5006 Grover Ave, Austin, TX 78756

$500,000 Asking Price

3 beds
2 baths
1,920  sqft
Built in 1950

Charming investment or renovation opportunity in prime central Austin Location! Nestled just north of 45th Street, between Burnet and Lamar, this centrally located property offers the best of Austin's vibrant lifestyle. With a short walk to popular spots like Central Market and Pinthouse Pizza, and easy access to a variety of local restaurants and shops, this home is perfectly situated for convenience. A quick 10-15 minute drive brings you to the Domain, making it a highly desirable location for both homeowners and investors. Investor Potential: This corner lot provides incredible potential for redevelopment or renovation. There's also the possibility of adding a second structure to the property, creating a condo association opportunity, etc - buyer to verify these possibilities. The flexibility of this property makes it ideal for those looking to maximize its value. Layout and Parking: The property features ample parking, with a paved area in the back that accommodates as many as 5-6 vehicles, a rare find in this neighborhood. The front section of the home features 2 bedrooms, and 1 bathroom, while the back of the house offers a separate 1-bedroom, 1-bath efficiency with its own entrance. The front and back sections each have their own kitchen, and the garage is located at the back of the property. Don’t miss this unique opportunity to create your dream home or amazing investment potential in the heart of Austin!

Features & Amenities

Interior

General:
Bar, Built-in Features, Ceiling Fan(s), Tile Counters, Gas Dryer Hookup, No Interior Steps, Pantry, Primary Bedroom on Main, Washer Hookup
Appliances:
Disposal, Gas Cooktop, Oven, Range
Laundry:
In Garage
Flooring:
Tile, Wood
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Exterior Steps
Other Structures:
Front Porch
Pool:
None
Parking:
Parking Lot, Parking spaces: 6

Construction

Roofing:
Composition, Shingle
Windows:
Screens
General:
One, Slab

Location

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

Lot

Zoning:
50X139.1FT OF BLK 32 WALLING PLACE, 02260407080000
View:
None
Fencing:
Back Yard, Gate, Partial, Wood

Utilities

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

Financial

Source:
actris

This listing courtesy of:
Record Realty, Christopher Kirk

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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