tomo logo

$1,200,000

Beds
2
Baths
2.0
sq ft
1,276

3205 Menchaca Rd, Austin, TX 78704

3205 Menchaca Rd

Austin, TX 78704

  • 48 days on market
HUGE Development Opportunity (near) Lamar/Menchaca! Buy the Block: 3105/3201/3205 Menchaca FOR SALE!!! This is a once in a lifetime opportunity to acquire PRIME REAL ESTATE in Central Austin 78704. Endless possibilities! Flexible Commercial/Residential Zoning. 'Offering Memorandum' Attached. This lot is almost half an acre in South Austin. PRIME LOCATION for future development. Can also be purchased as package deal with adjacent properties. Enjoy as a primary home, office or rental. Large spacious lot with garden and workshop/storage. Property is adjacent to a small quiet creek.

Details

Property type

Single Family Residence

Est. home value

$803,137

Lot size

0.454 acres

Price per sq ft

$941

Year built

1946

Annual property taxes

$10,480.26

HOA

No

Price History

10/04/2024
Austin

Austin #3310303

Listed
$1,200,000

Schools & Community

Neighborhood: 

South Lamar

Elementary school: 

Zilker

Middle school: 

O Henry

High school: 

Austin

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

Austin Telco Fcu

Loan start date

November 2009

Original loan amount

$99,999

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Credit Line (Revolving), 15 year

Seller

Judy A Ragland Lee and Terry Don Lee

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?

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Status: Active

Tomo last checked: 11/22/2024 at 12:55 AM

Listing updated: 10/15/2024 at 9:47 AM

Listed by: Andy Patlan, TEAM ELITE GROUP Phone #: (512) 784-0048

MLS: Austin #3310303

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