307 Swanee DR, Austin, TX 78752

$1,300,000 Asking Price

3 beds
2 baths
960  sqft
Built in 1963

Significant investment potential awaits this 6,294 sf lot (per tax records) at the end of Swanee Drive at Upper Waller Creek in the heart of Austin, Texas. As times are changing, so are building restrictions. While already a Multifamily designation, restrictions have loosened on height restrictions, number of dwellings allowed on a single lot, lot size if subdivided, building materials and minimal setbacks as well. All new regulations can be confirmed with the City of Austin planning department. The building/zoning changes are part of the ETOD Overlay Subject Tract, due to Light Line, Code Amendment and rezoning case #C20-2023-004. The home would be an excellent rental property for the investor who’s not quite ready to build. Located near the busy Guadalupe/Airport intersection just SE of North Lamar, convenient to public transportation, shopping, dining, parks, schools and more. Within approximately 1 mile of IH 35 as well Hwy 183, and approximately 3 miles from Mopac! Downtown Austin can be seen to the South! This gorgeous lot would be ideal for multi-story or multi-dwelling construction. "As is" this 1960's bungalow is a pristine 3 bedroom, 2 and a half bathroom home with unique updates along with the original hardwood floors and more. The home includes a private back patio, a storage shed, a large carport and beautiful landscaping from fence to fence. Mature trees and plants occupy the property and the natural privacy along Waller Creek is some of the last of its kind in Central Austin.

Features & Amenities

Interior

General:
Ceiling Fan(s), Gas Dryer Hookup, Primary Bedroom on Main, Wired for Data, See Remarks
Appliances:
Dishwasher, Gas Range, Oven, Refrigerator, Washer/Dryer Stacked
Laundry:
Main Level
Flooring:
Tile, Wood
A/C:
Central Air, Electric
Heating:
Central, Natural Gas
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Exterior Steps, Private Yard, Storage
Other Structures:
Front Porch, Deck, Rear Porch, Covered
Pool:
None
Parking:
Carport, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
Screens
General:
One, Pillar/Post/Pier

Location

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

Lot

Zoning:
W 40FT OF LOT 13 BLK 6 SILVERTON HEIGHTS, 02311103110000
View:
Creek/Stream, Neighborhood
Fencing:
Wood

Utilities

Utilities:
Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris
Buyers Agent Compensation:
3.000 %

This listing courtesy of:
Star Tex Real Estate, Jessica Shelton

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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