$400,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,110
7503 Carriage Dr, Austin, TX 78752
7503 Carriage Dr
Austin, TX 78752
- 197 days on market
- Price drop $100,000↓
Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. The existing structure can be remodeled and expanded up to 4,357 square feet and include an ADU of up to 1,100 square feet. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area support an average sales price of $429 per square foot, projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.
Details
Property type
Single Family Residence
Lot size
0.3132 acres
Price per sq ft
$361
Year built
1960
Annual property taxes
$9,353.61
HOA
No
Price History
08/05/2024
Austin #4651428
Price change
$400,000
-20%
04/25/2024
Austin #4651428
Listed
$500,000
Schools & Community
Neighborhood:
Highland
Elementary school:
Brown
Middle school:
Webb
High school:
Navarro Early College
Community features: None
Community features:
None
High school district:
Austin ISD
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House209 W Saint Johns Ave, Austin, TX 78752
Status: Active
Tomo last checked: 11/08/2024 at 12:45 PM
Listing updated: 10/21/2024 at 7:17 AM
Listed by: James DeLoney, Haven Path Realty LLC Phone #: (512) 856-7414
MLS: Austin #4651428
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