6407 Cannonleague DR
ActiveAustin, TX 78745
Texas Residential Properties · MLS# 7324831 · Active
$415,000
$316/sqft
Beds
3
Baths
2
Sq Ft
1,312
Acres
0.25
Built
1972
Type
Single Family
About This Home
$ 85K below appraisal!. !Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1312 square feet, is in good condition, ensuring a smooth appraisal and financing process. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing a small part of the over sized garage with workshop. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience. 2-1 buydown starting at 4.35% and free refi offered by lender and other special loan programs.
Interior
- Features
- Ceiling Fan(s), Tile Counters, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
- Appliances
- Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Gas Range, RNGHD, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater
- Flooring
- Carpet, Laminate
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central
- Levels
- Two
Exterior & Lot
- Exterior
- Private Yard
- Lot
- See Remarks, Back Yard, Few Trees, Front Yard, Interior Lot, Level, Split Possible
- Parking
- Attached, Door-Multi
- Garage spaces
- 2
- Covered spaces
- 2
- Fencing
- Back Yard, Chain Link
- View
- City
- Condition
- Resale
Community & Schools
- Elementary
- Cunningham
- Middle
- Covington
- High school
- Crockett
- District
- Austin ISD
Location
6407 Cannonleague DR · Austin, TX 78745
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$415,000
6407 Cannonleague DR