Cash Flow While You Plan Your Exit Strategy!This is the unicorn you’ve been waiting for — a light flip with major development upside in one of the hottest zip codes in Austin! Whether you’re a savvy fli...
Cash Flow While You Plan Your Exit Strategy!
This is the unicorn you’ve been waiting for — a light flip with major development upside in one of the hottest zip codes in Austin! Whether you’re a savvy flipper, long-term investor, or builder/developer, this one delivers multiple exit strategies on a silver platter.
Property Details:
3 Bed / 2.5 Bath
1,200+ Sq Ft
Built 1955
Sits on 1.17 flat, developable acres
Zoned SF-3 — potential for multiple units / ADUs / subdivide (buyer to verify)
$3.5M + ARV!
WHY IS THIS A BUILDER'S DREAM:
Cash Flow While You Build – Collect $2K+ in rental income while you prep permits or finalize plans
1.17 Acres in East Austin – Rare flat lot with endless potential
Two Massive Opportunities – Easily split into two half-acre lots Build 2 large SF homes, 2 duplexes, or...
REZONE & SCALE BIG – Potential to build 6+ units with rezoning (SF-3 zoning – huge upside!)
Lease, flip, or develop — this one opens every door to profits
LOCATION GOLDMINE:
Minutes to Mueller, Springdale General, and Downtown Austin
Surrounded by new construction and modern builds
Walk to local parks and trendy coffee shops
78721 = booming with appreciation + buyer demand
Close to Tesla, Airport, Oracle HQ, and major employers
Exit Strategy Heaven: Clean up the front house for a quick profit Hold and cash flow with a long-term tenant Develop additional units / subdivide the lot for major equity gains Sell to a builder or end-user looking for space and location
Over 1 acre of East Side potential is almost unheard of at this price point. The upside here is MASSIVE — you’ll come out on top.
Deals like this DO NOT last in East Austin. DM or call today for comps, surveys, or to walk the lot!
Contact Emily Moore at 737-378-0139
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Additional details
Type
Single-Family
Parking
On street
Built in
1940
Lot size
1.17 acres
Price$1,200,000
ARV
$3,500,000
Gross margin
$2,300,000
Deals nearby
$360,000
(ARV -
$600,000)
3 Beds
2 Baths
1602 sq.ft
$245,000
(ARV -
$370,000)
3 Beds
2 Baths
1461 sq.ft
$223,013
(ARV -
$384,000)
3 Beds
2 Baths
1282 sq.ft
$70,000
(ARV -
$120,000)
1 Beds
1 Baths
2500 sq.ft
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