603 W Grady Dr

Rare opportunity to make your dream HOUSE/DUPLEX/TRIPLEX Extra Large SF3 Lot. This charming Mid-Century Modern bungalow, currently configured as a single-family residence with an attached duplex (convertible to a triplex), presents a prime opportunity for renovation and investment in Austin's rapidly appreciating North Lamar neighborhood. Situated on a spacious 10,500 sq ft lot zoned SF-3 (which permits single-family homes, duplexes under certain conditions, and accessory dwelling units), the property is located just 10 minutes from downtown Austin and offers excellent proximity to major developments, including The Domain, the new Q2 Soccer Stadium, and the emerging Uptown Austin area. Key Property Features: Approximately 1,510 sq ft of living space 4 bedrooms and 3 bathrooms Open-concept layout with abundant natural light from large windows on nearly every exterior wall Original hardwood floors throughout (except kitchen) Vintage Mid-Century Modern architectural details Tenant in place with flexible lease terms (30 days to one year) Investment and Customization Potential: This property is sold AS-IS and represents an ideal candidate for buyers seeking a renovation project with strong long-term appreciation prospects. The solid structural foundation ("good bones") and generous lot size provide flexibility for: Restoring the home as a spacious single-family residence Converting to a multi-unit configuration (e.g., duplex or triplex) Expanding with additions such as a pool, guest house, garden, or accessory dwelling unit *Perfect for homebuyers or investors seeking a project in a prime location Original Mid-Century Modern Design: *Features original hardwood floors (except in the kitchen), vintage architectural details, and an abundance of natural light with windows on nearly every exterior wall. The area's ongoing growth positions this asset for significant value appreciation, making it attractive for both owner-occupants and investors. Endless Possibilities