Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 3-unit package (Units 111–113) 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. All three units are currently leased and marketed as a turnkey income package. Lease terms… Read More extend into 2026, providing stability and reduced vacancy risk. Condo characteristics and ownership concentration typical of small complexes may affect lending; buyer to perform lender due diligence. Cash preferred. Unit-level summary (buyer to verify): Unit 111: Annual tax $4,822.60 HOA $352/mo Rent $1,400/mo Monthly charge $75/mo Lease through 2/22/2026 Unit 112: Annual tax $4,822.60 HOA $352/mo Rent $1,350/mo Monthly charge $100/mo Lease through 9/16/2026 Unit 113: Annual tax $4,800.49 HOA $345/mo Rent $1,350/mo Monthly charge $125/mo Lease through 4/30/2026 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 (10-unit bulk, smaller bundles, 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. Read Less
Property listed by StepStone Realty LLC 512-213-0195 (512) 213-0195
Listing Snapshot
Days Online
34
Last Updated
Property Type
Triplex
Square Ft.
2,328
Lot Size
0.14 Acres
Year Built
1976
MLS Number
3218130
Additional Details
Building
Built in 1976, Stories: 2, 2,328 sqft living area, Stone, Wood Siding, Two
Community
Barbecue
Disclosures
Seller Disclosure
Exterior Features
Private Yard
Fence
Back Yard, Fenced, Privacy, Wood
Floors
Vinyl
Foundation
Slab
Heating
Central, Natural Gas
Home Owner's Association
Fee: $352, Fee Frequency: Monthly, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water
Interior Features
Ceiling Fans
Laundry
Inside, Laundry Closet, Main Level, Stacked
Lot
0.1401 acres, Area: 0.1401, Back Yard, Level
Parking
Assigned, Asphalt, Permit Required, Parking Lot
Pets Policy
Cats Ok, Dogs Ok
Property
3 units, Resale
Roof
Shingle
Sewer
Public Sewer
Taxes
Annual Amount: $4,823, Year: 2025
Utilities
Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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