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2502 Colby Cv, Austin, TX 78723
$465,000 Sale Pending
2502 Colby Cv, Austin, TX 78723View this property at 2502 Colby Cv, Austin, TX 78723
2502 Colby CvAustinTX78723
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Property Description
As-is sale on a giant lot in University Hills! Investor/developer special-- tons of opportunity and options for upcycling this property! Unique property with a single family home + an apartment built onto the back of it with its own kitchen, bath, living, bedroom, walk-in closet, HVAC, electric meter, etc. Fix & flip for generational living, a built in STR opportunity, or potentially put the property into a condo association & flip into two units for resale. OR teardown to rebuild in one of East Austin's most iconic neighborhoods. There could be potential to add a third dwelling unit, but buyer to verify. This home is in an estate--the executor has no knowledge of property condition other than what is visible. Shed does not convey.
Full Property Details
Full Property Details for 2502 Colby Cove
General
- Price: $465,000
- Taxes: $7,389 (2023)
- Status: Pending
- Type: Single Family
- MLS ID: 8080592
- Updated: 5/13/2024
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Washer Hookup
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Disposal, Microwave, Free-Standing Refrigerator
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Kitchen: Bar, Main
- Laundry: Inside
Additional Information
- Security/Safety: Smoke Detector(s)
- Other Features: None
Parking
- Garage: Yes
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Attached, Garage, Garage Faces Front
Location
- Area: 3
- County: Travis
- Subdivision: University Hills West
- Driving Directions: I-35 TO 290 E, TAKE EXIT TO BERKMAN DR. TURN RT ONTO NORTHEAST DR. , TURN LEFT ONTO CREIGHTON LN, TAKE 1ST LEFT ONTO COLBY COVE
- Direction Faces: North
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Andrews
- Middle School: Pearce Middle
- High School: Lyndon B Johnson (Austin ISD)
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Exterior Const.: Brick
- Foundation: Slab
- Roof: Composition, Shingle
- Windows: See Remarks
- Disability Access: None
- Square Feet: 2,459
- Living Area: 2,459 Sq. Ft.
- Year Built: 1964
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Creek/Stream
- Lot Size (Acres): 0.4154
- Lot Size (Sq. Ft.): 18,094.82
- Lot Features: Back Yard, Few Trees, Front Yard
- Lot Description: Back Yard, Few Trees, Front Yard
- Fencing (Description): Back Yard
Water Features
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $25.7
- Tax Amount: $7,389.98
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Survey
- Property ID: 2262302090000
Listed by RE/MAX Fine Properties
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Schools
Schools serving 2502 Colby Cove
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
6801 Northeast Dr, Austin, TX 78723 | PK-5 | 0.3 mi | |
601 E Saint Johns Ave, Austin, TX 78752 | 6-8 | 2 mi | |
7309 Lazy Creek Dr, Austin, TX 78724 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2502 Colby Cove
Date
Details
Price
Change
Source
5/02/2024
Listed
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2502 Colby Cove
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,049
—
$543,275
-17%
2022
$3,049
-1%
$650,752
93%
2021
$3,065
-55%
$337,567
10%
2020
$6,833
4%
$306,879
10%
2020
$6,582
18%
$278,981
10%
2018
$5,571
19%
$253,619
10%
2016
$4,674
-9%
$230,563
10%
2017
$5,142
18%
$209,603
10%
2015
$4,375
—
$190,548
3%
2013
$4,361
—
$185,660
5%
2013
$4,361
—
$177,036
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2502 Colby Cove
2502 Colby Cv, Austin, TX 78723 (MLS# 8080592) is a Single Family property with 4 bedrooms and 3 full bathrooms. 2502 Colby Cv is currently listed for $465,000 and was received on May 02, 2024. Want to learn more about 2502 Colby Cv? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.