701 West 25th Street
701 West 25th Street
$3,800,000
—
4,396
4,396
$864
Description
Seller Financing available -- One of the most prime if not the most prime locations in West Campus, Austin, Texas located on 25th St and Rio Grande in the University area of West Campus which is right by the University Of Texas. UT is one of the biggest universities nationwide, which is constantly growing. This area has hardly ever any vacancies due to the constant growth of the university and is perfect for those looking for constant income stream and consistent cashflow. This is located in University...Seller Financing available -- One of the most prime if not the most prime locations in West Campus, Austin, Texas located on 25th St and Rio Grande in the University area of West Campus which is right by the University Of Texas. UT is one of the biggest universities nationwide, which is constantly growing. This area has hardly ever any vacancies due to the constant growth of the university and is perfect for those looking for constant income stream and consistent cashflow. This is located in University Neighborhood Outlay (UNO) which allows for much more significant heights to be developed at this same location thus there is huge opportunity to develop this and increase the cap rate. Parking requirements are also removed and set back requirements are also removed allowing for more maximizing of the land space to building something bigger and higher and newer. Perfect buy for those looking for consistent source of income or someone looking to tear down and redevelop. Ideal location for a fraternity/ sorority house. Commercial zoning on Rio Grande allows for even more possibilities. 145 ft maximum height restriction. The Chimneys was originally built in 1979 by Dr. Robert Snider. It consists of six 1 bed/ 1 bath units and two 2 bedroom/ 2 bath units. All units were recently renovated. Dell Medical School, LBJ Library, St. Davids Hospital, UT fields and football stadium are an easy walk from here. Guadalupe, "The Drag" is just 2 blocks away which has a multitude of restaurants, shopping, hotels, grocery, live music, entertainment, and just about anything else you need.
- Listed by Michael Said • TREC #0448758 • eXp Realty, LLC • (888) 519-7431
Property Details for 701 West 25th Street
Subdivision Name
Watson
Building NameThe Chimneys
WaterfrontNo
ViewNone
View YNNo
Parcel Number02140108080000
Tax Lot2
Master on MainNo
Location
LISTING UPDATED: 01/03/2024 04:07 AM
Property Details for 701 West 25th Street
Status | Active |
---|---|
MLS # | 3295243 |
Days on Market | 115 |
Taxes | $32,991 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1979 |
Lot Size | 0.13 AC / 5,702 SF |
County | Travis County |
Location
Building Information for 701 West 25th Street
Stories2Residences-Year Built1979Building Size-Lot Size0.13 AC / 5,702 SF
Payment Calculator
$23,487 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 701 West 25th Street
Property History for 701 West 25th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 701 West 25th Street
Taxable ValueLand$855,150Additions$815,330Total$1,670,480
Tax Record2022$22,138 ($1,845 / month)
Home Facts
Total Finished SqFt4,396 SqFtAbove Grade Finished SqFt4,396 SqFtStories2Lot Size5,702 SqFtStyleMulti-Family Res (5+ Units)Year Built1979CountyTRAVISAPN0214010808Fireplace TypeHas Fireplace
Schools near 701 West 25th Street
This home is within Austin Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 12 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Bryker Woods Elementary School PublicPK to 5 | ||
Rosedale PublicPK to 12 | ||
Austin High School Public9 to 12 | ||
Garza Independence High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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