1407 DRAKE AVENUE, AUSTIN, TX 78704
Homes for sale in Austin.
Homes for sale in 78704.
1407 Drake Avenue
Austin, TX 78704
List Price$1,100,000
Listing #2357807
Lots / Land
Type
About This Property
The Fairview Portfolio -- Core Travis Heights Investment - This unique opportunity consists of five contiguous properties located just east of South Congress Avenue in the highly sought-after Travis Heights neighborhood. The portfolio includes ten residential units--eight of which are currently leased--providing immediate income and value-add potential. Situated in an unbeatable location with walkable access to South Congress dining, retail, and nightlife, these properties are ideal for buy-and-hold investors or developers exploring multi-unit redevelopment options.
Property Features
Location Information
County
Travis
Subdivision
Fairview Park
County
Travis
Directions
Heading south on South Congress Avenue, turn east on Monroe and south onto Drake Avenue
Area
6
Exterior Features
Is New Construction
No
Waterfront Description
None
Water / Sewer
Public Sewer
Has Waterfront
No
Water
Public
Has View
Yes
Lot Size in Acres
0.177
View
City
Zoning
SF-3
School
Elementary School District
Austin ISD
Middle School
Lively
Elementary School
Travis Hts
High School
Travis
Additional Information
Other Utilities
Cable Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, High Speed Internet Available, Water Connected
APN
03000110050000
Property Type
LL
Status
Active
Property SubType
Multiple Parcels
Documents Available
Aerial, Rent Rolls, Survey
Similar Listings
Mortgage Calculator
$5,135
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,963
Monthly Tax
$916
Monthly Insurance
$256
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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