Property Description

Large 0.5ac in Clarksville with alley access, a truly unique find. MF3 zoned. 6,246 sqft livable space, currently getting ~$16k+/month in rents. All units are leased until Aug 2024 with option to renew. New rents for 2024 will be ~$17k/month. Multiple options for residential or multifamily conversion with multiple uses. Would make an amazing residential compound, huge remodel potential and abundant space for a pool, multi car garage, outdoor terraces etc. Sale prices for newly remodeled or new construction in Clarksville range from $1000+ per sq ft, lucrative investment opportunity. Prime location with downtown, UT campus, and Ladybird lake in walking distance. Views of downtown and UT possible with redevelopment.

Features

Heating System : Central

Cooling System : Central Air

Fence : Fenced, Partial

Patio : Patio, Porch, Deck

Appliances : Dishwasher, Disposal, Water Heater-gas, Gas Range, Oven, Rnghd, Range

Community Features : Storage

Exterior Features : Exterior Steps, Private Yard

Fireplaces Total : 1

Flooring : Tile, Wood, Concrete

Garage Spaces : 3

Interior Features : Multiple Living Areas, Pantry, Walk-in Closet(s), Storage, Interior Steps, Ceiling Fan(s), Eat-in Kitchen, Soaking Tub, Washer Hookup, Gas Dryer Hookup, High Ceilings, Vaulted Ceiling(s)

Lot Features : Trees-medium (20 Ft - 40 Ft), Trees-moderate, Interior Lot, Gentle Sloping, Back Yard, Front Yard

Parking Features : Garage, Off Street, Attached, Carport, Covered, Alley Access

Roof : Composition

Sewer : Public Sewer

Utilities : Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected

Address Map

Country : US

State : TX

County : Travis

City : Austin

Zipcode : 78703

Street : 1305 Lorrain ST, Austin TX 78703

Floor Number : 0

Longitude : W98° 14' 41.8''

Latitude : N30° 16' 48.5''

Direction Faces : Nw

Directions : East on Enfield, south on Lorrain, property will be on your left.

Subdivision Name : Enfield A

MLS Addon

Office Name : Resavvy LLC

Agent Name : Tony Lazarov

Construction Materials : Stone Veneer, Frame

Elementary School : Mathews

Foundation Details : Pillar/post/pier

High School : Austin

Levels : Two

Agent MlsId : 0459968

Office MlsId : 701116

MiddleOrJunior School : O Henry

New Construction : 1

Other Structures : Outbuilding

Special Listing Conditions : Standard

VirtualTour URL : https://youtu.be/UmX3b6rmvow

Water Source : Public

HighSchoolDistrict : Austin ISD

ElementarySchoolDistrict : Austin ISD

MiddleOrJuniorSchoolDistrict : Austin ISD

Google Map

Residential Income For Sale

1305 Lorrain ST, Austin TX 78703, Austin, Texas 78703

6,246 Sqft

$2,995,000

Listing ID #9833853

Basic Details

Property Type : Residential Income

Listing Type : For Sale

Listing ID : 9833853

Price : $2,995,000

Square Footage : 6,246 Sqft

Year Built : 1918

Lot Area : 20,037.60 Sqft

Status : Active

Property SubType : Quadruplex

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Agent info