Prime Austin investment opportunity! This detached 463 sq. ft. studio near St. John's is nearly complete and ready for an investor to cross the finish line. Designed for maximum return as a high-yield short-term rental (Airbnb) or a quick fix-and-flip, the heavy lifting on this standalone build is already done. Property Highlights Include: Layout: Freestanding studio featuring a full bathroom, dedicated kitchen area, and interior laundry hookups. Exterior: Standalone privacy and undeniable curb appeal. Completion Status: ~90% complete—just needs final cosmetic touches and permit reactivation to be market-ready. Scope of Work Needed: Install kitchen cabinets/countertops, mount a mini-split HVAC unit, finish out fixtures, and pull final permit sign-offs. Whether you are a seasoned builder looking for an easy turn-key project or a new investor seeking a low-risk entry into the Austin market, this property offers a clear, high-upside path to completion. Bring your contractor and turn this blank canvas into a cash-flowing asset!
CondoProperty Type
1985Year Built
823 sq ftLot Size
$196Price/Sq.Ft.
$113/moHOA Dues
1 spaceParking
Listed by Russell Artman• Open Book Real Estate LLC
St. Johns, located between North Lamar Boulevard and Interstate 35, is a residential and commercial Austin neighborhood with mid-century apartment courts and pocket parks. The neighborhood’s character concentrates around the North Lamar Boulevard and Rundberg Lane corridor, where taquerias, panaderías, barbershops, and small grocers line the sidewalks. Highland Lanes, Austin Community College Highland, and the Asian American Resource Center act as cultural anchors with bowling, classrooms, and community programming. Low-slung ranch homes mix with newer infill along wide streets and shaded yards. Little Walnut Creek and nearby greenbelts shape the landscape with trails and open space. Transit lines along Lamar and Rundberg connect daily routines to the rest of the city.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Main level primary suite
No interior steps (single-level living)
Open floorplan
Recessed lighting
Double pane windows
Bedrooms
Primary bedroom on the main level
Bathrooms
1 full bathroom
Kitchen
Appliances listed in remarks
Laundry & utility
In-unit laundry
Flooring
Laminate flooring
Heating & cooling
Ductless heating
Ductless cooling
Exterior features
Level lot
No additional exterior features listed
Home design
Single-story home
Faces northwest
Property listed as under construction
Parking
Off-street parking
Parking lot
1 total parking space
Construction
Cement siding
Asphalt roof
Slab foundation
Built by JESE Real Estate LLC (year built per public records)
Utilities
Electricity connected
Water connected (public)
Public sewer
HOA & community
Croslin Court Condominium HOA
HOA fee $113 monthly
Electricity and solar
View estimated energy costs and solar savings for this home
Multifamily residence medium density (MF-3) district is the designation for multifamily use with a maximum density of up to 36 units per acre, depending on unit size. An MF-3 district designation may be applied to a use in a multifamily residential area located near supporting transportation and commercial facilities in a centrally located area or in an area for which medium 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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 23 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Austin, TX • 78752
Average low and high temperatures (°F)
59
40
70
49
81
58
82
64
87
67
93
76
94
77
97
76
94
71
89
65
77
56
68
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in Austin. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate
$85,850
$855 over list price of $85K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $175K to $429K.