307 Swanee Drive

Austin, TX 78752

$1,300,000
Price
Beds
960 Sq. Ft.
$1,354 / Sq. Ft.
960
Sq. Ft.
$1,354
per Sq. Ft.

Description

Significant investment potential awaits this 6,294 sf lot (per tax records) at the end of Swanee Drive at Upper Waller Creek in the heart of Austin, Texas. As times are changing, so are building restrictions. While already a Multifamily designation, restrictions have loosened on height restrictions (up to 90 ft), number of dwellings allowed on a single lot, lot size if subdivided, building materials and minimal setbacks as well. All new regulations can be confirmed with the City of Austin planning...Significant investment potential awaits this 6,294 sf lot (per tax records) at the end of Swanee Drive at Upper Waller Creek in the heart of Austin, Texas. As times are changing, so are building restrictions. While already a Multifamily designation, restrictions have loosened on height restrictions (up to 90 ft), number of dwellings allowed on a single lot, lot size if subdivided, building materials and minimal setbacks as well. All new regulations can be confirmed with the City of Austin planning department. The building/zoning changes are part of the ETOD Overlay Subject Tract, due to Light Line, Code Amendment and rezoning case #C20-2023-004. The home would be an excellent rental property for the investor who’s not quite ready to build. Located near the busy Guadalupe/Airport intersection just SE of North Lamar, convenient to public transportation, shopping, dining, parks, schools and more. Within approximately 1 mile of IH 35 as well Hwy 183, and approximately 3 miles from Mopac! Downtown Austin can be seen to the South! This gorgeous lot would be ideal for multi-story or multi-dwelling construction. "As is" this 1960's bungalow is a pristine 3 bedroom, 2 and a half bathroom home with unique updates along with the original hardwood floors and more. The home includes a private back patio, a storage shed, a large carport and beautiful landscaping from fence to fence. Mature trees and plants occupy the property and the natural privacy along Waller Creek is some of the last of its kind in Central Austin.
  1. Listed by Jessica Shelton • TREC #0607150 • Star Tex Real Estate • (512) 312-1150

Property Details for 307 Swanee Drive

Subdivision Name
Silverton Heights
Waterfront
No
View
Neighborhood, Creek/Stream
View YN
Yes
Parcel Number
02311103110000
Tax Lot
13
Tax Block
6
Master on Main
No
LISTING UPDATED: 09/30/2024 01:32 PM

Property Details for 307 Swanee Drive

StatusActive
MLS #2536050
Days on Market186
Taxes$7,206 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1963
Lot Size0.14 AC / 6,294 SF
CountyTravis County

Building Information for 307 Swanee Drive

Stories-Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,294 SF

Property Information for 307 Swanee Drive

General Information
Parking
  • Parking Total: 2
  • Parking Features: Carport
  • Carport: Yes
Interior
  • Flooring: Tile, Wood
  • Laundry Features: Gas Dryer Hookup, Stacked
  • Restrictions: City Restrictions
Exterior
  • New Construction: No
  • Construction Materials: HardiPlank Type
  • Foundation Details: Pillar/Post/Pier
  • Accessibility Features: None
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Lot Features: Level
  • Lot Size Source: Public Records
  • Topography: Level
  • Road Surface Type: Paved
  • Zoning: Zoned Multifamily
  • Current Use: Residential
  • Horse: No
Location Information
  • Leasable Area: 960.0
  • Building Features: Appliances, Living Area, No Loading, Storage, See Remarks
  • Number Of Buildings: 1
  • Building Area Total: 960.00
  • Building Area Source: Estimated
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Electric
  • Heating YN: Yes
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $362,099
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.80%
Showing Information
Showing Information
  • Security Features: None
  • Directions: From IH 35 Exit Airport Blvd and head West to Right on Guadalupe and Right on Swanee Drive

Property History for 307 Swanee Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 307 Swanee Drive

Taxable ValueLand$300,000Additions$110,085Total$410,085
Tax Record2023$3,173 ($264 / month)
Home Facts
Beds0Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size6,294 SqFtStyleSingle Family ResidenceYear Built1963CountyTRAVISAPN0231110311

Schools near 307 Swanee Drive

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 12
Rating
School
Distance
Reilly Elementary School
PublicPK to 5

Webb Middle School
Public6 to 8

Mccallum High School
Public9 to 12

Greenleaf NCC
Charter12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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307 Swanee Drive is a multi-family home for sale in Austin, TX 78752. This property was listed for sale on May 31, 2024 by Star Tex Real Estate, it's currently listed at $1,300,000. It has been on the market for a total of 186 days and was last sold on January 4, 2011. This listing's school district is Austin Independent School District. Nearby schools include Reilly Elementary School, Webb Middle School and Mccallum High School. 307 Swanee Drive is a 0-bed, 0-bath, 960 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Star Tex Real Estate, Jessica Shelton, TREC #0607150

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.