167 N Tumbleweed Trl - Residential Income FOR SALE


Austin, TX 78733- Lake Austin
$2,489,000 USD
512-299-5886
167 N Tumbleweed Trl, Austin, TX for Sale
$2,489,000 USD
Residential Income - FOR SALE
1/30
null | Request Cap Rate

167 N Tumbleweed Trl
Austin, TX 78733
Lake Austin


OVERVIEW

Every person needs a space that fuels inspiration. This extraordinary property provides the perfect blend of character, comfort and creative energy. Three subdivided and unrestricted acres with three unique dwellings - with a total of 3723 sf of living - offers multiple possibilities for a family/work compound, income-producing or building a new dream home on one of the highest hills west of Austin. Situated between Westlake Hills and Bee Caves, TX, the native vegetation, mature oaks, abundant wildlife, and private drive give the feel of country living, with grocery stores, restaurants, and shopping minutes away. This property lies within the acclaimed Eanes School district. The main home at the front of the property was moved there in the mid-1970s and is a split-level, two-bedroom, two-bath home with Spanish tile and oak flooring. The large deck with a canopy of oak trees opens to a private fenced yard. Native plants and two rock patios flank the front of the property. A stone pathway leads past a utility building to the guest cottage, which was hand-built by the original owner in the 1970s. Currently being used as a photography/printmaking studio, it offers an upstairs bedroom with a full bath, a kitchen area with a sink, and is plumbed to add a full kitchen. The 1000sf light-filled studio (built in 1981) is an award-winning design by Renfro and Steinbommer Architectecture. With a soaring beamed clearstory ceiling and an expansive covered front porch, it offers unobstructed views of the Hill Country. This large open floor plan has a raised office/flex space with a full bath. It is plumbed and wired to add a kitchen. Currently used as an artist studio, the building is ideal for a studio, home office, “loft” living, or rental. The acreage continues beyond the studio, allowing room for expansion or an additional building with one of the best views in Austin.

FOR SALE DETAILS

PRICE

$2,489,000 USD

PRICE/SF

$669 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

722641

ASK ABOUT THIS PROPERTY

Liz AstonCompass RE Texas, LLCMore Info
512-299-5886

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Liz AstonCompass RE Texas, LLCMore Info
512-299-5886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.