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Image 1 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 2 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 3 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 4 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 5 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 6 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 7 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 8 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Image 9 - 1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701 - House for sale
Home For Sale In Austin, Texas
1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701

Home For Sale In Austin, Texas

house for sale
Listed: 06/11/24

1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701

9 Bed:
4 Bath:
2,628 Sq Ft Living Area:
Save
Price
$ 1,05M

About This House

Fantastic duplex house located in the highly sought-after Judges Hill area right next to West Campus. This property features two units with spacious layouts and a shared, large open backyard. With a bit of TLC, rents can be doubled. Remodeling the 6/3 unit A can yield you$7, 800to $8K per month rent and remodeling unit B can yield you$3, 900to $4K rent. The lot is very large11, 167sq feet, with 80 feet of frontage. the new SF3 zoned regulations allow for the lot to be subdivided into three3, 722sq feet lots so the land value and redevelopment potential here is huge. Also, MLK is likely to be rezoned to TOD ( transit-oriented district) which would further expand the redevelopment potential. This is a tremendous covered land play.

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West Campus Housing & Living

Household Income

Median household income: $71,543
Number of households: 390,395
The average household income in Austin, TX grew from $67,755 to $71,543 in the past year. This data is an estimate based upon 390,395 households in Austin, TX.
The chart below presents how household income is distributed in Austin, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Austin, TX compared to median property taxes around the country. The prevalent amount of property taxes in Austin, TX equals $3k+ , which is more than the national average.