1503 Drake Ave, Austin, TX 78704 - MLS# 9537755

Fourplex Sold in Austin > 78704 > Fairview Park > 1503 Drake Ave

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$2,100,000

-
Beds
-
Baths
3,352
Square Ft.
0.54
Acres
N/A
Garages
1935
Year Built
MLS® #: 9537755 Sold on

Amazing opportunity! Collection of 6 homes on 3.5 lots in the heart of South Congress. Tons of character. Known as Verde Camp, this property has a wonderful reputation around Austin as a comfortable and fun retreat for staycations and out of town visitors. These 1930s homes are classic and fun and have been remodeled for comfort. The walkability/convenience to South Congress is a huge advantage. Bikes and washer/dryers are on site. Please do not disturb residents without an appt.

Price History for 1503 Drake Ave

Date MLS # Details Price
9537755 - Multi-Family Sold - 33 days (103 days total) $
9537755 - Multi-Family Pending - 6 days $2,100,000
9537755 - Multi-Family Pending - Taking Backups - 64 days $2,100,000
9537755 - Multi-Family New $2,100,000

Rental Income

Unit Rent Lease Ends Beds Baths Living Dining Garage Carport Rooms
Unit 1-6 N/A N/A 2 1 1 1 N/A N/A See Agent
Unit 1-6 N/A N/A 1 1 1 1 N/A N/A See Agent
Unit 1-6 N/A N/A 1 1 1 1 N/A N/A See Agent
Unit 1-6 N/A N/A 1 1 1 1 N/A N/A See Agent
Total 5 4 4 4 N/A N/A

Property Details for 1503 Drake Ave

Location
Size and Restrictions
  • Land Area: 0.54
  • Lot Description: Level
  • Restrictions: See Agent, Zoning
Improvements
  • Property Subtype: Multi-Family - Fourplex
  • Fence: Cedar, Chain Link
Features
  • Trees: Large (Over 40 Ft)
  • View: No View
Utilities
  • Utilities: Electricity Available, Internet-Fiber, Natural Gas Available
Amenities
  • Area Amenities: See Agent

Building Information for 1503 Drake Ave

Building Information
  • Square Feet: 3,352 - Other
  • Year Built: 1935
  • # of Stories: 1
  • Construction: See Agent
  • Foundation: Pier & Beam
  • Roof: Composition Shingle

Schools for 1503 Drake Ave

Elementary Schools
Middle Schools
High Schools

Financials for 1503 Drake Ave

Financial Information
  • $/Square Foot: $626
  • Acceptable Financing: Cash, Conventional
Property Taxes
  • Estimated Taxes: $34,954
  • Tax Rate: 2.3% - 2016

Properties for Sale Similar to 1503 Drake Ave, Austin, TX View On Map

Property Listed by: Realty Austin

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 1:25pm 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.