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Crystal Olenbush

512-344-6000
  • 4900 Merritt Drive

  • $1,250,000 REDUCED
  • 3120 SQ. Feet, 0.30 Acres Residential Income Austin, TX 78744

The value is in this land and the zoning that is already in place. Must see this huge investment opportunity that is already producing income! The current generated income is $4800 a month with a potential income of $5500-6000. Generate your income while planning your redevelopment. Also selling the quadruplex next door(4900/4902). Zoned LR-MU-NP. Future land use: picture shops on the 1st floor with condos above, mixed-used, office, transportation, etc. in the future land use could be a convenience store. Total land for both lots is approximately .6957 total acres.

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Essential Information

  • MLS® #8989824
  • Price$1,250,000
  • Bathrooms0.00
  • Square Footage3,120
  • Acres0.30
  • Year Built1982
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address4900 Merritt Drive
  • SubdivisionPeppertree Park
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78744

Amenities

  • UtilitiesSee Remarks
  • FeaturesNone
  • ParkingAdditional Parking
  • ViewNone
  • WaterfrontNone

Interior

  • InteriorCarpet, Laminate, Vinyl
  • AppliancesCooktop, Oven, Refrigerator
  • HeatingCentral, Natural Gas
  • CoolingCentral Air
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionTrees Medium Size
  • WindowsSee Remarks
  • RoofComposition
  • ConstructionBrick Veneer, Frame
  • FoundationSlab

School Information

  • DistrictAustin ISD
  • ElementaryHouston
  • MiddleMendez
  • HighTravis

Map & Directions

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Price Change History for 4900 Merritt Drive, Austin, TX (MLS® #8989824)

Date Details Price Change
Price Reduced (from $1,500,000) $1,250,000 $250,000 (16.67%)

Property Listed by: AustinRealEstate.com

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 30th, 2022 at 9:48am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.