tomo logo

$665,000

Beds
4
Baths
3.0
sq ft
1,391

1200 Walnut Ave, Austin, TX 78702

1200 Walnut Ave

Austin, TX 78702

  • 160 days on market
    • Price drop $10,000↓
Step into this beautifully updated 4-bedroom, 3-bathroom home that blends contemporary style with timeless charm. The expansive living room flows effortlessly into a versatile dining space, creating an ideal environment for both everyday living and entertaining. Adjacent to the dining area is a thoughtfully renovated kitchen, designed for both functionality and comfort. The home offers a well-planned layout, with two bedrooms sharing a stylish bathroom, while the other two boast private ensuite baths for maximum comfort and flexibility. The back bedroom, featuring its own ensuite bath and a separate entrance, offers fantastic potential for guests, in-laws, or even as a private office—perfect for maximizing rental income or short-term rental (STR) opportunities. Sitting on a .139-acre corner lot with alley access, the property also includes a storage shed and offers convenient parking options. Zoned SF3, this lot is brimming with development potential, allowing for up to three dwellings, making it an exceptional opportunity for investors, builders, or those looking to generate rental income. Nestled in the heart of East Austin, this property is a fantastic find for those seeking a flexible living space, an investment opportunity, or a prime spot for short-term rentals. Seize this chance to own a dynamic property in one of Austin's most sought-after neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$717,957

Property condition

Updated/Remodeled

Lot size

6,046.13 sq ft

Price per sq ft

$479

Year built

1925

Annual property taxes

$12,761.78

HOA

No

Price History

07/26/2024
Austin

Austin #4774385

Price change
$665,000
-1.48%
06/11/2024
Austin

Austin #4774385

Listed
$675,000

Schools & Community

Neighborhood: 

Chestnut

Elementary school: 

Campbell

Middle school: 

Kealing

High school: 

McCallum

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Franklin Financial Corp

Loan start date

December 2003

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

6.03%

Loan type

Stand Alone First, 30 year

Seller

Jose B Hernandez and Adela V Hernandez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
Austin
$744,900
4 bd
|
3 ba
|
2,090 sq ft
|
House

2200 E 14th St Unit 1, Austin, TX 78702

Price drop
Austin
$567,000
4 bd
|
3 ba
|
1,771 sq ft
|
House

1139 Gunter St Unit A, Austin, TX 78721

Austin
$720,000
4 bd
|
4.5 ba
|
2,277 sq ft
|
House

3611 Munson St, Austin, TX 78721

Status: Active

Tomo last checked: 11/19/2024 at 9:20 AM

Listing updated: 10/19/2024 at 9:56 AM

Listed by: Carrie Yeager, Engel & Volkers Austin Phone #: (512) 328-3939

MLS: Austin #4774385

Austin logo

Recently listed in Austin

$409,000|4 bd|1.0 ba|House
$524,000|4 bd|3.5 ba|House
$270,000|3 bd|2.5 ba|House
$689,000|3 bd|3.0 ba|House
$2,275,000|5 bd|4.0 ba|House
$560,000|1 bd|1.0 ba|Condo