For Sale Multi-Family MLS# ACT7336823

1701 Shadowview Dr

Austin, TX 78758

$640,000

About 1701 Shadowview Dr

Exceptional investment opportunity in the heart of North Austin! Austin Located on an expansive corner lot in the established Valley View Estates community, this rare duplex offers tremendous upside potential for investors, renovators, developers, or owner-occupants seeking additional rental income. Priced below market value and being sold as-is, this distressed property presents a unique chance to add value in one of Austin’s rapidly growing areas.

Featuring approximately 3,117 square feet of living space on nearly half an acre (21,700+ sq ft lot), the property includes a spacious unit mix with flexible living arrangements and strong income-producing potential. One side is currently tenant occupied, creating immediate rental revenue opportunities while allowing room for future improvements and increased cash flow.

The property offers desirable features including vaulted ceilings, granite countertops, multiple fireplaces, oversized parking, circular driveway access, private yard space, and attached garage parking. The generous lot size and corner positioning create additional possibilities for redevelopment, expansion, or long-term appreciation. An adjacent undeveloped lot is also reportedly available for purchase, opening the door for even greater development potential.

Ideally situated just minutes from The Domain, Q2 Stadium, and within walking distance to Austin Community College, the location provides excellent access to major employers, entertainment, dining, and transportation corridors throughout North Austin.

Whether you're searching for your next value-add project, a multi-generational living setup, or an income-producing asset in a high-demand growth corridor, this property delivers exceptional potential with substantial upside opportunity. Rarely do large duplex properties with this much land and positioning become available at this price point in North Austin.

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1973
Stories
One
Living area
3,113 sqft
Price / sqft
$206
Lot
0.498 AC / 21,692 SF
Original price
$640,000
MLS #
7336823

Interior

Features
Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Granite Counters, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
Appliances
Free-Standing Freezer, Gas Oven, Refrigerator
Flooring
Carpet, Tile, Vinyl
Heating
Natural Gas
Cooling
Central Air
Fireplaces
2
Laundry
In Unit

Exterior & lot

Features
Private Yard
Roof
Composition
Foundation
Slab
Lot
Corner Lot
Patio & porch
Porch
Fence
Back Yard
Parking
Additional Parking, Asphalt, Circular Driveway, Oversized
Garage spaces
4

Schools

District
Austin ISD
Elementary
Pillow
Middle
Burnet (Austin ISD)
High
Anderson

Utilities

Utilities
Electricity Available, Sewer Available
Water
Public
Sewer
Public Sewer
Security
Smoke Detector(s)
Green features
Other/See Remarks

Financial

Annual tax
$4,000
Tax year
2024
Parcel
264798
Legal
Lot 18 Valley View Estates
Special conditions
Standard

Location

Subdivision
Valley View Estates
County
Travis
Directions
From Round Rock head south on IH35 exit Parmer Ln then turn right headed west on Parmer. Turn left on Scofield Drive right on Shag Bark Trail then right on Shadowview Dr. destination will be on the left.

Location

Neighborhood
Valley View Estates

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Listed by Gary Bond, iPro Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.