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Jona Ten Eyck

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

$1,180,000

Est. payment - /mo

2,533 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,533 sqft

Price per Sqft $465

Subdivision Shelton Willie I

MLS Listing ID 8687427

HOA Y/N No

Year Built 1954

Annual Tax Amount $14,686

Tax Year 2026

Lot Size 8,611 Sqft

Acres 0.1977

Property Sub-Type Triplex

Source actris

Property Description

Rare 3-unit income-producing and redevelopment opportunity in the desirable Bouldin area of 78704, minutes from Downtown Austin! Situated on an approximately 8,612 SF (.198-acre) corner lot in prime Central Austin, this property generates approximately $6,600/month ($79,200 annually) in current gross rental income per seller, across three separate units - an exceptional opportunity for an investor, owner-occupant, or builder.

UNIT MIX:

Main House: +/-1,104 SF, 2BR/2BA, renovated 2021
Unit A (Rear Building, Upper): +/-660 SF, 2BR/1BA, large porch screened in 2021, washer/dryer, updated HVAC - leased to long-term tenants in place approximately 10 years
Unit B (Rear Building, Lower): +/-660 SF including storage area, 1BR/1BA, furnished, washer/dryer - currently operated as a short-term rental (STR)

Each rear unit has its own private entrance and access to the gated yard. All three units are currently occupied; rent roll and lease details available upon request. Owner pays utilities. Parking for up to 7 vehicles. STR potential for the other units is subject to buyer verification of applicable city regulations, permitting, and requirements. SF per Travis CAD; approximate, buyer to verify.

Income from day one, with clear value-add upside: Unit A's interior has not been updated, presenting an opportunity to renovate and potentially increase rental income, and the storage area may be converted to expand Unit B's living space, subject to buyer verification of permitting. 2021 Main House updates include a remodeled bathroom, refinished original hardwood floors, fresh paint, new refrigerator, and foam insulation in the walls and under the house. Updated windows throughout.

Investment paths: hold as a stabilized income-producing asset, renovate Unit A and expand Unit B to increase rents, or pursue redevelopment. The corner lot may support redevelopment into up to three separate residences, subject to buyer verification of zoning.

Location

State TX

County Travis

Interior

Interior Features See Remarks

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater

Exterior

Exterior Feature See Remarks, Private Entrance, Private Yard

Fence Block, Wood

Community Features None

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

Waterfront Description None

View None

Roof Type Membrane,Shingle

Porch Covered, Porch, Screened, Side Porch

Total Parking Spaces 7

Building

Lot Description Back Yard, Corner Lot, Front Yard, Level

Faces North

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type HardiPlank Type,Stone

New Construction No

Schools

Elementary Schools Travis Hts

Middle Schools Lively

High Schools Travis

School District Austin Isd

Others

Pets Allowed Cats OK, Dogs OK

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Listed by Compass RE Texas, LLC

NEARBY SCHOOL & BUSINESS

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Jona Ten Eyck

+1(512) 917-3767

Agent License ID: 556803

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401 W Live Oak St Austin, TX 78704

Jona Ten Eyck

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION