7503 Carriage Dr

Price: $400,000
Acreage: 0
Location: Austin, TX
County: Travis

7503 Carriage Dr, Austin, Texas 78752



Tommy Burt

Realtor®

817.475.0089

Contact Tommy

Carl Roland

Realtor®

817.475.3951

Contact Carl
THE FOUR SIXES RANCH

Property Description

Incredible opportunity in the heart of north central Austin in The Highland Neighborhood with convenient access to The Domain, Q2 Stadium, Mueller Community, The Triangle, The University of Texas, and only 6 miles from downtown. Multiple possibilities. The existing structure can be remodeled and expanded up to 4,357 square feet and include an ADU of up to 1,100 square feet. This .313-acre property is zoned SF-3 NP Family Residence. A recent feasibility analysis reports that the lot supports a duplex with up to 2,728 sq ft per side. The lot could be subdivided into Lot A (front lot) of 5,940 square feet and Lot B of 6,468 square feet. Lot A can reportedly support a main house of 1485 square feet and an ADU of 891 square feet. Lot B could support a main house of 1,617 square feet and an ADU of 970 square feet. Recent sales of new construction in this area support an average sales price of $429 per square foot, projecting an estimated potential of $2,340,000 in finished construction with the duplex scenario. The subdivision development scenario supports 4963 square feet of completed new construction. Recent sales of smaller new construction dwellings demonstrate an average sale price of $463 per square foot for a projected $2,300,000. All estimates are projections and due diligence regarding feasibility and financial projections is the buyer's responsibility.
PROVIDED BY
James DeLoney
Haven Path Realty LLC, 512-638-0903
MLS# 542486
Listing status: Active

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Burt Ladner Real Estate, as Broker, asserts that the information contained herein is submitted without representation or warranty. All information is subject to error, omission, price change, changes in terms and conditions, prior sale, withdrawal from the market without notice, etc. Buyers verify assertions. Appointments for viewing are to be scheduled with Burt Ladner Real Estate. Shown by appointment only. Buyer’s brokers must be identified on first contact, and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at the sole discretion of Burt Ladner Real Estate, Broker.