1802 S Austin Ave - Residential Income FOR SALE


Georgetown, TX 78626
$1,699,000 USD
512-965-5353
1802 S Austin Ave, Georgetown, TX for Sale
$1,699,000 USD
Residential Income - FOR SALE
1/2
null | Request Cap Rate

1802 S Austin Ave
Georgetown, TX 78626


OVERVIEW

Discover the charm and versatility of 1802 S. Austin Avenue, a historical property in the heart of Georgetown, offering endless possibilities for both residential and business use. Built in 1935 and fully renovated in 2018, this one-story main house seamlessly blends its timeless architecture with modern updates. With 3,251 square feet of living space, it features 3 bedrooms, 3.5 baths, a designated office space, three spacious living areas, and two dining rooms and 3 separate exterior porches providing a perfect combination of character and functionality. Adding to its appeal is the detached garage apartment, offering an additional 762 square feet of versatile space. The apartment’s second floor includes a bedroom, full kitchen, washer and dryer, and living area, while the main floor provides an office space and bathroom. This setup is ideal for guest quarters, a rental unit, or extra office space for a business. Adjacent to the garage apartment, a large metal building adds even more functionality, equipped with storage space and a small room featuring a mini-split system for climate control. Both the main house garage and the apartment garage are also climate-controlled with mini-split systems, ensuring comfort and flexibility for a variety of uses. Parking is a standout feature, with garage space for up to five vehicles, three additional covered spaces, and room for at least five more uncovered vehicles. This abundant parking makes the property particularly attractive for business purposes, such as a law office, title company, art studio, or boutique retail space, subject to proper permitting. Located on the highly visible S. Austin Avenue, this property is surrounded by a thriving community of businesses housed in historic homes. Buyers are encouraged to perform due diligence regarding permitting requirements, but the potential for this property as a business location is unmatched. Don’t miss the opportunity to own this one-of-a-kind historical property that combines charm, history, and modern amenities. Schedule your private tour today and envision the future of your business or residence at 1802 S. Austin Avenue!

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$363 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

C

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,050 SF

ZONING

-

APN/PARCEL ID

R043250

ASK ABOUT THIS PROPERTY

Kelley BlameyeXp RealtyMore Info
512-965-5353

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Kelley BlameyeXp RealtyMore Info
512-965-5353

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