
Austin, TX 78757
Crestview Add Sec 01
Crestview Add Sec 01
8,943 sq ft, two income-producing residences in good condition on a development lot with the capacity to add up to 2,600 sq. ft. of living space, taking advantage of the new three-dwelling unit rule. The back ADU completed in 2020 is perfectly situated to allow in the front either a new house, new duplex, two new houses, or some variation. Or, collect rent from both properties and enjoy the income and appreciation. Owner owns adjacent lot at 1411 Justin and would consider a package deal for both properties. Buyer to verify any development rules and FAR requirements based on their goals and interests. This property may qualify for FannnieMae's new lending guidelines for financing residential multifamily with as low as 5% down for an owner-occupant.
