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.
2,288 Sq Ft
6,751.8 Sq Ft Partistørrelse
investering
1 766 USD Månedlig skatt
Bygget i 1956
MLS/Oppførings-ID 6989655
1 Historier
4 Enheter
Lot - Native Plants
Lot - Landscaped
Lot - Front Yard
Lot - Backyard
Rustfritt stål apparater
Construction - Hardi Plank Type
Construction - Vinyl Siding
Construction - Wood Siding
Cooling - Wall/window unit(s)
Privat hage
Inngjerdet
Wood
Fliser
Vinyl
Slab
Avtrekksvifte
Lot - Alley
Stacked
Tørketrommelkobling
Vaskemaskin tilkobling
In Unit Laundry
Skjermer
Doble vinduer
Persienner
Markiser
Patio
Kjøleskap
Mikrobølgeovn
Gasskomfyr
Gasskomfyr
Frittstående kjøleskap
Frittstående gasskomfyr
Oppvaskmaskin
Kokeplate
Innebygd gasskomfyr
Public Sewer
Public Water
Åpen planløsning
Frokostbar
Heating - Electric
Husdyr tillatt
TOTAL MÅNEDLIG KOSTNAD
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