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

Fourplex Sold in Austin > 78703 > Westfield A > 1309 Norwalk Ln

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$1,197,500

-
Beds
-
Baths
4,160
Square Ft.
0.22
Acres
N/A
Garages
1951
Year Built
MLS® #: 9090146 Sold on

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 Sold - 25 days (218 days total) $
9090146 - Multi-Family Pending - Taking Backups - 101 days $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

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 Bedroom/Office, Breakfast Area, Liv/Din Combo, Porch
Unit B $1,425 09/01/2017 2 1 1 1 N/A N/A Breakfast Area, Liv/Din Combo, Porch
Unit C $1,400 01/22/2018 2 1 1 1 N/A N/A Breakfast Area, Liv/Din Combo, Utility
Unit D $1,495 01/22/2018 2 1 1 1 N/A N/A Breakfast Area, Liv/Din Combo, Porch, Utility
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
  • Restrictions: City Restrictions, Deed Restrictions
Improvements
  • Property Subtype: Multi-Family - Fourplex
  • Fence: Cedar
Features
  • View: City
Utilities
  • Utilities: Electricity on Property, Natural Gas on Property
Amenities
  • Area Amenities: Dog Park, Golf Course Public, Jogging/Biking Path, Laundry Facility(s), Pool-Community, BBQ Pit/Grill, Common Grounds, Courtyard, High Speed Internet Access, Uverse

Building Information for 1309 Norwalk Ln

Building Information
  • Square Feet: 4,160 - Owner
  • Year Built: 1951
  • # of Stories: 2
  • Construction: All Sides Masonry, Brick Veneer, Composition Shingle, Frame/Brick
  • Foundation: Pier & Beam, Crawlspace
  • 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 Rate: 2.3% - 2016

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 December 17th, 2017 at 2:10am CST. 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.