7503 Carriage DR Active

Austin,TX 78752

$ 400000

3 Beds

2 Baths

1110 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,110 sqft

Price per Sqft $360

Subdivision Holiday Hills Sec 01

MLS Listing ID 4651428

Bedrooms 3

Full Baths 2

Year Built 1960

Annual Tax Amount $9,353

Tax Year 2022

Lot Size 0.313 Acres

Property Description

Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. The existing structure can be remodeled and expanded up to 4,357 square feet and include an ADU of up to 1,100 square feet. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area support an average sales price of $429 per square foot, projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.

Location

State TX

County Travis

Interior

Heating Central

Cooling Central Air

Flooring Carpet,Linoleum,See Remarks

Exterior

Exterior Feature See Remarks

Garage Spaces 2.0

Fence Back Yard

Pool None

Community Features None

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

Waterfront No

Waterfront Description None

View None

Roof Type Shingle

Building

Lot Description Cul-De-Sac,Trees-Large (Over 40 Ft),See Remarks

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Vinyl Siding

New Construction No

Schools

Elementary Schools Brown

Middle Schools Webb

High Schools Navarro Early College

School District Austin Isd

Others

Special Listing Condition Standard

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