1908 Lake Shore Dr Austin, TX 78746
- Residential income homes
- 3,613 SF
Current Use by Public Records
- Residential income homes
Property Details for 1908 Lake Shore Dr
- Year built
- 1982
- Property size
- 3,613 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 119746
Description
This exceptional investment opportunity presents a 2-unit duplex situated on a 17,424 sq ft lot in desirable Westlake, Austin, TX. The property, located at 1908 Lakeshore Dr, boasts 3,613 square feet of net rentable space, currently operating at 100% occupancy with month-to-month tenants. Built in 1982, this two-story building sits on a pristine level lot offering stunning views of Lake Austin and the Austin skyline (view may be enhanced by tree trimming). The property is zoned SF-3, presenting significant value-add potential for redevelopment or continued rental income. Its prime location offers easy access to the highly-rated Eanes ISD schools, upscale dining, and the vibrant downtown Austin scene. The property features city sewer connections. Comparable new construction in the immediate vicinity has sold for over $5 million, highlighting the significant potential for appreciation. This is a rare opportunity to acquire a fee simple property in Westlake with exceptional lake views and redevelopment potential. All details should be verified by the buyer. The property's APN is 119746.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.787929353135
- Latitude
- 30.300645468968
