1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
  9. Similar
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Status: Active

2517 Francisco St 
Austin, TX 78702

24% Drop

$765,000

$585,000

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Introducing an exceptional property with tremendous potential for development, ideally situated in the highly sought-after East Austin area. This prime location offers a remarkable opportunity for those seeking a medium-term rental investment. Boasting a unique feature of backing directly onto a park, this property provides a tranquil and scenic backdrop for future residents to enjoy. The property is zoned SF3, allowing for versatile land use and offering flexibility in construction and development plans. The current structure on the property is a charming home featuring one bedroom, one bathroom, and has been updated with modern finishes. The interior showcases high ceilings, abundant natural light, and a spacious living area, creating an inviting and comfortable atmosphere. While the existing structure has been well-maintained and tastefully updated, the true value of this property lies in the opportunity to reimagine and transform the space to suit your vision. The structure on the parkside of the property is considered a tear-down, providing the chance to design and build a brand-new dwelling that maximizes the park views and takes full advantage of the remarkable location. Whether you are an investor looking to capitalize on the thriving rental market in East Austin or a developer seeking a prime canvas to create a remarkable residential space, this property offers immense potential. With its great development opportunity, medium-term rental potential, parkside location, and sf3 zoning, it is a rare find in this highly sought-after neighborhood.
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Bedrooms
1
Baths
1
House Size
888 sqft
Year Built
1945
Lot Size
0.16 ac
School District
Austin ISD

Location

Market Insights

In the last 30 days, homes for sale in Govalle, Austin, TX were on the market for a median of 48.5 days and 12.5% of homes sold above list price.

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Interior Information

Features
Eat-in Kitchen
Main Level Primary
No Interior Steps
High Speed Internet
Fireplace
None
Flooring
Laminate
Heating & Cooling
Wall/window Unit(s)
None
Kitchen
Kitchen Family Room Combo
View
None

Exterior Information

Features
Exterior Steps
Fence
Chain Link
Fenced
Pool
None
Roof
Composition

Property Information

Accessibility
None
Community
Internet Access
Trails/paths
Construction
Frame
Foundation
Pillar/post/pier
Lot
Level
Moderate Trees
Parking
Alley Access
Assigned
No Covered Spaces
Sewer
Public Sewer
waterSource
Public
  • Listed By Kumara Wilcoxon
  • kumarawilcoxon@gmail.com
  • (512) 423-5035
  • Kuper Sotheby's Int. Realty
  • MLS 3921725

School Information

Schools

 
Schools
Type
Grades
Distance
C+
Govalle Elementary School
Public
PK - 5
0.76 mi.
Type
Public
Grades
PK - 5
Distance
0.76 mi.
Students
370
Student to Teacher Ratio
10:1
D-
Martin Middle School
Public
6 - 8
1.3 mi.
Type
Public
Grades
6 - 8
Distance
1.3 mi.
Students
500
Student to Teacher Ratio
13:1
C
Eastside Early College High School
Public
9 - 12
1.85 mi.
Type
Public
Grades
9 - 12
Distance
1.85 mi.
Students
480
Student to Teacher Ratio
13:1

School information provied by Attom


Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2022$13,497 (+53.8%)$510,000$173,416$683,416 (+69.5%)
2021$8,778$300,000$103,268$403,268

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$4,407

30 year fixed·6.9% interest rate
Principal & Interest
$3,082
Property Taxes
$1,125
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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