Under Contract

Active Under Contract

1305 Lorrain ST

Austin TX, 78703

$2,595,000


$415.47 per sqft

Under Contract

Active Under Contract

6,246 sqft

Multi-family

Built in 1918

Motivated Seller. Seller financing is available with an assumable 4.5% mortgage. Amazing Large 6 bed 3 bath house + three 1100 sq feet 2 bed 1 bath separate units on a large lot in an amazing location. The house has an exceptional kitchen, hardwood floors, high ceilings, large open windows, and a cozy patio with an enclosed backyard surrounded by tall shaded trees, located in the sought-after Clarksville area, close to Whole Foods Market and just a 5-minute drive to downtown Austin, UT and easy access to MoPac. The main house or any one of the 2/1s behind can be owner-occupied and the rest rented for a great cash flow while living in one of the best central areas of Austin. All units are currently leased until August 2025. Lots of possibilities from upgrades to Cap X or adding additional sq footage or units to the existing property.

9833853

MLS ID

January 18, 2024

Listed

July 13, 2024

Updated

Map

1305 Lorrain ST
Austin TX, 78703

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Gas Dryer Hookup, Eat-in Kitchen, Interior Steps, Multiple Living Areas, Pantry, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup


Appliances

Dishwasher, Disposal, Gas Range, Oven, Range, RNGHD, Water Heater-Gas


Floor Description

Concrete, Tile, Wood


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.46 Acres


Exterior Features

Exterior Steps, Private Yard


Lot Features

Back Yard, Front Yard, Gentle Sloping, Interior Lot, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate


Roof

Composition


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Austin


Elementary School

Mathews

Other Property Details

Area Name

1B


Garage

Yes


Garage Spaces

3


Parking

Alley Access, Attached, Carport, Covered, Garage, Off Street


View

No


View Description

None


County

Travis


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

6/29/2024

Under Contract

6/12/2024

Price Change

$2,595,000

-4%

Courtesy of Resavvy LLC

Listing Contact: (512) 762-8669

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (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 12:39 PM UTC, 7/13/2024

 

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