1142 Mansell Avenue
Austin, TX 78721
1712 sqft | 0.19 acres | #5414374
Description
Investor's Dream in East Austin: Prime Corner Lot with Huge Potential
Situated in the vibrant and rapidly developing East Austin, this duplex offers a unique investment opportunity. While the property requires complete renovation and not all appliances are present, the potential here is unmatched. This corner lot, with dual access from Mansell and Delores, enhances the property's accessibility and development options. Located just 3.5 miles from the Texas Capitol and approximately 3 miles from Houston-Tillotson University and the iconic Franklin BBQ, the location is ideal for those looking to be close to Austin's landmarks.
One of the most appealing aspects for investors is the possibility to build a third unit on the lot, maximizing the return on investment (buyer to verify with City of Austin). Furthermore, this property represents the final house in the area awaiting renovation, surrounded by updated and newly built properties, marking a milestone in the neighborhood's gentrification process. This property is not just an opportunity for renovation but a chance to be part of East Austin's ongoing transformation.
Property Details
- Utility FeaturesAbove Ground Utilities, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- InteriorNo Interior Steps, Open Floorplan, High Speed Internet
- High SchoolNortheast Early College
- Exterior MaterialsNo Exterior Steps
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Elementary SchoolNorman-Sims
- Lot DescriptionCorner Lot
- School DistrictAustin ISD
- SubdivisionEastfield
- Original List Price$450,000
- MLS #5414374
- MLS #5414374
- Acres0.1906
- Utility SourcePublic
- Middle SchoolMartin
- CountyTravis
- Taxes Annual$7,622
- Cost425000
- Property SubtypeDuplex
- Square Feet1712
- Year Built1985
- FoundationSlab
- Days on Market (Cumulative)101
- Pets1
Location
Legal
Based on information submitted to the MLS GRID as of 2024-12-10 17:55:06 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Chris Pesek (#614159), Phone: (361) 772-3702
Listing Office: Pesek Property, LLC (#702958)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
