2502 Colby CV, Austin, TX 78723

$430,000 Asking Price

4 beds
3 baths
2,459  sqft
Built in 1964

As-is sale on a giant lot in University Hills! Investor/developer special-- tons of opportunity and options for upcycling this property! Unique property with a single family home + an apartment built onto the back of it with its own kitchen, bath, living, bedroom, walk-in closet, HVAC, electric meter, etc. Fix & flip for generational living, a built in STR opportunity, or potentially put the property into a condo association & flip into two units for resale. OR teardown to rebuild in one of East Austin's most iconic neighborhoods. There could be potential to add a third dwelling unit, but buyer to verify. This home is in an estate--the executor has no knowledge of property condition other than what is visible. Shed does not convey.

Features & Amenities

Interior

General:
Bookcases, Built-in Features, Ceiling Fan(s), Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Washer Hookup
Appliances:
Dishwasher, Disposal, Microwave, Free-Standing Refrigerator
Laundry:
Inside
Flooring:
See Remarks
A/C:
Central Air
Heating:
Central
Fireplace:
Family Room, Fireplaces: 1
Eco/Green Feature:
None, None

Exterior

General:
None
Other Structures:
None
Pool:
None
Parking:
Attached, Garage, Garage Faces Front, Parking spaces: 2

Construction

Roofing:
Composition, Shingle
Windows:
See Remarks
General:
One, Slab

Location

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

Lot

Zoning:
LOT 30 UNIVERSITY HILLS WEST, 02262302090000
View:
Creek/Stream
Fencing:
Back Yard

Utilities

Utilities:
Electricity Available, Sewer Available, Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
RE/MAX Fine Properties, Hope Teel

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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