105 Florence Drive Austin , TX 78753

This property offers a fantastic investment opportunity in the heart of Austin, just a 14-minute drive to downtown and 16 minutes to the airport. With tenants already in place, generating $1,500 per month, this property is a solid income producer. The current lease runs through January 31, 2025. The home can be remodeled to enhance its value and rental potential, or you can take advantage of the lot’s redevelopment possibilities. Zoned SF3, this nearly 12,000 square foot (0.27 acre) lot provides ample space for building a duplex or an accessory dwelling unit (ADU). This property offers numerous opportunities at a competitive price point in a central Austin location. Buyers are encouraged to conduct their own due diligence. Owner financing may be available with a suitable offer.