1 / 2▼ 11% cutValue-add
$1,250,000
6-Unit Multifamily in Austin, TX
TX · listed Mar 19, 2026 (222 days)
▼ Reduced 10.7% on Oct 12, 2026, was $1,400,000
Price per unit compared
This property$208K
Within ~40 mi (36)$200K
Texas median (1,196)$92K
- $/unit
- $208,333
- ▲ 126% vs TX · 88th pct
- Cap rate
- 4.1%
- ▼ 3.3 pts vs TX median
- NOI
- $51K
- $8,500/unit/yr
- Units
- 6
- 1 bldg · 1960
Financials
- Asking price
- $1,250,000
- Price per unit
- $208,333
- Price per sq ft
- $263
- Gross rent / year
- Not stated
- Net operating income
- $51,000
- NOI per unit
- $8,500
- Cap rate
- 4.1%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- 4×1BD/1BA | 2×2BD/1BA
- Buildings
- 1
- Year built
- 1960
- Building size
- 4,760 sq ft
- Avg unit size
- 793 sq ft
- Lot size
- 0.35 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 19, 2026
- Days on market
- 222 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 12, 2026: $1.4M → $1.25M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1653
About this property
Bouldin Creek Value-Add | 6 Units | MF-4 |.35 AC - 78704
6-unit apartment complex in the heart of Bouldin Creek, one of Austin's most supply-constrained residential submarkets. Sitting on.35 acres zoned MF-4, the site carries the ability to add six units via feasibility study.
Multifamily site ready for value add
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Austin, TXNewStabilized | $1.7M | $340K$340K | — |
 Austin, TXNewNew construction | $6.89M | $862K$862K | — |
 Austin, TXNew | $1.65M | $275K$275K | — |
 Austin, TXStabilized | $1.6M | $200K$200K | 5.1% |
 Austin, TXValue-add | $2.38M | $99K$99K | 3% |
| Austin, TX | $1.19M | $237K$237K | — |