1309 Norwalk Ln, Austin, TX 78703 - MLS# 9090146

Fourplex for Sale in Austin > 78703 > Westfield A > 1309 Norwalk Ln

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$1,197,500 $2,300/m

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-
Beds
-
Baths
4,160
Square Ft.
0.22
Acres
N/A
Garages
1951
Year Built
MLS® #: 9090146 Pending - Taking Backups, 191 Days on Market

Desirable location near shopping, restaurants and the CBD. Two upstairs units just remodeled. Owner prefers to sell with the neighboring four unit property at 1311 Norwalk Lane. 1311E has just undergone a major remodel and is on the lease market starting this Jan. 21st at $2,300 per month. Major upside to fully remodel five units in the two properties and MF-3 zoning allows additional units to be built and the ability to add SF to the existing building. Approximately 5700SF and 8 units can be added.

Price History for 1309 Norwalk Ln

Date MLS # Details Price
9090146 - Multi-Family Pending - Taking Backups - 101 days (193 days total) $1,197,500
9090146 - Multi-Family Price Decrease - 52 days $1,197,500 - $52,500
9090146 - Multi-Family Price Decrease - 40 days $1,250,000 - $75,000
9090146 - Multi-Family New $1,325,000
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Rental Income

Unit Rent Lease Ends Beds Baths Living Dining Garage Carport Rooms
Unit A $1,395 12/31/2017 2 1 1 1 N/A N/A N/A
Unit B $1,425 09/01/2017 2 1 1 1 N/A N/A N/A
Unit C $1,400 01/22/2018 2 1 1 1 N/A N/A N/A
Unit D $1,495 01/22/2018 2 1 1 1 N/A N/A N/A
Total $5,715 8 4 4 4 N/A N/A

Property Details for 1309 Norwalk Ln

Location
Size and Restrictions
  • Land Area: 0.22
  • Lot Description: Curbs, Public Maintained Road
  • FEMA 100 Yr Floodplain: No
  • Restrictions: Yes - City Restrictions, Deed Restrictions
Improvements
  • Property Subtype: Multi-Family - Fourplex
  • # Units: 4
  • Unit Mix: 2/1
  • Fence: Cedar
Features
  • View: City
Utilities
  • Utilities: Electricity on Property, Natural Gas on Property
Amenities
  • Area Amenities: BBQ Pit/Grill, Common Grounds, Courtyard, Dog Park, Golf Course Public, High Speed Internet Access, Jogging/Biking Path, Laundry Facility(s), Pool-Community, Uverse

Interior Features for 1309 Norwalk Ln

Other Rooms
  • Laundry Facilities: Common
Interior Features
  • Disability: No

Building Information for 1309 Norwalk Ln

Building Information
  • Square Feet: 4,160 - Owner
  • Year Built: 1951 - Resale
  • Condition: As-Is
  • # of Stories: 2
  • Construction: All Sides Masonry, Brick Veneer, Composition Shingle, Frame/Brick
  • Foundation: Crawlspace, Pier & Beam
  • Roof: Composition Shingle, Pitched

Schools for 1309 Norwalk Ln

Elementary Schools
Middle Schools
High Schools

Financials for 1309 Norwalk Ln

Financial Information
  • $/Square Foot: $288
  • Acceptable Financing: Cash, Conventional, Exchange
Property Taxes
  • Estimated Taxes: $15,167
  • Tax Exemptions: None
  • Tax Rate: 2.3% - 2016
  • Tax ID: 01130605390000

Properties for Sale Similar to 1309 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 August 18th, 2017 at 1:29am 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.