Overview
- Property ID
- 2447037
- 1,552 ft2
- 0 ac
Description
Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 2-unit package (Units 106–107) within a 13-unit condominium community. Ideal for investors seeking immediate in-place cash flow and a long-term hold in a high-demand submarket.
Both units are currently leased and are being marketed as a turnkey income bundle. Lease terms provide stability and reduced vacancy risk. Due to condominium characteristics and ownership concentration typical of small complexes, buyers should perform their own lender due diligence; cash preferred.
Unit-level summary (buyer to verify):
Unit 106: Annual tax $4,831.85 | HOA $354/mo | Rent $1,350/mo | Monthly charge $75/mo | Lease through 7/14/2025
Unit 107: Annual tax $4,965.63 | HOA $354/mo | Rent $1,385/mo | Monthly charge $150/mo | Lease through 10/31/2026
Monthly charges are additional income and reflect shared services billed separately from base rent (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity.
Do not disturb tenants. Showings by appointment only. Prefer access after executed contract, with inspections coordinated to minimize tenant disruption. Other sale structures may be considered (larger bundle or individual units), subject to terms. No seller financing. All information deemed reliable but not guaranteed; buyer to verify HOA, taxes, leases, and all financials.
- Principal and Interest
- Property Tax
- HOA fee