$199,000

Property Overview

This four-bedroom home on Larch Ter in East Riverside presents a rare opportunity at thirty percent below area median pricing. Positioned directly across from Montopolis Neighborhood Park, the property captures unobstructed views of mature trees, open green space, and the recently renovated Montopolis Pool and Recreation Center, which earned ULI Austin's Best Public Place Impact Award for its sustainable design. The single-story, 1,064-square-foot residence sits on a generous 5,837-square-foot lot in the Country Club Gardens section of the Old Montopolis neighborhood, offering the authentic Austin character that attracts both investors and families seeking authentic urban living with neighborhood amenities.

At $199,000, this property serves multiple buyer profiles. The four bedrooms and two bathrooms accommodate various uses, while the month-to-month tenant situation provides flexibility for owner-occupants or those seeking immediate cash flow. The location delivers remarkable walkability and transit advantages: Bird Bluff Trail, Roy G. Guerrero Park, and the Wishbone Bridge connect to Lady Bird Lake's expanding trail system, while proximity to downtown, UT Austin, Tesla, and Oracle makes this East Riverside address compelling for commuters seeking affordability without sacrificing accessibility.

Vox Real Estate Insight

What the Vox Real Estate team recognizes here is that East Riverside's rapid transformation hasn't fully caught up to pricing at 6112 Larch Ter, making this a strategic entry point before neighborhood appreciation accelerates. The park-front positioning combined with the newly awarded Recreation Center and improved trail connectivity positions early buyers to benefit from the infrastructure investments already underway in Old Montopolis.

Agent Description

Rare park-front fixer-upper or redevelopment opportunity in Old Montopolis, with unobstructed front-facing views across Montopolis Neighborhood Park’s open green lawn, mature trees, walking trail and baseball field. The peaceful setting offers open green space directly across the street and a distinctly old Austin neighborhood feel. The park is also home to the newly renovated multimillion-dollar Montopolis Pool and playground, along with the striking, contemporary Montopolis Recreation and Community Center. The center received ULI Austin’s Best Public Place Impact Award and additional recognition for its architecture and sustainable design. It’s also an easy bike ride to Bird Bluff Trail, Roy G. Guerrero Park and the Wishbone Bridge along Lady Bird Lake, with convenient access to the river trail system and downtown. Minutes from downtown Austin, UT Austin, Austin-Bergstrom International Airport, Tesla, Oracle and other major employers. The current tenant is month-to-month, providing immediate rental income while redevelopment plans are being completed.

Neighborhood: East Riverside

This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.

At $187/sqft, this listing is priced 30% below the East Riverside median of $267/sqft.

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