$460,000 603 Peacock Ln Austin, TX

MLS: 2434752   Type: Commercial   County: Travis   City: Austin   Area: Austin - South   Neighborhood: Galindo   Zip: 78704     Taxes: $5,991

Mortgage $2,160 /mo



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Excellent redevelopment opportunity on a large (11,390+ SF) lot in HOT 78704 just off South First Street in the Galindo neighborhood. Zoned NO, but should be easy to rezone to SF-3 for development of a duplex/condo regime (many others in the area). 4,500 SF buildout at $290/SF to $350/SF = $1.3M to $1.575M in value potential (buyer to verify). Close to everything, walking distance to St. Edwards University, and restaurants and shops on South Congress, South First, and S Lamar, Dawson Elementary, and more.

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Price History

10/5/2016 Listed $575,000
10/17/2016 14% - $499,500
11/3/2016 4% - $480,000
1/6/2017 5% - $460,000

Area 6
Disability Features 0
Fema 100 Yr Flood Plain No
Property Sub Type See Agent
Region Austin - South
Subdivision Name Galindo
Terms Offered Cash, Conventional
Utilities Electricity on Property

Interior Features

Air Conditioning See Agent, Window Unit
Flooring Tile - Vinyl, Wood
Heating Central Heat, See Agent

Exterior Features

Foundation Details Pier & Beam
Freeway Highway Distance 1.1 to 2 miles
Land Description See Agent
Parking Common
Parking Ratio 2
Parking Spaces 2
Roof Composition Shingle
Sewer City at Street
View No View
Water Access 0
Water Source City
Waterfront Property 0

Property Schools

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Property vs Zip Code Avg (78704)

Price 460K Avg 698K

Taxes $5,991 Avg $8,925

Visits 97 Avg 55

Days on Site 105 Avg 195

Walkscore® 60 Avg 69

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Listing Provided Courtesy Of: Realty Austin

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Location & Address

eXp Realty Austin
9600 Great Hills Trail Suite 150W
Austin, TX