113 low | high Med: | |