6507 Hergotz LnAustin, TX 78742

Description

INVESTOR SPECIAL WITH EXCEPTIONAL UPSIDE IN SOUTHEAST AUSTIN! Situated on a 6,713-sq-ft lot, this 1940s bungalow offers approximately 650 sq ft of extensively renovated living space and exciting potential to create multiple income streams. Taken down to the studs, improvements include new electrical, plumbing, and water lines, a tankless water heater, insulation, drywall, an updated bathroom and flooring, new exterior siding, windows, and doors. Original hardwood floors preserve a touch of vintage charm. The real opportunity extends beyond the existing home! Explore the potential for a condo regime and a larger second residence at the rear of the property, creating a compelling live-in-one/rent-the-other strategy or the opportunity to generate rental income from two separate homes, subject to City approvals. Location is a major differentiator, with convenient access to Austin-Bergstrom International Airport, Downtown Austin, East Austin, and Lady Bird Lake’s hike-and-bike trail. Most notably, the property sits adjacent to the planned Dog’s Head development, an ambitious 2,614-acre mixed-use district envisioned to bring housing, employment, retail, public open space, and miles of trails along the Colorado River. As this transformative project moves forward, investors have an opportunity to position themselves near a major planned growth area while exploring the potential to add a second residence and build long-term rental income. Whether you envision a dual-rental investment, an owner-occupied property with supplemental income, or a future development play, this is a unique opportunity to unlock value in an evolving corner of Austin. Buyer to independently verify zoning, condo regime eligibility, development feasibility, utilities, and all required City approvals.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1940

Living area

646 Sq Ft

Lot size

0.15 acres

Parking spaces

4

Ownership

Fee-Simple

Days on market

27

MLS^® Listing#

9968523

Property Features

Interior

Ceiling Fan(s) · Stone Counters

Appliances

Dishwasher · Free-Standing Electric Oven · Stainless Steel Appliance(s) · Range Hood

Cooling

Ceiling Fan(s) · Wall/Window Unit(s)

Heating

Electric

Flooring

Carpet · Wood

Pool

None

Parking

Off Street

Laundry

None

Patio

None

Fencing

Back Yard · Chain Link

Lot features

Back Yard · Front Yard · Level

Construction

Vertical Siding

Foundation

Pillar/Post/Pier

Roof

Shingle

Security

Smoke Detector(s)

Other structures

None

Community

Curbs

Utilities

Electricity Connected · Sewer Available · Water Connected

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Smith

Middle

Del Valle

High

Del Valle

Financial Details

HOA

None

Annual taxes

$6,015Tax year 2026

Assessed value

$290,540

Parcel number

03022004230000

Directions

From Hwy 71, head north on US-183. Turn right onto Thompson Ln, then left onto Hergotz Ln.