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3605 Menchaca Rd, Austin, TX 78704
$1,700,000
3605 Menchaca Rd, Austin, TX 78704View this property at 3605 Menchaca Rd, Austin, TX 78704
3605 Menchaca RdAustinTX78704
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Property Description
List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired "04." This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy's Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It's the optimal time to lock in your investment in the heart of Austin!
Full Property Details
Full Property Details for 3605 Menchaca Rd
General
- Price: $1,700,000
- Taxes: (2023)
- Status: Active
- Type: Commercial
- MLS ID: 1000174
- Updated: 3/4/2024
- Added to Site: 104 day(s) ago
Interior
- Flooring: Tile, Wood
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: None
- Other Features: See Remarks
Parking
- Total Spaces: 5
- Parking Features: On Site
- Parking Ratio: 2
Location
- Area: 6
- County: Travis
- Subdivision: Slider Courtney A
- Driving Directions: From 290 westbound exit Manchaca.Turn right on Manchaca. Property will be on your right.
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: HardiPlank Type, See Remarks
- Foundation: Slab
- Disability Access: None
- Square Feet: 2,422
- Current Bldg. Use: Mixed Use, See Remarks
- Year Built: 1952
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: City
- Lot Size (Acres): 0.6963
- Lot Size (Sq. Ft.): 30,330.83
- Lot Size Source: Public Records
- Zoning: LO MF-2
Financial Considerations
- Lot Price Per Sq. Ft.: $56.05
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.75%
- Documents Avail.: See Remarks
- Restrictions: Deed Restrictions, Zoning, See Remarks
- Inclusions: Building & Land
- Property ID: 4040904270000
Listed by Compass RE Texas, LLC
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Schools
Schools serving 3605 Menchaca Rd
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
4500 Manchaca Rd, Austin, TX 78745 | PK-5 | 0.8 mi | |
3700 Convict Hill Rd, Austin, TX 78749 | 6-8 | 3.6 mi | |
5601 Manchaca Rd, Austin, TX 78745 | 9-12 | 1.8 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 3605 Menchaca Rd
Date
Details
Price
Change
Source
3/04/2024
Price Reduced
$1,700,000
-5.56%
MLS
1/17/2024
Listed
$1,800,000
—
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 3605 Menchaca Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$23,798
—
$1,582,850
31%
2022
$23,798
-6%
$1,205,015
4%
2021
$25,195
-4%
$1,157,485
-2%
2020
$26,270
1%
$1,179,771
—
2020
$25,974
1%
$1,179,771
1%
2018
$25,648
32%
$1,167,686
33%
2017
$19,372
-27%
$875,000
16%
2017
$26,364
56%
$752,364
2%
2015
$16,876
92%
$735,000
98%
2014
$8,812
6%
$370,300
10%
2013
$8,292
—
$336,636
—
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 3605 Menchaca Rd
3605 Menchaca Rd, Austin, TX 78704 (MLS# 1000174) is a Commercial property. 3605 Menchaca Rd is currently listed for $1,700,000 and was received on January 17, 2024. Want to learn more about 3605 Menchaca Rd? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.