$285,000

Property Overview

Positioned on a generous lot in East Austin, 5507 Burgundy Drive presents a four-bedroom, two-bath residence with substantial appeal for both owner-occupants and investors. Built in 1980, this single-level home spans 1,428 square feet and sits on over 6,500 square feet of land—an increasingly rare commodity in Austin's vibrant East side neighborhoods. The open floor plan includes formal living and dining areas, with the expansive backyard offering room for entertaining, gardens, or future development.

This Burgundy Drive property sits in a transitional pocket of East Austin, where neighborhood evolution creates unique opportunities for those seeking value or renovation potential. Priced at $285,000, the per-square-foot cost reflects the property's location and development possibilities rather than its current condition. The home's straightforward layout and generous lot size make it well-suited for various approaches—whether as a primary residence for a growing family, a rental investment, or a renovation project aligned with Austin's ongoing urban revitalization.

The extended time on market signals pricing opportunity for the right buyer. With strong East Austin demand from both homebuyers and investors, this Burgundy Drive residence merits serious consideration for anyone looking to build equity in one of Austin's most dynamic neighborhoods.

Agent Description

This charming single-level home in the heart of thriving East Austin, offers may possibilities. This 4-bedroom, 2-bath residence features a formal living and dining area, and a spacious backyard ideal for entertaining or relaxing. This home has great potential! Located in a transitional neighborhood, this property offers versatility for owner-occupants and investors alike. A rare find with multiple opportunities for homestead, long or short-term investment.

Property Details

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