$425,000 24 days on market

Unlock the potential of this East Austin investment opportunity! Located in the classic Delwood/Wilshire Wood area of 78722, this vacant three bedroom, one bath home offers investors an opportunity to renovate, expand, hold as a rental, or explore future redevelopment potential. All of this in a location where proximity to Mueller, UT, Downtown Austin, and the Manor Road corridor continues to drive demand. The existing single-story layout provides a solid starting point, with a spacious living room featuring a wood-burning fireplace and multi-pane windows, an eat-in kitchen with gas range hookups, three bedrooms and a full bath. The generous backyard, shaded by mature trees, adds valuable flexibility for an investor looking to rework the existing footprint, create additional outdoor living space, or evaluate expansion options. Sold as-is and vacant, the property offers a clean opportunity without the complications of an existing tenant or lease. Immediate possession and a straightforward closing make it easier to begin the next phase quickly, whether that means updating the current home, repositioning it as a rental, or evaluating a larger renovation or rebuild. Location is a major part of the investment story. The property sits minutes from Mueller, the University of Texas, Downtown Austin, and East Austin’s popular dining and entertainment scene, while nearby parks, the Mueller farmers market, and Manor Road provide everyday walkability. For investors seeking a value-add opportunity in an established East Austin neighborhood, this is a chance to acquire a vacant property with multiple paths forward. The location is established and the next chapter is yours to create.