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507 Allen St, Austin, TX 78702
$735,000
507 Allen St, Austin, TX 78702View this property at 507 Allen St, Austin, TX 78702
507 Allen StAustinTX78702
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Property Description
Location Location Location....Remarkable investment opportunity. This property is just a 2 minute drive time to downtown Austin. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. Conveniently located nearby Grizzeldas, Justine's, Cloud Tree Art Studio/Gallery, Central Machine Works, Metro Rail, and just a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans. This charming home offers 3 bedrooms, 2 bathrooms, and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown, or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don't miss out on this amazing opportunity!
Full Property Details
Full Property Details for 507 Allen St
General
- Price: $735,000
- Taxes: $6,040 (2023)
- Status: Active
- Type: Single Family
- MLS ID: 5245447
- Updated: 3/29/2024
- Added to Site: 66 day(s) ago
Interior
- Interior Features: No Interior Steps, Primary Bedroom on Main
- Appliances: Free-Standing Range, Water Heater-Electric
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Kitchen: Laminate Counters, Main
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: Curbs
- Other Features: None
Exterior
- Exterior Features: Exterior Steps
Parking
- Total Spaces: 2
- Parking Features: Driveway, Unpaved
Location
- Area: 5
- County: Travis
- Subdivision: Pipkin Add
- Driving Directions: Take Cesar Chavez East; Left on Tillery; Right on E. 5th St.; Left on Allen; property is on the right
- Direction Faces: SW
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Brooke
- Middle School: Martin
- High School: Eastside Early College
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Exterior Const.: Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Windows: None
- Disability Access: Customized Wheelchair Accessible
- Square Feet: 1,120
- Living Area: 1,120 Sq. Ft.
- Year Built: 1940
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: None
- Lot Size (Acres): 0.1433
- Lot Size (Sq. Ft.): 6,242.15
- Lot Features: Back Yard, Front Yard, Interior Lot, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
- Lot Description: Back Yard, Front Yard, Interior Lot, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
- Fencing (Description): Chain Link, Partial
Water Features
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $117.75
- Tax Amount: $6,040.32
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: None Available
- Restrictions: City Restrictions, Deed Restrictions
- Property ID: 2021406020000
Listed by Pure Realty
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Schools
Schools serving 507 Allen St
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
3601 Govalle Ave, Austin, TX 78702 | PK-5 | 0.7 mi | |
1601 Haskell St, Austin, TX 78702 | 6-8 | 1.5 mi | |
1012 Arthur Stiles Rd, Austin, TX 78721 | 9-12 | 1.4 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 507 Allen St
Date
Details
Price
Change
Source
3/28/2024
Listed
$735,000
—
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 507 Allen St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,781
—
$749,229
31%
2022
$2,781
—
$573,459
108%
2021
$2,776
-50%
$275,915
10%
2020
$5,585
4%
$250,832
10%
2020
$5,380
18%
$228,029
10%
2018
$4,553
19%
$207,299
10%
2016
$3,821
-9%
$188,454
10%
2017
$4,203
18%
$171,322
10%
2015
$3,576
13%
$155,747
10%
2013
$3,171
-9%
$141,588
10%
2014
$3,488
—
$128,716
—
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 507 Allen St
507 Allen St, Austin, TX 78702 (MLS# 5245447) is a Single Family property with 3 bedrooms and 2 full bathrooms. 507 Allen St is currently listed for $735,000 and was received on March 28, 2024. Want to learn more about 507 Allen St? 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.