1005 Martin Luther King Jr BLVD, Austin, Texas 78701 For Sale

Fantastic duplex house located in the highly sought-after Judges Hill area right next to West Campus. This property features two units with spacious layouts and a shared, large open backyard. With a bit of TLC, rents can be doubled. Remodeling the 6/3 unit A can yield you $7,800 to $8K per month rent and remodeling unit B can yield you $3,900 to $4K rent.
The lot is very large 11,167 sq feet, with 80 feet of frontage. the new SF3 zoned regulations allow for the lot to be subdivided into three 3,722 sq feet lots so the land value and redevelopment potential here is huge. Also, MLK is likely to be rezoned to TOD ( transit-oriented district) which would further expand the redevelopment potential. This is a tremendous covered land play.