5514 Evans Avenue

5514 Evans Avenue, Austin, TX 78751

$1,190,000

Tammy Young

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  • 1960 BUILT
  • 0.27 Acres LOT

5514 Evans Avenue, Austin, TX 78751

Opportunity for investment in thriving central Austin turnkey multi-family property. Reimagined vintage duplex in sought-after North Loop location. Recent 2022 large-scale renovation of the property includes all new Hardieplank board-and-batten siding, energy efficient windows, interior and exterior doors, kitchen and bathroom renovations, and total reconfiguration of the floor plans allowing for two, up-down, 3 bedroom, 2 bath units. Both units have large wide-open kitchen/dining/living spaces. Kitchens enjoy large central islands, quartz counters, under-mount single basin sinks, stylish open shelving, and all recent 2022 stainless steel appliances. Recessed lighting throughout. Vinyl plank flooring and hard tile throughout – no carpeting. Upgraded hardware and designer lighting selections. Sliding “barn door” accents. Smart home thermostats. Modern ceiling fans in bedrooms. All appliances convey including washer, dryer, and refrigerators. Flexible open parking. A short walk or ride to public transportation, the University of Texas, downtown Austin, major employers – as well as North Loop neighborhood local favorites Home Slice Pizza, Foreign and Domestic, Drinkwell, the Tigress, and Room Service. Large .27 acre lot with opportunity for expansion zoned SF3. (Buyer to verify development possibilities with City of Austin) Projected gross rents of $72,000 per year. Unit A – 1214 livable square feet and Unit B – 1177 livable square feet (floorplans available).

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AMENITIES
INTERIOR
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Free-standing electric range, Free-standing refrigerator, Washer, See remarks
Flooring:
Tile, Vinyl
Other Interior Features:
2 primary baths, 2 primary suites, Ceiling fan(s), Vaulted ceiling(s), Quartz counters, Kitchen island, No interior steps, Open floorplan, Primary bedroom on main, Recessed lighting, Walk-in closet(s)
EXTERIOR & BUILDING
Pool:
None
Water Source:
Public
Lot Features:
Irregular lot, Level, Public maintained road, Many trees, Trees-moderate
Heating:
Central
Utilities:
Above ground, Electricity connected, Internet-cable, Sewer connected, Water connected
Roof:
Composition, Shingle
Parking:
Additional parking, Common, Open
Sewer:
Public sewer
HOA Amentities:
None
Other Exterior Features:
Balcony, Front porch, None
AREA & LOT
Living Area:
2,516 Sq.Ft.
Lot Size:
0.27 Acres
Year Built:
1960
Property Status:
For Sale
MLS® ID:
8427266
SCHOOL INFO
School District:
Austin ISD
Elementary School:
Reilly
Middle School:
Lamar (Austin ISD)
High School:
McCallum
FINANCIAL INFO
Sales Price:
$1,190,000
Real Estate Taxes:
$14,389 yearly

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SEED Property Group can help you achieve your goals in the competitive Austin real estate market. Whether you are relocating to Austin, looking to purchase Austin investment property, or a long time Austinite looking to make a change, we have proven strategies and experts to help.