NewStabilized
$3,200,000
8-Unit Multifamily in Austin, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$400K
Within ~40 mi (34)$200K
Texas median (1,196)$92K
- $/unit
- $400,000
- ▲ 334% vs TX · 98th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2021
Financials
- Asking price
- $3,200,000
- Price per unit
- $400,000
- Price per sq ft
- $314
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2021
- Building size
- 10,200 sq ft
- Avg unit size
- 1,275 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1371
About this property
Highlights
- 8-unit, low-rise multifamily property located in East Austin’s Johnston Terrace submarket, comprising condominium-style units.
- Built in 2021, featuring modern construction and Class B quality design.
- Fully leased and income-producing at time of marketing.
- Located within a designated Opportunity Zone, providing potential tax advantages to investors.
- Situated in East Austin, near Govalle Park, with convenient access to Downtown Austin and major employment corridors.
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, TX | $1.19M | $237K$237K | — |
 Austin, TXNew construction | $20M | $625K$625K | — |
| Austin, TX | $1.25M | $208K$208K | — |
 Austin, TXStabilized | $18.4M | $635K$635K | 4.5% |
 Austin, TXNew | $1.65M | $275K$275K | — |