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$375,000

Beds
2
Baths
1.0
sq ft
910

5610 Hudson St, Austin, TX 78721

5610 Hudson St

Austin, TX 78721

  • 274 days on market
    • Price drop $50,000↓
Discover the exceptional potential of 5610 Hudson (and next door 5608 is also available!!), a distinctive property nestled in the vibrant heart of Central East Austin, ZIP code 78721. This unique property features a charming wooden frame bungalow that offers the opportunity for preservation and expansion, highlighting the City of Austin's appreciation for maintaining historical architecture. The lot stands out with its approval from the City of Austin for plans that include two additional dwellings, enhancing its value and appeal. Unit 1 is designed to feature a luxurious pool, creating an oasis in this bustling urban environment. Surrounded by beautifully matured trees that enhance both privacy and aesthetic appeal, the layout is thoughtfully designed to integrate these natural elements, ensuring they enhance rather than inhibit your building possibilities. For those eager to embark on a project with a swift start, 5610 Hudson presents an ideal scenario. Secure a permit to renovate the existing bungalow—a process expedited by the city’s favorable stance on preserving older structures. Following this, you have the flexibility to develop one or two additional structures according to your vision. 5610 Hudson offers a unique opportunity to create a bespoke residential ensemble in one of Austin's most sought-after neighborhoods. Whether you aim to preserve the nostalgic charm of the existing bungalow or to innovate with new constructions, this property is a canvas awaiting your creative touch. Not BUILDER RESTRICTED. Contact the agent for BUILDER REFERRAL & BID. Also, new development has been approved for Hudson - and the builder will create nice sidewalks and inviting street scapes for the community to enjoy! See attached article.. https://www.austinmonitor.com/stories/2022/06/planning-commission-supports-first-phase-of-east-austin-development/

Details

Property type

Single Family Residence

Est. home value

$496,175

Lot size

9,452.52 sq ft

Price per sq ft

$413

Year built

1935

Annual property taxes

$9,292.58

HOA

No

Price History

08/15/2024
Austin

Austin #3766297

Price change
$375,000
-11.76%
05/02/2024
Austin

Austin #3766297

Price change
$425,000
-5.56%
02/08/2024
Austin

Austin #3766297

Listed
$450,000

Schools & Community

Neighborhood: 

MLK 183

Elementary school: 

Sims

Middle school: 

Martin

High school: 

Lyndon B Johnson (Austin ISD)

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

Loan Ranger Capital Llc

Loan start date

January 2022

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

3.12%

Loan type

Not Provided

Seller

Mjc Group Llc

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: 11/08/2024 at 12:40 PM

Listing updated: 10/02/2024 at 12:16 PM

Listed by: Darsh Parikh, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #3766297

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