Price Reduction - Views
1305 Lorrain Street Austin, TX
$ 3,399,000
Property Attributes
  • MLS#3537370
  • TypeIncome
  • CountyTRAVIS
  • CityAustin
  • Area1B
  • NeighborhoodEnfield A
  • Zip78703
  • StyleQuadruplex
  • Year Built1918
  • Taxes$ 32557
  • Price$ 3,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6246
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
3 Creeks Real Estate, LLC
Data Source:
Austin Board of REALTORS
Property Description

Outstanding .46 acre buyer opportunity in the heart of Clarksville. Live in the main home or one of the duplex units, and enjoy rental income from all other units on the property. If you have a development in mind, MF-3 Zoning is in place with endless possibilities. The property includes a main home with five bedrooms and three baths, plus two additional buildings that house three 2/1 duplexes and storage spaces. All units are currently leased, and all leases expire on 7/31/2021. All showings need to be directly scheduled with the listing broker. Conceptual lot layouts are attached, but the feasibility of any and all projects must be verified by your own engineer and architect. Ask listing broker about ally access agreement and mailbox access. Seller to utilize a 1031 exchange. PLEASE DO NOT DISTURB THE TENANTS! THANK YOU!

Elementary School Middle School High School
Mathews Elementary School O Henry Middle School Austin High School
Price History
4/1/2021 Listed $3,599,000
4/20/2021 3% - $3,499,000
5/4/2021 3% - $3,399,000

General Features

Accessibility None
Appliances Range
Association Y/N No
Community Features None
Elementary School Mathews
Flooring Concrete, Tile, Wood
Garage Spaces 0.0
Heating Central
High School Austin
High School District Austin ISD
Interior Features None
Levels Two
MLS Area 1B
Middle/Junior High School O Henry
New Construction No
Parking Features None
Pets Allowed Yes
Pool Features None
Property SubType Quadruplex
Property Type ResidentialIncome
Roof Composition
Sewer PublicSewer
Special Listing Conditions Standard
Terms Cash, Conventional
View None
Waterfront Features None

Interior Features

Air Conditioning Y/N Yes
Fireplace Features None
Living Area 6246.0
Total Fireplaces 1

Exterior Features

Covered Spaces 0.0
Fencing Fenced, Partial
Foundation Details PillarPostPier
Horse Y/N Yes
Lot Dimensions 90 X 223
Lot Features BackYard, FrontYard, GentleSloping, InteriorLot, ModerateTrees, TreesMediumSize
Lot Size Acres 0.46
Lot Size Area 0.46
View Y/N No
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 78703

AVG $2.48M
AVG $19,710
AVG 67
Year Built
AVG 1923
AVG 71
Data Provided by Walkscore ® not using MLS data

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