1403 Waterloo TRL B, Austin, TX 78704

$389,900 Asking Price

2 beds
1 bath
780  sqft
Built in 1982

LOCATION, LOCATION, LOCATION! A RARE HOME-OWNER OR INVESTOR OPPORTUNITY!!Completely Updated 2/1 condo Nestled on a HUGE shaded cul-de-sac lot! This unit has been renovated with Natural Hardwood & Tile flooring throughout, Stainless Steel Appliances, Extended Granite countertops, Built-in computer desk, Recessed LED Lighting, Energy efficient windows, Custom Designed White Shaker Kitchen cabinets, and a Custom 6 ft. walk-in shower! Exterior features include a large backyard with private patio and an ample storage room adjacent to the front entry. First time on the market in 20 years and a rare opportunity for a homeowner or investor! This recently converted condo offers future owners several possibilities. Buyer can a) buy one side as a home, b) buy both sides and continue the leases (side A: $1750, side B: $1870), or c) buy both sides and opt to live in one side and lease or sell the other. The units have always been in demand and have never had an extended vacancy. Both sides are leased to responsible tenants who are currently on a month to month lease. Both sides have been scrupulously maintained by the same owners for 20 years. Both sides have UNUSUALLY LARGE LOTS (total: 0.26 acres) with 8-foot privacy fences perfect for pets, gardening, and/or outside activities, and the property is prominently elevated above street level. This quiet neighborhood is in the HEART - not the perimeter- of Austin’s activity, culinary and cultural life. The 78704 South Lamar (SOLA) area is close to downtown Austin, and premiere shopping and activity centers such as Whole Foods, HEB, Lady Bird Lake trail, Barton springs, Zachary Scot Theater, the Austin-Bergstrom airport (20 min), major highway arteries i.e. I35, MoPac, Hwys 71, 290, Loop 360 and most of Austin's best- and best-known restaurants.

Features & Amenities

Interior

General:
Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Storage
Appliances:
Dishwasher, Disposal, Gas Range, Microwave, Water Heater
Laundry:
In Unit,Laundry Closet
Flooring:
Tile, Wood
A/C:
Central Air
Heating:
Central, Natural Gas
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Gutters Partial, Private Yard
Other Structures:
Front Porch, Rear Porch
Pool:
None
Parking:
Carport, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
Double Pane Windows, Low Emissivity Windows, Vinyl Windows
General:
One, Slab

Location

Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
LOT 11 BLK B CINNAMON RIDGE, 04030707450000
View:
None
Fencing:
Privacy, Wood

Utilities

Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
All City Real Estate Ltd. Co, Tye Cobb

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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