Austin 78704 scrape and build

[Ronnie McClain]

510 Sacramento Dr in 78704.

.16 acre lot (7092sf)

61ft frontage and back

119ft long

I think the best build would be for a duplex and the lot allows you to build up to 2800sf. The neighbors across the street provide a solid comps for two 1400sf units with an ARV of about $470k each for a total ARV of $940k.

We are asking $325k for the lot.

Also, if your team is good at expanding square footage this deal looks really good for a SFR up to 2500-2800sf.

As always, first come first serve.

Contract details:

Option period up in 2 weeks

Close on May 2nd

Lease back up till June 2nd(giving her time to close on a place in S.A. and get moved - we don’t believe she will need this long)

Run your numbers and let me know what you think. (lot pic below)