516 Terrace DR

Austin, TX, 78704

$1,225,000

$468 per ft²
$1,225,000
$468 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
4 Beds
baths
4 Baths
carpenters-square
2,612 ft²
property_type
Residential
calendar
Built 1935
Exceptional, unique, meticulously maintained property in the heart of Travis Heights. One single-family home and one duplex totaling three separate units ,perfectly positioned on a prime corner lot, afford the owner ultimate flexibility in terms of property use. The striking 2/2 single family home situated above the duplex boasts spectacular tree-top views, courtesy of the second and third story decks designed by the lead architect responsible for the Lady Bird Lake Boardwalk. The thoughtful updates to this 1292 SF converted garage apartment include a well-appointed first-floor secondary suite with an oversized, luxurious walk-in shower. The main-level second-floor retains its original charm with beautifully refinished hardwood floors throughout the living room, dining area and the primary suite. Modern touches highlight the updated galley kitchen with Silestone counters, stainless steel appliances and glass shelving. The restored and modernized 1935 1/1 duplex units with gorgeous original hard wood flooring and custom tile work are 660 SF each, per TCAD. Each duplex unit overlooks the Blunn Creek Trail and Little Stacy Park and has a private shaded patio or deck, a generous kitchen with ample storage and a spacious living, bedroom and dining area, the latter of which for both current tenants is being used as ideal work-from-home office space. Two minutes to South Congress and 6 minutes to downtown and Lady Bird Lake, there is no better location to enjoy all that Austin has to offer. All three units currently have leases in place allowing you to collect income while deciding how best to make the property your own. Contact Agent for more details.
MLS® ID:
2453011
Listed:
7/19/22
Updated:
9/27/22

Interior Features

Kitchen Appliances
Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Gas Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Heater-Gas
Total Bedrooms
4
Full Bathrooms
4
Interior Features
2 Primary Baths, 2 Primary Suites, Built-in Features, Ceiling Fan(s), High Ceilings, Quartz Counters, Tile Counters, Gas Dryer Hookup, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Stackable W/D Connections, Washer Hookup
Floor Description
Carpet, Tile, Wood
Cooling
Ceiling Fan(s), Central Air
Heating
Central

Exterior/Building Features

Lot Size
6,490 ft² lot
Exterior Features
Balcony, Exterior Steps, Gutters Full, Covered, Deck, Porch, See Remarks, Guest House
Lot Details
Back Yard, Corner Lot, Front Yard, Gentle Sloping, Xeriscape
Roof
Composition, Metal, Shingle
Sewer
Public Sewer

School Information

School District
Austin ISD
High School
Travis
Middle/Jr High
Lively
Elementary School
Travis Hts

Other Property Details

Area Name
6
Taxes
$14337
Tax Frequency
per YEAR
HOA Amenities
Park, Walk/Bike/Hike/Jog Trail(s
Garage
No
Parking
Off Street
View
Y
County
Travis
Utilities
Electricity Available, Natural Gas Available
Water Source
Public
Pool
No
Pool Description
None

Property History

Date
Event
Price
Value
9/26/22
Active Under Contract
-
-
8/26/22
Active
-
-
7/29/22
Active Under Contract
-
-

Courtesy of Luxon Realty Services

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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2022 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 8:01 PM UTC, 9/27/22

 

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