Property Description

8,943 sq ft, two income-producing residences in good condition on a development lot with the capacity to add up to 2,600 sq. ft. of living space, taking advantage of the new three-dwelling unit rule. The back ADU completed in 2020 is perfectly situated to allow in the front either a new house, new duplex, two new houses, or some variation. Or, collect rent from both properties and enjoy the income and appreciation.rnrnOwner owns adjacent lot at 1411 Justin and would consider a package deal for both properties. rnrnBuyer to verify any development rules and FAR requirements based on their goals and interests.rnrnThis property may qualify for FannnieMae’s new lending guidelines for financing residential multifamily with as low as 5% down for an owner-occupant.

Features
: Central
: Central Air
: Back Yard
: Dishwasher, Cooktop Gas, Water Heater-gas, Refrigerator, Free-standing Range
: Private Yard
0
: Wood, Concrete
1
: Primary Bedroom On Main, Multiple Living Areas
: Trees-medium (20 Ft - 40 Ft), Interior Lot
: Carport
: Composition
: Public Sewer
: Natural Gas Available
Address Map
US
TX
Travis
Austin
78757
1409 Justin LN, Austin TX 78757
0
W98° 16' 21.1''
N30° 20' 26.5''
North
From Lamar - head west on Justin Lane, home is on the left, From Burnett, head east, home is on the right
Crestview Add Sec 01
MLS Addon
Real
Jeff McElroy
: Masonry – Partial
Brentwood
: Pillar/post/pier
McCallum
: Two
542753
8160
Lamar (austin Isd)
1
: Garage(s)
: Standard
$16,651
: Public
Austin ISD
Austin ISD
Austin ISD

Residential Income For Sale

1409 Justin LN, Austin TX 78757, Austin, Texas 78757

2,288 Sqft
$1,100,000
Listing ID #4480595
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 4480595
Price : $1,100,000
Square Footage : 2,288 Sqft
Year Built : 2020
Lot Area : 8,942.87 Sqft
Status : Active
Property SubType : Duplex