$430,000

Description

Excellent investment, multigenerational, or leasing opportunity featuring two separate residences on approximately 1.01 acres near Circuit of the Americas. The property includes an approximately 1,568-square-foot Clayton manufactured home with 3 bedrooms and 2 bathrooms, plus an approximately 1,147-square-foot site-built residence offering 2 bedrooms and 1 bathroom. Both homes feature open-concept layouts, wood-look laminate flooring, kitchen islands, oak cabinetry, refrigerators, covered front porches, and freshly painted exteriors. Each residence is served by its own independent septic system, creating flexibility for separate occupancy, extended family, or rental use. The manufactured home was previously placed at 162 Tesoro Way and subsequently moved to its current location at 231 La Fortuna Drive. Due to the property configuration and relocation history, conventional agency financing may not be available. Buyers should verify available financing with their lender; specialized conventional, portfolio, or brokered loan programs may require approximately 25%–35% down, depending on lender guidelines and borrower qualifications. Conveniently located near Circuit of the Americas, Tesla, Austin-Bergstrom International Airport, and major Austin-area growth corridors. A unique opportunity to acquire two residences on one tract with multiple potential income and occupancy strategies. Short-term rental, business, and other uses are subject to applicable governmental regulations and restrictions.

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