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7503 Carriage DR
Austin, TX, 78752
$400,000
3 Beds
2 Baths
1,110 SqFt
0.31 Acres
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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.

Property Details

Price:
$400,000
MLS #:
4651428
Status:
Active
Beds:
3
Baths:
2
Address:
7503 Carriage DR
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Holiday Hills Sec 01
City:
Austin
Listed Date:
Apr 25, 2024
State:
TX
Finished Sq Ft:
1,110
ZIP:
78752
Lot Size:
13,643 sqft / 0.31 acres (approx)
Year Built:
1960
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Schools

School District:
Austin ISD
Elementary School:
Brown
Middle School:
Webb
High School:
Navarro Early College

Interior

Appliances
See Remarks
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Linoleum, See Remarks
Heating
Central

Exterior

Community Features
None
Exterior Features
See Remarks
Other Structures
None
Parking Features
Carport, Covered
Roof
Shingle

Financial

Taxes
$9,354

Map

Community

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7503 Carriage DR
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