$549,000
For Sale

3400 E Martin Luther King Jr Boulevard

Austin, TX 78721
1060 sqft | 4 beds | 2 baths | #9222469
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Description

With immediate access to MLK Jr. Blvd, a major thoroughfare, you'll find easy access to Downtown/Central Business District, the medical center, the new Moody Center / UT Campus, and more! The property is directly across from the J.J. Seabrook Greenbelt which provides a view, a place for leisure and some separation from neighbors. Within walking distance to Mueller providing access to many entertainment and shopping needs. Special corner lot poised for a great development! Optionality abounds with the potential to keep the existing structure and build an ADU,or tear down the current bungalow and build a duplex like you'll see on the adjacent property on Pershing. New construction single family in this neighborhood is also selling for $2m+. Current market rent for the existing home is roughly $2400/month while you wait for permits. Buyer to verify development due diligence! Optionality abounds with the potential to keep the existing structure and build an ADU, or tear down the current bungalow and build a duplex like you'll see on the adjacent property on Pershing. Current market rent for the existing home is roughly $2400/month while you wait for permits. Buyer to verify development due diligence!
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  • Interior Details
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
    • Interior Features
      • Interior:Ceiling Fans, Interior Steps, Storage
  • Property Details
    • Property
      • View:Park Greenbelt
      • Lot description:Back Yard, Corner Lot
      • Exterior materials:Private Yard
    • Measurements
      • Acres:0.166
      • Square Feet:1060
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1963
    • Material information
      • Foundation:Pillar Post Pier, Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Natural Gas Connected, Water Connected
  • Community and Neighborhood Details
    • Location
      • School district:Austin ISD
      • Elementary School:Maplewood
      • Middle School:Kealing
      • High School:McCallum
      • County:Travis
    • Community
      • Subdivision:Manor Road Add
  • Financial Details
    • Pricing Details
      • Original list_price:$599, 000
      • Selling office_commission:3.000
      • Annual taxes:$10, 124
  • Other
    • Source
      • MLS #:9222469

Location

Gregg's TeamReal Estate Group
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