Stabilized
$795,000
6-Unit Multifamily in Austin, TX
Travis County, TX · listed Jul 23, 2026 (97 days)
Price per unit compared
This property$133K
Within ~40 mi (31)$208K
Texas median (1,196)$92K
- $/unit
- $132,500
- ▲ 44% vs TX · 70th pct
- Cap rate
- —
- NOI
- $26K
- $4,339/unit/yr
- Units
- 6
Financials
- Asking price
- $795,000
- Price per unit
- $132,500
- Price per sq ft
- $166
- Gross rent / year
- $66,300
- Net operating income
- $26,034
- NOI per unit
- $4,339
- Cap rate
- Not stated
- Gross yield
- 8.3%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Six 1BR/1BA units
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 4,800 sq ft
- Avg unit size
- 800 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 23, 2026
- Days on market
- 97 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1993
About this property
Six-Unit Central Austin Infill Asset with 12% Rent Upside and Immediate Cash Flow
Highlights
- Six-Unit Multifamily Asset — Six 1BR/1BA units totaling ±4,800 SF, with a uniform ±800 SF floor plan across all apartments.
- Immediate In-Place Cash Flow — Current scheduled rent totals $5,525/month ($66,300 annually), providing immediate in-place cash flow upon acquisition.
- Rent Upside — Underwriting projects market rent of $6,200/month versus the current $5,525/month, representing $675/month in loss-to-lease, or 12.2% upside.
- Attractive Infill Basis — Acquisition at $795,000 equates to approximately $165.63 per square foot and $132,500 per unit, representing an attractive basis for a well-located infill asset.
- Stabilized NOI Growth Potential — Underwritten NOI increases from the historical $26,034 to $39,676.50 in Year 1 (adjusted) and $40,048.50 at stabilized market rents.
- Prime Central Austin Location — Located at (address on request), Austin, TX 78756, the property is situated in a desirable Central Austin
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Austin, TX | $1.8M | $360K$360K | 2.9% |
 Austin, TXNew | $1M | $125K$125K | — |
 Austin, TX▼ 14% cutValue-add | $2.15M | $143K$143K | — |
| Austin, TX | $1.25M | $208K$208K | — |
 Austin, TX | $925K | $116K$116K | 5.8% |
 Austin, TXStabilized | $2.25M | $141K$141K | 4% |