Active Under Contract
3605 Menchaca RD
Austin TX, 78704
$1,700,000
$701.90 per sqft
Active Under Contract
2,422 sqft
Commercial
Built in 1952
List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired "04." This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy's Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It's the optimal time to lock in your investment in the heart of Austin!
1000174
MLSⓇ ID
January 17, 2024
Listed
May 15, 2024
Updated
Map
3605 Menchaca RD
Austin TX, 78704
Interior Features
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.7 Acres
Sewer
Public Sewer
Other Property Details
Area Name
6
Garage
No
Parking
On Site
View
Yes
View Description
City
County
Travis
Water Source
Public
Pool
No
Buyer Agency Compensation
2.75%
Listing History
Date | Event | Price |
---|---|---|
5/15/2024 | Under Contract | — |
3/4/2024 | Price Change | $1,700,000 -6% |
Courtesy of Compass RE Texas, LLC
Listing Contact: (512) 575-3644
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 5:37 PM UTC, 5/15/2024