$465,000
Beds: 4
Baths: 3
Sqft: 2,459
Sqft lot: 18,094
Acre lot: 0.42
16 Days On Market

Property listed by RE/MAX Fine Properties 512-764-3667 (512) 764-3667

Status: Pending
Property Type: Single Family Residence
Year Built: 1964
Neighborhood: University Hills West
Days On Website: 16

Property Details for 2502 Colby Cove, Austin, TX 78723

As-is sale on a giant lot in University Hills! Investor/developer special-- tons of opportunity and options for upcycling this property! Unique property with a single family home + an apartment built onto the back of it with its own kitchen, bath, living, bedroom, walk-in closet, HVAC, electric meter, etc. Fix & flip for generational living, a built in STR opportunity, or potentially put the property into a condo association & flip into two units for resale. OR teardown to rebuild in one of East Austin's most iconic neighborhoods. There could be potential to add a third dwelling unit, but buyer to verify. This home is in an estate--the executor has no knowledge of property condition other than what is visible. Shed does not convey.

Taxes

  • Year: 2023
  • Annual Amount: $7,390

Appliances & Equipment

  • Dishwasher
  • Free-Standing Refrigerator
  • Disposal
  • Microwave

Bathrooms

  • 3 full bathrooms
  • 3 total bathrooms

Bedrooms

  • 4 total bedrooms
  • 4 bedrooms on main level

Building

  • Built in 1964
  • Stories: 1
  • 2,459 sqft living area
  • Brick

Disclosures

  • Lead Based Paint Disclosure

Fence

  • Back Yard

Fireplaces

  • 1 fireplace
  • Family Room

Foundation

  • Slab

Garage

  • 2 garage spaces

Heating

  • Central

Interior Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Multiple Living Areas
  • Main Level Primary
  • No Interior Steps

Laundry

  • Inside
  • Washer Hookup

Listing

  • Property Subtype: Single Family Residence
  • Listed on 2024-05-02

Location

  • County: Travis
  • Subdivision: University Hills West

Lot

  • 0.4154 acres
  • Area: 0.4154
  • Back Yard
  • Front Yard
  • Few Trees

Parking

  • 2 covered spaces
  • Attached
  • Garage Faces Front
  • Garage

Possession

  • Closing & Funding
  • Close Of Escrow

Property

  • Resale
  • Creek/Stream

Roof

  • Composition
  • Shingle

Schools

  • Elementary School: Andrews
  • Elementary School District: Austin ISD
  • Middle School: Pearce Middle
  • Middle School District: Austin ISD
  • High School: Lyndon B Johnson (Austin ISD)
  • High School District: Austin ISD

Sewer

  • Public Sewer

Utilities

  • Electricity Available
  • Sewer Available
  • Water Available

Map View


$465,000 - 2502 Colby Cove, Austin, TX 78723

Street View


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2502 Colby Cove
Austin, TX 78723
County: Travis