1005 W Martin Luther King Jr Blvd, Austin, Texas, 78701
9Bed:
4Bath:
2,628 Sq FtLiving Area:
Save
Price
$ 1,05M
Show
6
more
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.
Protect Yourself FromRental Scams
While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.
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.