Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 3-unit package (Units 111-113) within a 13-unit condominium community. Ideal for investors seeking immediate in-place cash flow and a long-term hold in a high-demand submarket. All three units are currently leased and marketed as a turnkey income package. Lease terms extend into 2026, providing stability and reduced vacancy risk. Condo characteristics and ownership concentration typical of small complexes may affect lending; buyer to perform lender due diligence. Cash preferred. Unit-level summary (buyer to verify):Unit 111: Annual tax $4,822.60 | HOA $352/mo | Rent $1,400/mo | Monthly charge $75/mo | Lease through 2/22/2026Unit 112: Annual tax $4,822.60 | HOA $352/mo | Rent $1,350/mo | Monthly charge $100/mo | Lease through 9/16/2026Unit 113: Annual tax $4,800.49 | HOA $345/mo | Rent $1,350/mo | Monthly charge $125/mo | Lease through 4/30/2026 Monthly charges are additional income and reflect shared services billed separately from base rent (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity. Do not disturb tenants. Showings by appointment only. Prefer access after executed contract, with inspections coordinated to minimize tenant disruption. Other sale structures may be considered (10-unit bulk, smaller bundles, or individual units), subject to terms. No seller financing. All information deemed reliable but not guaranteed; buyer to verify HOA, taxes, leases, and all financials.
| MLS # | 3218130 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $352 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 218 |
| Listing Provided By | StepStone Realty LLC | Hiroki Irino |
| SQ Feet | 2,328 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.14 |
| Water Front | Yes |
| Property View | None |
| Interior Features | Ceiling Fan(s) |
|---|---|
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Heating | Central, Natural Gas |
| Appliances | Dishwasher, Dryer, Range, Refrigerator, Washer/Dryer Stacked |
| Fireplaces Total | 0 |
| Window Features | Aluminum Frames |
| Flooring | Vinyl |
| Exterior Features | Private Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Slab |
| Lot Features | Back Yard, Level |
| Patio And Porch Features | Enclosed, Porch |
| Fencing | Back Yard, Fenced, Privacy, Wood |
| Construction Materials | Wood Siding, Stone |
| Parking Features | Asphalt, Parking Lot, Permit Required, Reserved |
|---|---|
| Garage Spaces | 0 |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 4822 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Hill Country Glen Allen Condo |
| School District | Austin ISD |
| Elementary School | Zilker |
| High School | Austin |
| Listing VS Median (in Hill Country Glen Allen Condo) | |
Price: $465,000 low | high Med: $233,125 sqft: 2,328 low | high Med: 1,552 $ / sqft: $200 low | high Med: $101 On site: 218 low | high Med: 206.5 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Hill Country Glen Allen Condo |
| School District | Austin ISD |
| Elementary School | Zilker |
| High School | Austin |
| Listing VS Median (in Hill Country Glen Allen Condo) | |
Price: $465,000 low | high Med: $233,125 sqft: 2,328 low | high Med: 1,552 $ / sqft: $200 low | high Med: $101 On site: 218 low | high Med: 206.5 | |