1142 Mansell Ave

Austin,TX 78721

$ 425000

0 Bed

0 Bath

1712 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $248

Subdivision Eastfield

MLS Listing ID 5414374

Originating Board actris

Year Built 1985

Annual Tax Amount $7,622

Tax Year 2024

Lot Size 8,302 Sqft

Property 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.

Location

State TX

County Travis

Interior

Interior Features No Interior Steps,Open Floorplan

Heating None

Cooling None

Flooring Carpet,Tile

Fireplace Y

Appliance None

Exterior

Exterior Feature No Exterior Steps

Fence Partial,Privacy,Wood

Community Features High Speed Internet

Utilities Available Above Ground,Electricity Available,Natural Gas Available,Sewer Connected,Water Available

Waterfront No

Waterfront Description None

View None

Roof Type Composition

Accessibility None

Porch Front Porch

Total Parking Spaces 4

Building

Lot Description Corner Lot

Faces Southeast

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Stone Veneer

New Construction No

Schools

Elementary Schools Norman-Sims

Middle Schools Martin

High Schools Northeast Early College

School District Austin Isd

Others

Pets Allowed Cats OK,Dogs OK,No Weight Limit,No Restrictions,All

Restrictions City Restrictions

Acceptable Financing Cash

Tax Rate 1.809247

Listing Terms Cash

Special Listing Condition Standard

Pets Description Cats OK,Dogs OK,No Weight Limit,No Restrictions,All

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