5610 Hudson, Austin, TX 78721

$450,000 Asking Price

1 bed
1 bath
910  sqft
Built in 1935

Discover the exceptional potential of 5610 Hudson Street—and don't miss the opportunity to pair it with its neighboring lot at 5608 Hudson Street, creating the perfect small development project to build up to 6 units! Both lots are 0.2+ acre each. Situated in the vibrant heart of Central East Austin's sought-after 78721 ZIP code, this property is a rare gem. Under the new HOME code, you can build three dwelling units per lot, each approximately 1,900 square feet, with projected ARVs ranging from $750K to $775K per unit. Whether you’re an investor or developer, the profit potential is incredibly enticing. Build all six units, sell for top dollar, or keep a unit for yourself and leverage rental income from the others! This is your chance to capitalize on Austin's thriving market and establish a prime foothold in this rapidly evolving neighborhood. The existing bungalow on 5610 Hudson provides an option to preserve its nostalgic charm or start fresh with modern construction. This property is not builder-restricted, giving you complete freedom to bring your vision to life. For those seeking guidance, the agent can provide builder referrals and bids to streamline your project. Adding even more appeal, a new development plan for Hudson Street has been approved, promising enhanced sidewalks and inviting streetscapes that will elevate the community atmosphere for years to come. See attached article. https://www.austinmonitor.com/stories/2022/06/planning-commission-supports-first-phase-of-east-austin-development/ Don’t miss this unparalleled opportunity to create a bespoke residential development in one of Austin’s most dynamic and desirable areas. Contact the agent today to unlock the potential of this prime East Austin location! Survey available. Buyer to complete all due diligence. Contact the agent for more details and walk the lot with the new construction specialist agent!

Features & Amenities

Interior

General:
See Remarks
Appliances:
None
Laundry:
See Remarks
Flooring:
See Remarks
A/C:
See Remarks
Heating:
See Remarks
Fireplace:
Fireplaces: 0
Eco/Green Feature:
See Remarks, Other/See Remarks

Exterior

General:
See Remarks
Other Structures:
None
Pool:
See Remarks
Parking:
See Remarks, Parking spaces: 0

Construction

Roofing:
See Remarks
Windows:
See Remarks
General:
One, See Remarks

Location

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

Lot

Zoning:
ABS 22 SUR 29 TANNEHILL J C ACR 0.428 (PT OF TRT 36), 02072204070009
View:
See Remarks
Fencing:
See Remarks

Utilities

Utilities:
See Remarks
Water:
See Remarks
Sewer:
See Remarks

Financial

Source:
actris

This listing courtesy of:
Compass RE Texas, LLC, Darsh Parikh

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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