UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Hold
Purchase Type For Sale
Square Footage 2,690 sqft
Price per Sqft $741
Subdivision Longview Terrace
MLS Listing ID 4072121
HOA Y/N No
Year Built 1940
Annual Tax Amount $21,800
Tax Year 2022
Lot Size 0.254 Acres
Acres 0.254
Property Sub-Type Duplex
Source actris
Property Description
This is a rare opportunity to acquire a fully modernized, cash-flowing asset in the heart of West Campus — one of the most proven and resilient rental markets in the country, fueled by the University of Texas.
Two fully renovated houses on one lot:
Current Leases: $13,600/month through July 31, 2026
And also fully pre-leased for Aug 6 2026 to July 31st 2027 lease at $14,800 per month.
Investment Highlights:
Exceptional Location: Walking distance to UT Austin, Shoal Creek Trail, and Caswell Tennis Center
Immediate Cash Flow: High-quality tenants secured under long-term leases
Built-in Upside: Strong rent growth forecasted for the 2026 leasing cycle
High Demand Asset Class: Large, updated rental houses are in perpetual demand among UT student groups
Robust Fundamentals: Safety, walkability, rental stability, and market appreciation
Summary:
Outstanding income today, significant rent growth tomorrow, and long-term appreciation in one of the nation's most competitive real estate corridors.
This is the highest-yield, lowest-risk asset currently available in West Campus.
Location
State TX
County Travis
Area Ut
Interior
Interior Features See Remarks, Ceiling Fan(s), High Ceilings, Quartz Counters, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections
Heating Central, Separate Meters, See Remarks
Cooling Central Air, Multi Units
Flooring Wood
Fireplaces Type None
Fireplace Y
Appliance Dishwasher, Disposal, Refrigerator, Washer/Dryer Stacked
Exterior
Exterior Feature Exterior Steps
Garage Spaces 2.0
Fence Partial
Pool None
Community Features Tennis Court(s), Trail(s)
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Composition
Accessibility None
Porch Front Porch
Total Parking Spaces 6
Building
Lot Description Back Yard, Front Yard, Level
Faces West
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Bryker Woods
Middle Schools O Henry
High Schools Austin
School District Austin Isd
Others
Pets Allowed Cats OK, Dogs OK
Restrictions None
Acceptable Financing Cash, Conventional, 1031 Exchange
Tax Rate 1.9818
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK