$720,000
For Sale

1202 Loma #A & B Drive

Austin, TX 78741
1767 sqft | 0.19 acres | #1691558
Browse 38 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Incredible opportunity to own a unique property near downtown Austin featuring two fully equipped and beautifully maintained homes on one spacious 8,000 sqft lot zoned SF3/duplex. The main home offers 2 bedrooms and 1 bathroom with tall ceilings, a spacious living area, and a generous kitchen, while the second home is a full 1 bedroom, 1 bathroom guest house, perfect for rental income, guests, or extended family. Both homes are in excellent condition and offer great flexibility for either owner-occupants looking to live in one and rent the other, or investors seeking to lease both. The location provides unbeatable proximity to downtown, Lady Bird Lake, and all the best of Austin living, while the zoning allows for future development potential, including the option to scrape and build up to three new units with potential for expansive views of the downtown skyline and lake. Whether you're looking for a move-in-ready home with income potential, a buy-and-hold investment, or a rare development opportunity in a prime location, this property delivers exceptional value and versatility.

  • Property Details
      • Utility FeaturesElectricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
      • InteriorBuiltInFeatures, Ceiling Fans, MainLevelPrimary, MultiplePrimarySuites, Walk In Closets
      • Lot DescriptionCity Lot, Front Yard, Garden, Gentle Sloping, Native Plants, Few Trees, Views
      • ViewCity, Garden, Lake, Neighborhood
      • FoundationPillar Post Pier, Slab
      • Exterior MaterialsGarden, Private Yard
      • Elementary SchoolTravis Heights
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • SubdivisionSunnydale
      • Original List Price$720,000
      • MLS #1691558
      • MLS #1691558
      • Acres0.1862
      • Utility SourcePublic
      • Middle SchoolLively
      • High SchoolTravis
      • CountyTravis
      • Taxes Annual$9,347
      • Cost720000
      • Property SubtypeDuplex
      • Property ConditionResale
      • Square Feet1767
      • Year Built1953
      • Days on Market (Cumulative)1
      • Pets1

Location

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