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1401 Drake Ave Austin, TX 78704

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For Sale
$1,200,000

Five contiguous properties in Travis Heights neighborhood near South Congress.

Lot size:
0.20 Acres

Property Features for 1401 Drake Ave

General Information

Lot size
0.20 Acres

Source: Compass RE Texas, LLC Agent Sam Archer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Travis Heights Investment Portfolio

The Fairview Portfolio presents a core investment opportunity in the Travis Heights neighborhood, situated just east of South Congress Avenue. This portfolio comprises five contiguous properties. The properties include ten residential units, eight of which are currently leased, offering immediate income and value-add potential. The location provides walkable access to South Congress dining, retail, and nightlife. These properties are suitable for buy-and-hold investors or developers considering multi-unit redevelopment options.
Location Intelligence

Current Use by Public Records

Land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Austin
County
Hays
State
Texas
Longitude
-97.746757
Latitude
30.249195

FAQs

What type of property is this?
Land - Five contiguous properties in Travis Heights neighborhood near South Congress.
Where is this land located?
The property is located at 1401 Drake Ave Austin, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Unbeatable location in the highly sought-after Travis Heights neighborhood, walkable to South Congress dining, retail, and nightlife.; - Portfolio of five contiguous properties, offering significant investment potential.; - Ten residential units included, providing immediate income.
More about this property
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