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Kelsey Bates

Realtor

  • Office (512)410-8037
  • Cell (512) 420-6676
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1305 Lorrain Street, Austin, TX – $2,995,000

  • $3M Price
  • 6,246 Sqft
  • .46 Acres
  • 86 DOM
  • $3M Price
  • 6,246 Sqft
  • .46 Acres
  • 86 DOM

1305 Lorrain Street

Large 0.5ac in Clarksville with alley access, a truly unique find. MF3 zoned. 6,246 sqft livable space, currently getting ~$16k+/month in rents. All units are leased until Aug 2024 with option to renew. New rents for 2024 will be ~$17k/month. Multiple options for residential or multifamily conversion with multiple uses. Would make an amazing residential compound, huge remodel potential and abundant space for a pool, multi car garage, outdoor terraces etc. Sale prices for newly remodeled or new construction in Clarksville range from $1000+ per sq ft, lucrative investment opportunity. Prime location with downtown, UT campus, and Ladybird lake in walking distance. Views of downtown and UT possible with redevelopment.

Essential Information

  • MLS® #9833853
  • Price$2,995,000
  • Bathrooms0.00
  • Square Footage6,246
  • Acres0.46
  • Year Built1918
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address1305 Lorrain Street
  • SubdivisionEnfield A
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78703

Amenities

  • FeaturesStorage Facilities
  • # of Garages3
  • ViewNone
  • WaterfrontNone

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

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

Interior

  • InteriorConcrete, Tile, Wood
  • HeatingCentral
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Appliances

Dishwasher, Disposal, Gas Range, Gas Water Heater, Oven, Range, Range Hood

Exterior

  • Exterior FeaturesExterior Steps, Private Yard
  • RoofComposition
  • ConstructionFrame, Stone Veneer
  • FoundationPillar/Post/Pier

Lot Description

Back Yard, Front Yard, Gentle Sloping, Interior Lot, Moderate Trees, Trees Medium Size

School Information

  • DistrictAustin ISD
  • ElementaryMathews
  • MiddleO Henry
  • HighAustin

Listing Details

  • Contact Details(512) 762-8669
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Price Change History for 1305 Lorrain Street, Austin, TX (MLS® #9833853)

Date Details Change
Price Increased from $2,895,000 to $2,995,000 $100,000 (3.45%)
Price Reduced from $2,995,000 to $2,895,000 $100,000 (3.34%)
Price Reduced from $3,195,000 to $2,995,000 $200,000 (6.26%)
Price Reduced from $3,295,000 to $3,195,000 $100,000 (3.03%)

Property Listed by: Resavvy LLC

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 13th, 2024 at 11:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.