1142 Mansell Avenue

Austin, TX 78721
$425,000
1712 sqft | 0.19 acres | #5414374

Description

Investor's Dream in East Austin: Prime Corner Lot with Huge Potential Situated in the vibrant and rapidly developing East Austin, this duplex offers a unique investment opportunity. While the property requires complete renovation and not all appliances are present, the potential here is unmatched. This corner lot, with dual access from Mansell and Delores, enhances the property's accessibility and development options. Located just 3.5 miles from the Texas Capitol and approximately 3 miles from Houston-Tillotson University and the iconic Franklin BBQ, the location is ideal for those looking to be close to Austin's landmarks. One of the most appealing aspects for investors is the possibility to build a third unit on the lot, maximizing the return on investment (buyer to verify with City of Austin). Furthermore, this property represents the final house in the area awaiting renovation, surrounded by updated and newly built properties, marking a milestone in the neighborhood's gentrification process. This property is not just an opportunity for renovation but a chance to be part of East Austin's ongoing transformation.

  • Interior Details
    • Interior Features
      • Interior:No Interior Steps, Open Floorplan, High Speed Internet
  • Property Details
    • Property
      • Lot description:Corner Lot
      • Exterior materials:No Exterior Steps
    • Measurements
      • Acres:0.1906
      • Square Feet:1712
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1985
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Above Ground Utilities, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Eastfield
    • Location
      • School district:Austin ISD
      • Elementary School:Norman-Sims
      • Middle School:Martin
      • High School:Northeast Early College
      • County:Travis
  • Financial Details
    • Pricing Details
      • Original List Price:$450, 000
      • Days on Market (Cumulative):93
      • Taxes annual:$7, 622
  • Restrictions
    • Pets
      • Pets:1
  • Other
    • Source
      • MLS #:5414374

Location

Alyssa GriffethReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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