903 E 3rd ST, Austin, TX 78702

$4,000,000 Asking Price

4 beds
2 baths
2,276  sqft
Built in 1900

Incredible opportunity to own .31 acres a block from IH-35 in the heart of Downtown. This rare find consists of 2 lots side by side at 903 and 905 E 3rd St. 905 has a historic 2 bd 1 bath home that has been completely remodeled with upgraded finishes. 903 is also an updated 2/1 and is currently being used as a studio/office. Both properties are fully fenced and gated with private access from the carriage lane. Zoned as SF-3 – this would be perfect for short term rental or redevelopment. Per new city code - up to 6 units could be developed for increased revenue opportunities.

Features & Amenities

Interior

General:
Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, French Doors, High Speed Internet, Kitchen Island, Natural Woodwork, No Interior Steps, Primary Bedroom on Main, Recessed Lighting
Appliances:
Cooktop, Oven, RNGHD, Refrigerator
Laundry:
Main Level
Flooring:
Wood
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Exterior Steps, Gutters Full, Private Entrance, Second Residence, Shed(s)
Other Structures:
Front Porch, Covered
Pool:
None
Parking:
Driveway, Gated, Off Street, Open, Outside, Paved, Private, See Remarks, Parking spaces: 2

Construction

Roofing:
Metal
Windows:
Drapes, Double Pane Windows
General:
One, Pillar/Post/Pier

Location

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

Lot

Zoning:
W 23FT OF LOT 10 *& E 33 FT OF LOT 11 BLK 3 OLT 17 DIV O HARRINGTON SUBD, 02040507020000
View:
City, City Lights, Downtown
Fencing:
Fenced, Gate, Wood

Utilities

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

Financial

Source:
actris
Buyers Agent Compensation:
3.000 %

This listing courtesy of:
Moreland Properties, Monica Painter

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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