Austin - South Homes with Split Possible Lot description

Welcome to South Austin, a vibrant and eclectic region nestled in the heart of Texas's capital city. Known for its rich cultural scene, diverse communities, and lush landscapes, South Austin is a place where urban charm meets natural beauty. With its unique blend of artistic flair and southern hospitality, residents enjoy an exceptional quality of life, making it one of the most sought-after areas in Austin.

The real estate market in South Austin is as dynamic as the city itself, with a variety of homes that cater to different lifestyles. One of the standout features of this area is the availability of homes with split possible lots. These properties offer incredible flexibility for homeowners, allowing for potential rental income or the opportunity to build a second dwelling. Whether you envision developing a guest house, creating a home office, or simply enjoying the spaciousness of your own backyard, the possibilities are endless.

South Austin is renowned for its thriving food scene, live music venues, and outdoor recreational spaces. Residents can explore the nearby parks, hike the scenic trails, or indulge in the local culinary delights that make this area a true foodie paradise. With easy access to downtown Austin and major highways, you can enjoy the best of both worlds—urban excitement and suburban tranquility.

If you’re looking for a home that offers not just a place to live but a lifestyle filled with creativity and community, South Austin is the perfect destination. Come discover your dream home in this enchanting region, where every day feels like a celebration of life!

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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