$399,000

Property Overview

This seven-bedroom, four-bath residence on Neans Drive in Georgian Acres presents a rare opportunity for buyers seeking substantial living space at a significant value. Built in 1959 and situated on an expansive corner lot in North Austin, the 3,441-square-foot home offers flexible layouts ideal for multi-generational families or investors pursuing rental income strategies. At $116 per square foot, this property trades 57 percent below the area median, positioning it as an exceptional entry point in an increasingly desirable neighborhood.

The home spans two stories with a thoughtful main-level design featuring four bedrooms, allowing accessibility for various living arrangements. Central heating and cooling, multiple living and dining areas, and a fenced private yard provide functional comfort, while proximity to The Domain shopping center, Q2 Stadium, and major transportation corridors including Mopac, I-35, and Highway 183 enhance convenience. The corner lot and four parking spaces support active households or those seeking rental potential in this growing Austin neighborhood.

Georgian Acres continues gaining momentum as North Austin develops, and this property's substantial footprint on an 18,151-square-foot lot offers significant upside for those willing to invest in selective updates. The Vox Real Estate team recognizes this as a distinctive opportunity where the underlying bones and location create genuine equity potential in a more affordable segment of the market. With comparable renovated homes commanding substantially higher values in the area, informed buyers understand they're purchasing at a phase where value can be unlocked through thoughtful improvements.

Vox Real Estate Insight

This property's real strength lies in its scale and positioning rather than turnkey appeal, something we at Vox Real Estate see rarely in North Austin at this price point. The dual-unit potential combined with proximity to Q2 and The Domain makes this particularly attractive for investors timing the neighborhood's continued appreciation.

Agent Description

Exceptional opportunity in the heart of North Austin! This unique property features both an A-side and B-side, offering incredible flexibility for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. Situated on an oversized lot in an established neighborhood, the possibilities are endless. While the home could benefit from some cosmetic updates, the major value lies in its versatile layout, generous square footage, and prime location. Whether you're looking to renovate and build equity, create a strong cash-flowing investment, or customize it into your own vision, this property presents a rare opportunity. With comparable renovated properties commanding significantly higher values, this is your chance to unlock the home's full potential. Conveniently located near The Domain, Q2 Stadium, major employers, shopping, dining, and easy access to Mopac, I-35, and Hwy 183. Bring your vision and discover the upside this property has to offer!

Neighborhood: Georgian Acres

This property is located in Georgian Acres, Austin, TX. The area is known for Affordable Living, Near The Domain, Q2 Stadium Access, Highway Convenience, Growing Area.

At $116/sqft, this listing is priced 58% below the Georgian Acres median of $274/sqft.

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