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$1,550,000
Est. payment /mo
4,760 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,760 sqft
Price per Sqft $325
Subdivision Southwood Annex
MLS Listing ID 4617636
Year Built 1960
Tax Year 2025
Lot Size 0.349 Acres
Acres 0.3487
Property Sub-Type Multi Family
Source actris
Property Description
This is the kind of asset in Bouldin Creek that has strong upside .35 acres zoned MF 4, sitting less than two miles from downtown Austin in one of 512's most land-constrained neighborhoods.The play here is straightforward: collect rent today, capture upside tomorrow. Current rents are running well below market on a mix of four 1BD/1BA and two 2BD/1BA units - meaning a new owner can generate immediate returns through light renovation and a rent reset, or simply hold and let the land appreciate while Austin's density pressure does the work. The land story is real. MF-4 zoning allows 6+ additional units with height up to 60 feet. Feasibility study on hand to get an idea of potential yields. Whether you're a private investor looking for a stabilized Bouldin Creek hold, a developer eyeing a ground-up play, or a 1031 buyer needing a low-friction close - this checks the box.
Location
State TX
County Travis
Zoning MF-4
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
View None
Total Parking Spaces 10
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Special Listing Condition Standard
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Listed by Christie's Int'l Real Estate
NEARBY SCHOOL & BUSINESS
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