PRICE IMPROVED - BRING YOUR BEST OFFER - SELLER WILL CONSIDER TRADE OPTIONS - See video here - https://www.youtube.com/watch?v=0bi9P2d-XKM - A Rare Opportunity on Over an Acre in Austin's High-Growth Corridor / Discover a unique 1.09-acre property offering exceptional flexibility and potential in one of Austin's most dynamic areas. The home consists of 3 bedrooms & 1 bath in the front, with an entire separate living area in back with 2 separate entrances, the back consists of 1 1/2 baths, living room, and 4 other rooms which can serve as bedrooms or office space. These bonus rooms at the rear of the home are tenant-occupied, generating additional monthly income presently. Listed both as a residential and commercial opportunity, this beautiful parcel is currently home to a well-maintained residence but is now zoned LR-MU-CO-NP--allowing for a wide range of residential, mixed-use, and commercial developments. Perfect as a covered land play, the existing home can generate income while you plan and pursue future development. Whether you envision creating a boutique residential community, a mixed-use project, or a destination commercial space, the possibilities are truly abundant. Surrounded by exciting new development and increasing density, this property stands out as a rare find in a rapidly growing part of the city. With its strategic zoning, desirable location, and significant lot size, it's poised to deliver both immediate value and long-term upside for investors, developers, or those seeking a unique live-work opportunity. Endless potential, a prime Austin address, and a canvas for your vision -- this is the one you've been waiting for. All values are taken from public records and should be verified.
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Location
500 North Bluff DR, Austin, TX 78745
Status
For Sale
Property Amenities
Interior
FlooringConcrete, Tile, Wood
Area & Lot
Total area5,682 Sq.Ft.
Lot Area1.09 Acres
Living area5,682 Sq.Ft.
MLS® ID8491230
Year Built1947
TypeCommercial
StatusFor Sale
Exterior
Air conditioningCentral Air
Heat typeCentral
Disability FeaturesNone
Water SourcePublic
SewerPublic Sewer
ParkingDirect Access, Driveway, Gated, On Site, Paved
UtilitiesElectricity Available, Internet-Cable, Natural Gas Available, Propane
Finance
Sales Price$1,635,000
Real Estate Tax$3,146 yearly
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Bernardo has great capacity to understand and deliver on the requests of his clients needs, and works relentlessly to ensure that every detail of every transaction is executed efficiently and professionally.