1607 Cesar Chavez StAustin, TX 78702

Property Details for 1607 Cesar Chavez St

Year built

1925

Construction

WOOD FRAME

Lot size

0.15 AC

Property size (Sq ft)

1,540 SF

Property type

Office properties

Property subtype

Office buildings

APN

202070404

APU

202070404

Description

This 1,851-square-foot, two-story bungalow sits on a 6,534-square-foot lot in the heart of East Austin's vibrant Cesar Chavez Street corridor. Built in 1925, this property boasts approximately six parking spaces and over 50 feet of street frontage, providing excellent signage opportunities. Its prime location is less than a mile from downtown Austin and Plaza Saltillo, placing it within easy reach of a thriving commercial district. The CS-MU-CO-NP zoning allows for diverse uses, making it ideal for owner-occupants or investors seeking a versatile property in a high-demand area. The building's character and location combine to offer a unique opportunity to establish a presence in one of Austin's most sought-after neighborhoods. Currently vacant, this property presents a blank canvas for a variety of commercial ventures, capitalizing on the area's consistent growth and popularity. The substantial lot size and existing building provide ample space for creative development and adaptation to suit a range of business needs. This is a rare chance to acquire a classic East Austin bungalow with significant potential in a coveted location.

• CAP approach

  CAP return

  Valuation

  6%

  $441,908

  6.5%

  $407,915

  7%

  $378,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $461,061

  Geo Method

  $461,061

• Alternative Use

  Use

  Valuation

  Residential

  $505,815

  Hospitality

  $463,324

  Educational

  $385,480

  Medical

  $398,737

  Retail

  $599,635

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.258

Longitude

-97.7281

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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