$1,400,000
PENDING

Estimated payment $8,694/month

Total Views 18,483
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Are you in the market for a turn key arm chair investment....look no further. This is a solid brick 12-Unit in the heart of North Austin, that is vastly appreciating, while generating 174,000 per year with room for rent increases. Common areas and units are in great condition, consisting of 3-2br and 9-1br units with hardwood flooring, separate living/dining room, separate furnaces. Most unit are completely updated with new bathrooms and kitchens that include granite countertops and new appliances, newer plumbing in many areas, new roof, spot tuckpointing, new rear concrete, newer porches. Tenants responsible for electric, gas, heat. Each apartment has its own furnace. Close to public transportation and expressway providing easy access to Downtown. Security cameras on exterior and interior common areas. Maintenance man stays onsite. More room for rent increases. Agent interest. Motivated seller. Price is negotiable.

Listing Agent

Aziz Abdelmajeid

Inter Properties Inc License #471022605 Listed on: 05/12/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,059

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45x180

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $3,000
  • Fuel Expense $1,400
  • Insurance Expense $12,000
  • Maintenance Expense $2,000
  • Trash Expense $1,748
  • Water Sewer Expense $6,000
  • Operating Expense $38,600
  • Gross Income $174,000
  • Net Operating Income $135,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,059

Year Built

Built in 1925

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Outdoor Parking: Parking-Street

Utilities

  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Forced Air,Separate Per Unit

Fee Information

  • Trash Expense: 1748
  • Water Sewer Expenses: 6000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 45X180
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Multi Family

  • Net Operating Income: 135000
  • Fuel Expense: 1400
  • Insurance Expense: 12000
  • ElectricExpense: 3000
  • GrossIncome: 174000
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 38600
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13059
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,828 $53,885 $4,961 $48,924
2024 $21,828 $65,002 $7,632 $57,370
2023 $13,027 $103,455 $4,134 $99,321
2022 $13,027 $63,337 $4,134 $59,203
2021 $11,864 $59,000 $4,134 $54,866
2020 $14,320 $64,282 $4,134 $60,148
2019 $12,915 $64,282 $4,134 $60,148
2018 $12,698 $64,282 $4,134 $60,148
2017 $12,607 $58,566 $3,498 $55,068
2016 $11,730 $58,566 $3,498 $55,068
2015 $10,732 $58,566 $3,498 $55,068
2014 $10,866 $58,566 $3,498 $55,068
2013 $10,652 $58,566 $3,498 $55,068
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2026 06/29/26 Pending -- -- --
05/12/2026 05/12/26 For Sale $1,400,000 +115.4% --
09/12/2023 09/12/23 Sold $650,000 -7.1% -- View Prior Sale
04/12/2023 04/12/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $699,900 -12.5% --
01/10/2023 01/10/23 Price Changed $799,900 -5.9% --
11/12/2022 11/12/22 For Sale $849,900 +44.1% --
07/25/2019 07/25/19 Sold $590,000 -9.1% -- View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $649,000 -3.0% --
03/05/2019 03/05/19 For Sale $669,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title Insurance Compan
Warranty Deed $650,000 Fidelity National Title
Warranty Deed $590,000 First American Title
Quit Claim Deed -- Attorney
Trustee Deed -- None Available
Sheriffs Deed -- None Available
Trustee Deed $265,500 None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $825,000 Construction
Previous Owner $622,000 Construction
Previous Owner $442,500 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12645944

Midwest Real Estate Data (MRED)
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