Turn Key Property Group
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6407 Cannonleague DR

Active

Austin, 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

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