206 Dunlap St (Sold)

$460000
Price
3
Bedrooms
2
Baths
1,104
Square Feet

206 DUNLAP ST AUSTIN, TX 78704 – $460,000
3 Bedroom | 2 Bathroom | 1104 sqft | 0.231 Acres 

DESCRIPTION


206 Dunlap St is and updated Central Austin Pottery Barn 1940s Bungalow Style Home in Austin’s 78704 area. Dunlap st is located just a block from South Congress Ave. This home features original hardwood floors, a nice open floor plan layout, an amazing large back patio entertainment deck, and Side patio deck, with a covered front patio. The owner put in multiple gardening areas on this deep lot, which includes a large storage building that could be converted into a 1 bedroom accessory dwelling unit. This property is zoned and ready for an accessory unit, mother in-law guest suite, or short term rental unit. With a new Roof and HVAC installed summer of 2017, and a New Front Yard exterior Fence added 2017. There is huge potential for this 0.231 acre lot with Austin’s New Code Next regulations coming soon!!

AUSTIN’S ‘704’ NEIGHBORHOOD

206 Dunlap is located in Austin’s 78704 zip code or what is popularly referenced as “704″ has been know as the hottest zip code in Austin, Texas.  The 04 includes SoCo (South Congress) which is the hippest area of town (restaurants, clubs, The San Jose HotelJo’s CoffeeThe Continental Club), Travis Heights (old, cool, trendy), Bouldin (that’s a creek that runs through it), South 1st St, and Barton Hills or (SoLa) South Lamar (With the Greenbelt, more restaurants, bars, and clubs) and Zilker (awesome park where ACL Music Fest, and Barton Springs pool are).

When it comes to real estate wise the ’04’  includes $1MM contemporary new construction next door to shacks under 1,200 sqft selling for $400k+.  This area has experienced serious appreciation over the past 10 years with the more expensive homes sitting on the market for quite some time.  With most livable homes currently selling for $350/Sqft to $450/Sqft depending on age and size. The 78704 will always hold on to it’s value, as the old real estate phrase goes “location, location, location” which translates into ongoing real estate demand.  It’s a very cool place to live, with lots to do but it’s expensive.  You can get a very basic (read small) condo in the area in the mid to high $400’s but you typically need to get to $500k – $700k to get substance.  You definitely get location here but you’ll pay for it.

Forbes says th “The 78704 is one of the top performing housing markets”, historically is it one of Austin’s  highest appreciation neighborhoods and the future looks solid as there are still plenty of tired properties that have yet to be scooped up and renovated into top $$ properties. If you’re in town, check out First Thursday, music and the general scene on South Congress, South Lamar, and go for a walk around Ladybird Lake, and The greenbelt, check out The Continental Club, stay at The San Jose  if you can, coffee at Jo’s. Brunch at Kerbey Lane, Tacos at any of the 3 Torchy’s Tacos locations the “704” has. It’s a hip and groovy area, check it out.