Active
1305 Lorrain ST
Austin TX, 78703
$3,295,000
$527.54 per sqft
Active
6,246 sqft
Multi-family
Built in 1918
Large 0.5ac in Clarksville with alley access, a truly unique find. MF3 zoned. 6,246 sqft livable space, currently getting ~$16k+/month in rents. All units are leased until Aug 2024 with option to renew. New rents for 2024 will be ~$17k/month. Multiple options for residential or multifamily conversion with multiple uses. Would make an amazing residential compound, huge remodel potential and abundant space for a pool, multi car garage, outdoor terraces etc. Sale prices for newly remodeled or new construction in Clarksville range from $1000+ per sq ft, lucrative investment opportunity. Prime location with downtown, UT campus, and Ladybird lake in walking distance. Views of downtown and UT possible with redevelopment.
9833853
MLSⓇ ID
January 18, 2024
Listed
February 4, 2025
Updated
Map
1305 Lorrain ST
Austin TX, 78703
Interior Features
Total Stories
2
Interior Features
Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Gas Dryer Hookup, Eat-in Kitchen, Interior Steps, Multiple Living Areas, Pantry, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup
Appliances
Dishwasher, Disposal, Gas Range, Oven, Range, RNGHD, Water Heater-Gas
Floor Description
Concrete, Tile, Wood
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.46 Acres
Exterior Features
Exterior Steps, Private Yard
Lot Features
Back Yard, Front Yard, Gentle Sloping, Interior Lot, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
Roof
Composition
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Austin
Elementary School
Mathews
Other Property Details
Area Name
1B
Garage
Yes
Garage Spaces
3
Parking
Alley Access, Attached, Carport, Covered, Garage, Off Street
View
No
View Description
None
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Courtesy of Resavvy LLC
Listing Contact: (512) 762-8669
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2025 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 10:51 PM UTC, 2/4/2025