105 Florence DR, Austin, TX 78753

$259,000 Asking Price

3 beds
1 bath
1,128  sqft
Built in 1953

This property offers a fantastic investment opportunity in the heart of Austin, just a 14-minute drive to downtown and 16 minutes to the airport. With tenants already in place, generating $1,500 per month, this property is a solid income producer. The current lease runs through January 31, 2025. The home can be remodeled to enhance its value and rental potential, or you can take advantage of the lot’s redevelopment possibilities. Zoned SF3, this nearly 12,000 square foot (0.27 acre) lot provides ample space for building a duplex or an accessory dwelling unit (ADU). This property offers numerous opportunities at a competitive price point in a central Austin location. Buyers are encouraged to conduct their own due diligence. Owner financing may be available with a suitable offer.

Features & Amenities

Interior

General:
Ceiling Fan(s), Open Floorplan, Primary Bedroom on Main, Washer Hookup
Appliances:
Gas Range, Free-Standing Gas Oven, Free-Standing Refrigerator, Water Heater
Laundry:
Inside
Flooring:
Linoleum
A/C:
Central Air, Electric
Heating:
Central, Natural Gas
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Private Yard
Other Structures:
None
Pool:
None
Parking:
Parking spaces: 4

Construction

Roofing:
Asphalt
Windows:
None
General:
One, Slab

Location

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

Lot

Zoning:
LOT 10, Georgian Acres Estate, 240550
View:
None
Fencing:
Chain Link, Fenced, Wood

Utilities

Utilities:
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
Wilder Realty LLC, Blake Wilder

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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