Austin, TX 78721,3400 E Martin Luther King Jr BLVD

$475,000

Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

1,060 SqFt


SOLD DATE : 08/04/2022

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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Starsky Owen, GRI, RENE

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Listed by MoveGroove
Bought with DDFW Realty
agent-avatar

+1(512) 748-6097

starsky@starskyowen.com

2013 Shadow Brook Cir., Rock, TX, 78681, United States

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