4900 Merritt DR

Austin, TX, 78744

$1,500,000

$480 per ft²
$1,500,000
$480 per ft²
Active
Active
 - For Sale
carpenters-square
3,120 ft²
property_type
Multi-family
calendar
Built 1982
The value is in this land and the zoning that is already in place. Must see this huge investment opportunity that is already producing income! The current generated income is $4800 a month with a potential income of $5500-6000. Generate your income while planning your redevelopment. Also selling the quadruplex next door(4900/4902). Zoned LR-MU-NP. Future land use: picture shops on the 1st floor with condos above, mixed-used, office, transportation, etc. in the future land use could be a convenience store. Total land for both lots is approximately .6957 total acres.
MLS® ID:
8989824
Listed:
8/29/22
Updated:
9/26/22
Douglas Elliman Austin
Tricia Tumlinson

Interior Features

Kitchen Appliances
Cooktop, Oven, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Open Floorplan, Wired for Data
Floor Description
Carpet, Laminate, Vinyl
Cooling
Central Air
Heating
Central, Natural Gas

Exterior/Building Features

Lot Size
0.3 acres lot
Exterior Features
None, Covered, Patio, Porch, See Remarks
Lot Details
Trees-Medium (20 Ft - 40 Ft)
Roof
Composition
Sewer
Public Sewer

School Information

School District
Austin ISD
High School
Travis
Middle/Jr High
Mendez
Elementary School
Houston

Other Property Details

Area Name
11
Taxes
$8835
Tax Frequency
per YEAR
HOA Amenities
None
Garage
No
Parking
Additional Parking
View
Y
County
Travis
Utilities
See Remarks
Water Source
Public
Pool
No
Pool Description
None

Courtesy of AustinRealEstate.com

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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2022 (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 8:51 PM UTC, 9/26/22

 

Douglas Elliman Austin
Tricia Tumlinson
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