$1,750,000
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1317 Newning Ave Austin, TX 78704
3 Beds
1 Bath
2,002 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,002 sqft
Price per Sqft $874
Subdivision Michaels Fairview Park 02
MLS Listing ID 4060461
Sold Date 10/25/21
Bedrooms 3
Full Baths 1
Originating Board actris
Year Built 1951
Annual Tax Amount $12,697
Tax Year 2021
Lot Size 0.269 Acres
Property Description
Shown by appt only. Seller Requires lease-back thru 3/31/22. This unique 0.269 acre, 11,718 sqft corner parcel is in an ideal Travis Heights location with 3 current dwelling units. The lot alone supports the list price. This lot should accommodate a 4000+ sqft new build home with a finished value of $5M+ (buyer to verify independently). But the existing homes are NOT teardowns.
The Primary house is 1317 Newning, a 3/1 with 1137 sqft. A true craftsman style classic. Second house next door is 1315 Newning, a 2/1 with 832 soft. A 3rd studio unit sits behind 1317. Walking distance to SoCo but far enough to avoid SoCo traffic/parking encroachment. Stacy Park/Pool is an easy walk. Minutes to downtown. All units in good, non-updated condition, livable as-is, but the large corner lot size present a compelling redevelopment opportunity or an owner-occupant remodel/rebuild with rental income opportunities. NOTE: Seller requires lease-back in 1317 Newning thru 3/31/2022. Existing front door Excluded, to be replaced. New Buyer survey will be needed, existing survey for reference only, does not show rear cottage. Preferred Title Kara - Independence Rollingwood.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 3
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Tile Counters, Electric Dryer Hookup, No Interior Steps, Primary Bedroom on Main, Washer Hookup, See Remarks
Heating Central, Natural Gas
Cooling Central Air
Flooring No Carpet, Tile, Wood
Fireplace Y
Appliance Free-Standing Gas Range, Water Heater
Exterior
Exterior Feature Exterior Steps, Private Yard
Fence Full, Privacy, Wood
Pool None
Community Features Playground, Pool, Walk/Bike/Hike/Jog Trail(s
Utilities Available Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Asbestos Shingle,Metal,Shingle
Accessibility None
Porch Deck, Front Porch, Patio, Rear Porch
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Public Maintained Road, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Faces West
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Wood Siding
New Construction No
Schools
Elementary Schools Travis Hts
Middle Schools Fulmore
High Schools Travis
Others
Restrictions Deed Restrictions,Zoning
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 2.22667
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Keller Williams Realty