Austin, TX 78705,501 Texas

$995,000

Est. payment /mo
Est.Price: ?

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501 Texas Austin, TX 78705

5 Beds

4 Baths

3,115 SqFt

SOLD DATE : 09/21/2023

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,115 sqft

Price per Sqft $280

Subdivision Harpers

MLS Listing ID 1807870

Sold Date 09/21/23

Style 1st Floor Entry,2nd Floor Entry

Bedrooms 5

Full Baths 4

Originating Board actris

Year Built 1922

Annual Tax Amount $21,694

Tax Year 2022

Lot Size 9,191 Sqft

Property Description

MULTIPLE OFFERS - Best and Final 6p Sunday, Sept 10th. First time on the market after over 50 years in the same family! 2/1 back upstairs just refreshed with new: carpet, paint, blinds, light fixtures, bathroom sink/vanity, toilet, fun shower surround tile, kitchen countertop + backsplash, painted kitchen cabinets. Rare opportunity combining a premiere location with an incredible historic (built in 1922) front house and two garage apartments in the rear. Located in the Hancock neighborhood near UT with a .21/acre corner lot. Front home on the lot has gorgeous front porch, recent updates (both structural and cosmetic) and while currently separated out into two 1 bedroom |1 bath units with full kitchens and living rooms, it could easily be converted and restored to original single family home. Many options for this one besides returning the front house into a single family home: owner occupy one of the units, continue revenue generating with existing longer term tenants, determine future development / building opportunities, etc. Currently, the two Family Dwelling lot is used as fourplex and has been for a very long time. Electric is metered separately. Front house roofing work completed in 2018 - new roof decking, shingles, rebuild of rafter supports and replaced facia board and trim. Front house (501 Texas) cosmetic updates Unit A: tile walk-in shower, bathroom penny tile flooring, vanity, laminate flooring, updated tile wall in kitchen, tiled front porch, blinds For B Unit upstairs updates: tile shower surround, vanity, some laminate flooring. Be sure to visit matterport walk-through tour for virtual walk-through of all 4 units: https://www.chrissyhand.com/501texas
Buyer to independently verify all information including but not limited to square footage, lot size, year built, zoning, building restrictions, taxes, schools, etc.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 2

Interior

Interior Features Laminate Counters, Gas Dryer Hookup, No Interior Steps, Primary Bedroom on Main, See Remarks

Heating Varies by Unit

Cooling Varies by Unit

Flooring Carpet, Concrete, Tile, Wood

Fireplace Y

Appliance Free-Standing Gas Range

Exterior

Exterior Feature Exterior Steps

Fence None

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront No

Waterfront Description None

View None

Roof Type Asphalt

Accessibility None

Porch Covered, Front Porch

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Curbs, Level

Faces North

Foundation Pillar/Post/Pier, Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Lee

Middle Schools Kealing

High Schools Mccallum

School District Austin Isd

Others

Restrictions City Restrictions

Ownership Fee-Simple

Acceptable Financing Cash, Conventional

Tax Rate 1.98

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Coldwell Banker Realty
Bought with Non Member

Albert Chen

Realtor, JD, ABR, CREN | License ID: 723026

+1(512) 789-9899

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