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7503 Carriage DR,  Austin TX, 78752

(Active)
$500,000
|
|
MLS# 5655125

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Last Updated: 5/5/2024 9:50 AM
Description for 7503 Carriage DR Austin, TX 78752
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. 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 of dwellings of 2500 sq ft 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.
Price
$500,000
Holiday Hills Sec 01
Travis
5655125
Active
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. 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 of dwellings of 2500 sq ft 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.
Listing Information
Property Type: Land, Other
0.31 Acres
Holiday Hills Sec 01
Public
Public Sewer
Neighborhood
School Information
Brown Webb Navarro Early College
Room Information
Exterior / Lot Features
SF3 NP Family Residence
City Lot
Driving Directions
From I-35, take the St Johns exit. Go to Norhtcrest for a right turn. Go to Cinderella st, to Carriage.
Financial Considerations
02321210180000
$8,569
Cash, Conventional
Listing Price History

Austin Real Estate

Austin is located in Texas. Austin, Texas 78752 has a population of 986,248.

The median household income in Austin, Texas 78752 is $49,533. The median household income for the surrounding county is $83,177 compared to the national median of $66,222. The median age of people living in Austin 78752 is 36 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/25/2024 Active $500,000  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2022 -   USD - $609,471   USD -5.18%
2021 -   USD - $642,744   USD 64.21%
2020 -   USD - $391,421   USD 10.00%
2019 $6,938   USD 7.42% $355,837   USD 10.00%
2018 $6,459   USD 9.12% $323,488   USD 10.00%
Courtesy: eXp Realty, LLC, (888) 519-7431
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/5/2024 9:50 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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