Welcome to a remarkable investment opportunity in Austin, Texas! Presenting a turn-key multifamily complex boasting five units in a truly spectacular location. This gem offers everything you need for a successful investment venture. New roof ensures worry-free maintenance for years to come, providing added value and peace of mind. The interiors have been thoughtfully improved with hardwood floors, granite countertops, renovated kitchens, and finishes throughout creating inviting living spaces. One standout feature of this complex is the absence of Homeowners Association (HOA) fees. Each unit is individually metered, making it convenient for tenants to manage and pay their own utilities. This property offers a unique advantage—an opportunity to sell units independently in the future. This opens up the potential for greater flexibility and profitability, allowing you to capitalize on the individual unit sales market. This feature provides added versatility and options for long-term growth and appreciation. Situated in one of Austin's most sought-after areas, this complex enjoys proximity to vibrant city life, renowned dining and entertainment options, and a wealth of recreational activities. Don't miss out on the chance to capitalize on this exceptional offering and embark on a prosperous investment journey.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
1,102
Year built
1977
Style
Condo/Co-op
County
Travis County
APN
970599
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
MF-2
Multifamily Residence Low Density District
Multifamily residence low density (MF-2) district is the designation for a multifamily use with a maximum density of up to 23 units per acre, depending on unit size. An MF-2 district designation may be applied to a use in a multifamily residential area located near single family neighborhoods or in an area for which low density multifamily use is desired.
Permitted uses
Include but are not limited to:
Agriculture-Other
Assembly/ meeting place
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Educational/school
Communications tower
Jun 7, 2012 • Final
Mechanical
Replace the gas furnace and air conditioning unit in an existing commercial building.
HVAC
Remodel
Sep 12, 2007 • Final
Building
Perform an interior remodel to an existing multi-family residential building and enclose the front porch entries.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: Concrete, Oversized, Parking Lot
Interior
Virtual Tour
Laundry Information
Features: Washer Hookup, Dryer Hookup, Stacked
Equipment
Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Interior Features
Window Features: Insulated Windows
Flooring: Carpet, Wood
Other Features: Granite Counters, Kitchen Island, Pantry
Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Location
Multi Unit Financial Information
Total Rent: $8,700
Unit Type 1
Unit Number: D
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Furnished Information: Unfurnished
Deposit: $2,100
Actual Rent: $2,100
Unit is Leased
Lease Expires: Thursday, August 31, 2023
Unit Type 2
Unit Number: C
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Unfurnished
Deposit: $2,100
Actual Rent: $2,100
Unit is Leased
Lease Expires: Wednesday, May 31, 2023
Unit Type 3
Unit Number: B
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Unfurnished
Deposit: $2,100
Actual Rent: $2,100
Unit is Leased
Lease Expires: Thursday, August 31, 2023
Unit Type 4
Unit Number: A
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Unfurnished
Deposit: $2,400
Actual Rent: $2,400
Yes
Lease Expires: Tuesday, June 20, 2023
Community Information
Community Features: Courtyard
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,102
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1977
Year Renovated: —
County: Travis County
APN: 970599
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Zilker Elementary School
Public PreK-5 • Assigned • 0.9mi
9/10
O Henry Middle School
Public 6-8 • Assigned • 3.2mi
6/10
Austin High School
Public 9-12 • Assigned • 2.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Many buyers want to stay close to downtown without paying 78704 prices. Neighborhoods like 78745, 78748, and 78749 continue to attract buyers looking for parks, local restaurants, mature trees and a shorter commute while still getting more house for...