6507 Hergotz LN, Austin, TX 78742
MLS #248724543 · Keller Williams Realty · Laura ivy Blessing
About this home
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 details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1940
- Full baths
- 1
- Lot size
- 0.1541
- Subdivision
- DELVALLE S
- MLS area
- SE
- MLS #
- 248724543
Features
Interior features
- Ceiling Fan(s)
- Stone Counters
Exterior features
- Exterior Steps
Additional details
- Parking
- Off Street
- Garage spaces
- 0
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Annual tax
- $6,014
Location
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Schools
Assigned schools per the MLS.
- School district
- Del Valle ISD
- Elementary
- Smith
- Middle
- Del Valle
- High
- Del Valle
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Getting around
- Downtown Austin
- 3.8 mi
- Austin-Bergstrom Airport
- 3.5 mi
Straight-line distance, not drive time.
Market insights
Compared with 9,360 active homes in Austin · HomeLocating listings
At $325,000, this home is priced 39% below the $530,000 median across 9,360 active homes in Austin.
Estimated monthly payment
Home price
$325,000
Down payment
20% ($65,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
Ask about renovation financing for this home
With a fixer-upper, you can often finance the home and the repairs together — loans like the FHA 203(k) and Fannie Mae HomeStyle roll the purchase price and the cost of the work into one mortgage. Whether this home qualifies and what it would take are confirmed with a lender. Tell us you're interested and we'll help you explore the options.
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Listing courtesy of Keller Williams Realty · Laura ivy Blessing
Listing data last updated Oct 18, 2026, 11:46 PM
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