1311 Norwalk Ln, Austin, TX 78703 - MLS# 1127773

Apartment Complex Sold in Austin > 78703 > Westfield A > 1311 Norwalk Ln

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$2,385,000

-
Beds
-
Baths
N/A
Square Ft.
0.44
Acres
N/A
Garages
1951
Year Built
MLS® #: 1127773 Sold on

Eight unit apartment complex with the potential ability to add an additional 8 units. One unit fully remodeled and two with a lower level remodel. 100% occupied. Exterior and landscape remodeled in 2016. Zoning allows for up to an additional 8 units and 5700 SF. Property included 1309 Norwalk Lane as well.

Price History for 1311 Norwalk Ln

Date MLS # Details Price
1127773 - Commercial Sale Sold - 25 days (79 days total) $
1127773 - Commercial Sale Pending - Taking Backups - 54 days $2,385,000
1127773 - Commercial Sale New $2,385,000

Property Details for 1311 Norwalk Ln

Location
Size and Restrictions
  • $/Acre: $5,445,205
  • Land Area: 0.44
  • Restrictions: City Restrictions, Deed Restrictions
Improvements
  • Property Subtype: Commercial Sale - Apartment Complex
  • Parking: 19 - Common
Features
  • View: City
Utilities
  • Water: City
  • Separate Meter: Yes
  • Utilities: Electricity on Property, Natural Gas on Property
  • Sewer: City at Street

Interior Features for 1311 Norwalk Ln

Heating and Cooling
  • Heating: Central Heat, Wall Unit
  • Air Conditioning: Central Air, Window Unit

Building Information for 1311 Norwalk Ln

Building Information
  • Year Built: 1951
  • Construction: Brick Veneer, Composition Shingle, Frame/Brick
  • Foundation: Pier & Beam
  • Roof: Composition Shingle, Pitched
Garage and Parking
  • Parking: 19 - Common

Financials for 1311 Norwalk Ln

Financial Information
  • $/Square Foot: $264
  • $/Acre: $5,445,205
  • Acceptable Financing: Cash, Conventional, Exchange
Property Taxes
  • Estimated Taxes: $30,000
  • Tax Rate: 2.3% - 2016

Properties for Sale Similar to 1311 Norwalk Ln, Austin, TX View On Map

Property Listed by: First Austin Properties

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 19th, 2017 at 11:25am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.