Austin, TX 78704,518 Terrace DR

$1,225,000

Est. payment /mo
Est.Price: ?

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518 Terrace DR Austin, TX 78704

2,612 SqFt

SOLD DATE : 10/21/2022

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $440

Subdivision Blue Bonnet Hills

MLS Listing ID 6244605

Sold Date 10/21/22

Originating Board actris

Year Built 1935

Annual Tax Amount $14,337

Tax Year 2022

Lot Size 6,490 Sqft

Property Description

Exceptional, unique, well-maintained income-producing property in the heart of Travis Heights, on a corner lot across the street from Little Stacy Park and the Blunn Creek Trail, two minutes to South Congress, 6 minutes to downtown and just a stone's throw to Lady Bird Lake and all of the Best of Austin. This stunning property with three separate income-producing units affords the owner ultimate flexibility in terms of property use. The restored and modernized 1935 1/1 duplex units with gorgeous original hard wood flooring and custom tile work are 660 SF each, per TCAD. Each duplex unit has a private shaded patio or deck, a generous kitchen with ample storage and a spacious living, bedroom and dining area, the latter of which for both current tenants is being used as ideal work-from-home office space. The striking 2/2 single-family home situated above the duplex boasts spectacular tree-top views courtesy of the second and third story decks designed by the lead architect responsible for the Lady Bird Lake Boardwalk. The thoughtful updates to this 1292 SF converted garage apartment include a well-appointed first-floor secondary suite with an oversized, luxurious walk-in shower. The main-level second-floor contains an updated galley kitchen with Silestone counters and conveying stainless steel appliances opening to dining and living space which lead to the primary suite. Each photo indicates the attributable unit. All units are in excellent shape. Property has been pre-inspected and is priced to sell. Contact Agent for more information.

Location

State TX

County Travis

Interior

Interior Features Built-in Features, Ceiling Fan(s), High Ceilings, Quartz Counters, Tile Counters, Gas Dryer Hookup, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Stackable W/D Connections, Washer Hookup

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Tile, Wood

Fireplace Y

Appliance Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Gas Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Heater

Exterior

Exterior Feature Balcony, Exterior Steps, Gutters Full

Fence Fenced, Privacy, Wood

Pool None

Community Features Park, Walk/Bike/Hike/Jog Trail(s

Utilities Available Electricity Available, Natural Gas Available

Waterfront No

Waterfront Description None

View Park/Greenbelt, Trees/Woods

Roof Type Composition, Metal, Shingle

Accessibility Accessible Stairway

Porch Covered, Deck, Porch

Parking Type Off Street

Total Parking Spaces 1

Building

Lot Description Back Yard, Corner Lot, Front Yard, Gentle Sloping, Xeriscape

Faces East

Foundation Pillar/Post/Pier, Slab

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Cement Siding, Wood Siding

New Construction No

Schools

Elementary Schools Travis Hts

Middle Schools Lively

High Schools Travis

Others

Pets Allowed Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Breed Restrictions

Restrictions City Restrictions,Zoning

Acceptable Financing Cash, Conventional

Tax Rate 2.17668

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Description Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Breed Restrictions

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Listed by Luxon Realty Services
Bought with JPAR Austin

Carrie Yeager

Advisor | License ID: 720195

+1(646) 522-4901

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