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Image 1 - 2502 Colby Cv, Austin, Texas, 78723 - House for sale
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Colby Cv, Austin, Home For Sale
2502 Colby Cv, Austin, Texas, 78723

Colby Cv, Austin, Home For Sale

house for sale
Listed: 08/29/24

2502 Colby Cv, Austin, Texas, 78723

4 Bed:
3 Bath:
2,459 Sq Ft Living Area:
Save
Price
$ 465,000
Price:  Lower

About This House

As-is sale on a giant lot in University Hills! Investor/developer special-- tons of opportunity and options for upcycling this property! Unique property with a single family home + an apartment built onto the back of it with its own kitchen, bath, living, bedroom, walk-in closet, HVAC,electric meter, etc. Fix and flip for generational living, a built in STR opportunity, or potentially put the property into a condo association and flip into two units for resale. OR teardown to rebuild in one of East Austin's most iconic neighborhoods. There could be potential to add a third dwelling unit, but buyer to verify. This home is in an estate--the executor has no knowledge of property condition other than what is visible. Shed does not convey.

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University Hills Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 4 bed houses for sale in/near University Hills, Austin, United States averaged $941,674, a decrease of 1% from the previous month.
Median price trends for properties for sale in University Hills, Austin, United States as of August 2024.

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.