8315 Georgian Drive Austin, TX 78753

1 Bed
1,250 Sqft
19,980 Sqft lot
0.46 Acre lot
Status: Active
Property Type: Other
Year Built: 1939
Neighborhood: James P Wallace League Surv #5
Days on Website: 32

Property listed by eXp Realty 888-519-7431 (214) 949-8757

Description

Georgian in Austin, TX, is a fantastic investment opportunity for developers and investors alike. This multi-unit property features 2-4 units, each currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. Situated in a rapidly growing area, this property presents endless potential. Whether you’re looking to renovate and increase rental yields or start fresh with a complete redevelopment, this is the perfect canvas for your next project. Many investors in the area are capitalizing on the potential to scrape and rebuild, taking advantage of Austin’s robust real estate market. Don’t miss out on this rare opportunity to own a multi-unit property in a desirable Austin neighborhood with plenty of upside for future growth!

Open House

Property Details and Features

  • SeeRemarks
  • 1 total bedrooms
  • Built in 1939
  • Stories: 2
  • 1,250 sqft living area
  • VinylSiding
  • Two
  • Slab
  • 27 days on market
  • Listed on 2024-10-22
  • County: Travis
  • Subdivision: James P Wallace League Surv #5
  • 0.4587 acres
  • Area: 0.4587
  • CornerLot
  • FewTrees
  • Open
  • Private pool
  • CloseOfEscrow
  • Resale
  • Composition
  • Elementary School: Allison
  • Elementary School District: Austin ISD
  • Middle School: Bailey
  • Middle School District: Austin ISD
  • High School: Akins
  • High School District: Austin ISD
  • Annual Amount: $4,219
  • Year: 2023
  • SeeRemarks