Austin - South Homes with Split Possible Lot description

Welcome to South Austin, a vibrant and eclectic neighborhood that perfectly encapsulates the spirit of Texas’ capital city. Nestled in Travis County, this area is renowned for its unique blend of urban charm and natural beauty, making it a sought-after destination for homebuyers seeking both comfort and character.

South Austin boasts a rich cultural scene, with an array of local shops, art galleries, and live music venues that reflect the city’s famous motto: “Keep Austin Weird.” The community is alive with creativity, offering residents an engaging lifestyle filled with festivals, farmers' markets, and outdoor activities. With the picturesque Lady Bird Lake and the scenic Barton Springs Pool just a stone’s throw away, outdoor enthusiasts will find countless opportunities to explore nature and enjoy the Texas sun.

For those considering a home in this thriving area, properties with split possible lots present an exciting opportunity. These versatile lots allow for creative development options, whether you envision building a multi-family dwelling or a cozy guest house. The potential for additional income or the ability to create a family compound makes these homes particularly appealing.

Imagine living in a neighborhood where you can enjoy a morning coffee at a local café, take a stroll through lush parks, and return to your own private oasis. South Austin is not just a place to live; it’s a lifestyle that celebrates community, diversity, and the beauty of Texas living. If you’re looking for a home that offers both charm and opportunity, South Austin awaits you!

Newest Austin - South Homes with Split Possible Lot description

$415,000

3 Beds ⋅ 2 Baths ⋅ 7324831 MLS ⋅ 78745 Zip Code

$ 85K below appraisal!. !Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1312 square feet, is in good condition, ensuring a smooth appraisal and financing process. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing a small part of the over sized garage with workshop. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience. 2-1 buydown starting at 4.35% and free refi offered by lender and other special loan programs.

6407 Cannonleague Dr, Austin

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