Shovel Ready Duplex New Build 78721 – with Approved Plans in Opportunity Zone For Sale

  • $289,500.00

Shovel Ready Duplex New Build 78721 – with Approved Plans in Opportunity Zone

Save months of holding costs and uncertainty with the City of Austin by purchasing this shovel ready project.  This 8,120 square foot SF-3 property is ready for construction in rapidly appreciating 78721 – East Austin. Just 4 miles from downtown, get in early in an area with plenty of new builds in close proximity. See investor packet for full marketing flyer.

Numbers:

  • Offer Price: $289,500
  • Est. ARV: ~$1MM+
  • Est. Repairs: ~$412K –  Construction estimate presented by Cambridge Custom Homes LLC
    • Unit A – 1,922 Square feet, 3 bedrooms, 2.5 bathrooms, 1 car garage, 2 large master bedroom closets
    • Unit B – 1,646 Square feet, 3 bedrooms, 2.5 bathrooms, 1 car garage, 2nd story roof top deck

Highlights:

  • In Opportunity Zone
  • Smaller duplex sides within 1/3 of a mile are selling for $450,000-525,000
  • Build and pre-sell with provided plans and renderings
  • Demolition permit in place
  • Build, Buy and Hold (rents up to $5500/mo)

Please let us know if you or someone you know might be interested. Email, call or text us at 512-535-5554. Click Here for the Investor Packet including detailed financials, comps, pictures, and more.

  • $5,000 Non-Refundable Deposit & signed agreement to secure contract
  • Properties are sold on a ‘first come, first serve’ basis
  • Buyer pays standard closing costs incl. title and a new survey, if required
  • Buyers responsibility to do their own due diligence and verify all information
Price:
$289,500.00
Address:
6112 Calmar Cove
Austin, TX 78721
Terms:
For Sale
Property Type:
Home

Call 512-535-5554 for more details

Property Location