1403 Wterloo Trl, #A

South Lamar, Austin, TX 78704

LOCATION, LOCATION, LOCATION! A RARE HOME-OWNER OR INVESTOR OPPORTUNITY!!Nestled on a HUGE shaded cul-de-sac lot this unit has been updated with Tile and Wood laminate flooring throughout, Stainless Steel Appliances, Recessed LED Lighting, Ceiling Fans, and Fresh Paint throughout! Exterior features include a large backyard with private patio and an ample storage room adjacent to the front entry. First time on the market in 20 years and a rare opportunity for a homeowner or investor! This recently converted condo offers future owners several possibilities. Buyer can a) buy one side as a home, b) buy both sides and continue the leases (side A: $1750, side B: $1870), or c) buy both sides and opt to live in one side and lease or sell the other. The units have always been in demand and have never had an extended vacancy. Both sides are leased to responsible tenants who are currently on a month to month lease. Both sides have been scrupulously maintained by the same owners for 20 years. Both sides have UNUSUALLY LARGE LOTS (total: 0.26 acres) with 8-foot privacy fences perfect for pets, gardening, and/or outside activities, and the property is prominently elevated above street level. This quiet neighborhood is in the HEART - not the perimeter- of Austin's activity, culinary and cultural life. The 78704 South Lamar (SOLA) area is close to downtown Austin, and premiere shopping and activity centers such as Whole Foods, HEB, Lady Bird Lake trail, Barton springs, Zachary Scot Theater, the Austin-Bergstrom airport (20 min), major highway arteries i.e. I35, MoPac, Hwys 71, 290, Loop 360 and most of Austin's best- and best-known restaurants.