$475,000
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3400 E Martin Luther King Jr BLVD Austin, TX 78721
4 Beds
2 Baths
1,060 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,060 sqft
Price per Sqft $443
Subdivision Manor Road Add
MLS Listing ID 9222469
Sold Date 08/04/22
Bedrooms 4
Full Baths 2
Originating Board actris
Year Built 1963
Annual Tax Amount $10,124
Tax Year 2022
Lot Size 7,230 Sqft
Property Description
Value is in the land - existing structure is likely a tear down. Motivated Seller. Property is located in an opportunity zone on a high growth corridor, great long term hold with potential to rezone - buyer to verify. 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!
Location
State TX
County Travis
Rooms
Main Level Bedrooms 4
Interior
Interior Features Ceiling Fan(s), Interior Steps, Storage
Heating Central
Cooling Central Air, Electric, Wall/Window Unit(s)
Flooring Wood
Fireplace Y
Appliance Gas Range, Free-Standing Refrigerator, See Remarks
Exterior
Exterior Feature Private Yard
Fence Back Yard, Chain Link, Fenced
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Connected, Water Connected
Waterfront No
Waterfront Description None
View Park/Greenbelt, See Remarks
Roof Type Shingle
Accessibility None
Porch Front Porch
Parking Type Driveway
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Corner Lot
Faces South
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick, Brick Veneer, Wood Siding, See Remarks
New Construction No
Schools
Elementary Schools Maplewood
Middle Schools Kealing
High Schools Mccallum
Others
Restrictions See Remarks
Ownership Fee-Simple
Acceptable Financing Cash, Conventional, FHA
Tax Rate 2.1767
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Bought with DDFW Realty