1505 W 12TH STREET, AUSTIN, TX 78703

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1505 W 12th Street

Austin, TX 78703

Status of the property has changed, please contact for details

List Price$1,395,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #3089502

3,030

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

This is an incredible opportunity right in the heart of Clarksville, the most sought after location in Old West Austin. An extremely well maintained, historic multi family property that has a total of 5 separate units that are always in high rental demand. The location of this oversized corner lot can not be beat, and it takes advantage of alley access and frontage on both W 12th Street and Eason Street. The Multifamily zoning provides even further development possibilities, and the best part of this property is its easy walkability to some of the most popular restaurants and coffee shops in the city. What a luxury and spectacular lifestyle to have Jeffreys, Josephine House, Cipollina, Medici, Taco Flats, Galaxy Cafe, and the Fresh Plus Grocery all right at your door step. The interior of the each unit has been lovingly cared for and recently updated with fresh kitchens, hardwood floors, high ceilings, and good separation of space so each tenant feels like they have their own private dwelling. The exterior has been recently painted and there is plenty of off street parking with multiple driveways, and a carport and storage area. The corner of the property is anchored by a beautiful live oak tree and the immediate blocks are full of quintessential Clarksville bungalows and high quality renovated homes that are some of the most sought after in town. Each unit is on its own separate meter, making it much more convenient for tenants to address their utilities, and yet another benefit of the multifamily zoning. Rarely will you find a property that has such a spectacular combination of an incredible location that is so close to downtown, the hike and bike trail, and easy access to all of the best restaurants, bars, coffee shops, and everything wonderful located on W 6th Street and West Lynn Street.

Property Features

Location Information

County

Travis

Subdivision

Shelley Heights 02

County

Travis

Directions

Right in the heart of Clarksville. From W Lynn, turn east at the W 12th Street light. The property is located just one block on the south side of W 12th Street. Corner lot with alley access.

Area

1B

Interior Features

Interior

Ceiling Fan(s), Crown Molding, Pantry, Storage, Natural Woodwork

Disabled Features

None

Number of Fireplaces

0

Appliances

Free-Standing Gas Oven, Refrigerator

Heating

Central

Total Number of Units

4

Floors

Tile, Wood

Accessibility

None

Laundry

Common Area

Exterior Features

Style

Clapboard

Parking Description

Carport, Off Street, Covered

Stories

2

Garage Spaces

0

Is New Construction

No

Fencing

Privacy, Wood

Construction/Exterior

Clapboard

Lot Size in Acres

0.18

Exterior

Exterior Steps, Rain Gutters, Uncovered Courtyard

Waterfront Description

None

Foundation

Slab

Has Waterfront

No

Water / Sewer

Public Sewer

View

Neighborhood

Water

Public

School

Elementary School District

Austin ISD

Middle School

O Henry

Elementary School

Mathews

High School

Austin

Additional Information

Roof/Attic

Asphalt

APN

01100202190000

Other Utilities

Electricity Available, Electricity Connected, Sewer Connected, Water Connected

Status

Active Under Contract

Property Type

RI

Pets

Cats OK, Dogs OK

Property SubType

Quadruplex

Documents Available

Survey

Year Built

1947

Square Feet Source

Public Records

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Mortgage Calculator

$6,513

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,026

Monthly Tax

$1,162

Monthly Insurance

$325

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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