tomo logo

$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

Austin #4651428

Price change
$400,000
-20%
04/25/2024
Austin

Austin #4651428

Listed
$500,000

Schools & Community

Neighborhood: 

Highland

Elementary school: 

Brown

Middle school: 

Webb

High school: 

Navarro Early College

Community features: 

None

High school district: 

Austin ISD

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209 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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