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Jona Ten Eyck

jona@jonarealtor.com +1(512) 917-3767

Est. payment - /mo

2,288 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,288 sqft

Subdivision Peterson

MLS Listing ID 6989655

HOA Y/N No

Year Built 1956

Annual Tax Amount $21,187

Tax Year 2026

Lot Size 6,751 Sqft

Acres 0.155

Property Sub-Type Quadruplex

Source actris

Property Description

Rare opportunity to acquire a stabilized, income-producing multifamily property in the heart of West Campus, one of Austin's most dynamic and redevelopment-focused neighborhoods. Just minutes from The University of Texas, downtown Austin, Texas Capitol Building, and major medical centers, this unique investment features five furnished income-producing studio residences with multiple rental strategies, including mid-term, long-term, and short-term rental potential.

The heavy lifting has already been done. Units A through D are fully furnished. Unit A is leased through the end of 2026, Units B and C are secured under a new two-year lease with an experienced furnished rental operator, and Unit G is leased to the property's on-site cleaner, providing immediate cash flow with minimal day-to-day management. The owner currently manages only one active Airbnb, while preserving significant future operational flexibility.

Each studio offers private exterior access, modern finishes, updated kitchens and baths, mini-split HVAC systems, in-unit laundry, and private fenced patios. Four off-street parking spaces add significant value in one of Austin's most supply-constrained rental markets.

Beyond today's income, the property offers exceptional long-term potential. West Campus has been the focus of Austin's planning efforts for more than two decades, with the City encouraging high-density, pedestrian-oriented redevelopment around the University of Texas through the University Neighborhood Overlay (UNO) and its ongoing updates. The area continues to be one of Austin's highest priorities for urban growth and increased housing capacity, making this an attractive long-term hold with future redevelopment and assemblage potential. Buyers may continue the current stabilized leasing strategy, expand furnished rental operations as leases expire (subject to applicable regulations), or position the property for future redevelopment as the neighborhood continues to evolve.

Location

State TX

County Travis

Area Ut

Interior

Interior Features See Remarks, Breakfast Bar, Open Floorplan, Stackable W/D Connections

Heating See Remarks, Electric

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace Y

Appliance See Remarks, Built-In Gas Range, Dishwasher, Microwave, Refrigerator

Exterior

Exterior Feature Private Yard

Fence See Remarks, Wood

Pool None

Community Features None

Utilities Available See Remarks, Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 4

Building

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Austin Isd

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Listed by DEN Property Group • Robert Lemon

NEARBY SCHOOL & BUSINESS

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Jona Ten Eyck

+1(512) 917-3767

Agent | License ID: 556803

Agent License ID: 556803

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2201 Leon ST Austin, TX 78705

Jona Ten Eyck

Key Details

Location

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

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