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$1,185,000
5-Unit Multifamily in Austin, TX
Travis County, TX · listed Sep 2, 2026 (56 days)
Price per unit compared
This property$237K
Within ~40 mi (33)$200K
Texas median (1,196)$92K
- $/unit
- $237,000
- ▲ 157% vs TX · 91st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
Financials
- Asking price
- $1,185,000
- Price per unit
- $237,000
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 2, 2026
- Days on market
- 56 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1339
About this property
Multifamily | 5 Units
Highlights
- Five individually leased 4bd/4ba condos
- 20 rentable bedrooms in an established UT/young professional student/roommate-oriented area
- Across from new River Park Development with 4,000 seat music venue slated to open the first quarter of 2027 and to employ 40-50 individuals
- UT bus and city metro bus stop at street
- Less than 10 minutes to downtown & Lady Bird Lake
- Highly walkable area
- Excellent shopping and restaurants
- Walk to HEB Grocery Store
- Pool on property
- HOA covers high speed internet, water, parking and trash
- Each unit in excellent condition
- Short Term Rentals Allowed
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Austin, TX▼ 6% cutStabilized | $895K | $75K$75K | 6.5% |
 Austin, TXNewStabilized | $3.2M | $400K$400K | — |
 Austin, TXStabilized | $18.4M | $635K$635K | 4.5% |
 Austin, TX▼ 11% cutValue-add | $1.25M | $208K$208K | 4.1% |
 Austin, TXNewStabilized | $1.7M | $340K$340K | — |
 Austin, TXNew | $1.65M | $275K$275K | — |