Description
TURNKEY CENTRAL AUSTIN CONDO PORTFOLIO | 7 UNITSRare opportunity to acquire seven income-producing condominium units as a portfolio in the sought-after Allandale area of Central Austin. The portfolio includes six 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, offering an exceptional opportunity for an investor seeking a turnkey rental portfolio in a highly desirable location.Several units are currently furnished and have been successfully utilized for short-term and longer-term rentals. Two of the one-bedroom units and the two-bedroom unit are furnished, while all units have historically been income-producing, with the exception of the 2-bedroom unit, which has been used as a secondary residence.The units are ideally positioned within a peaceful, private condominium community with established charm and laid-back Austin vibes, featuring courtyard views and mature oak trees providing beautiful shade.Furnishings and chattels convey with the sale, allowing for a seamless transition for continued rental use. Furnishings include king beds, bedding, sofas, desks and chairs, wall art, and fully equipped kitchens. Each unit also includes a refrigerator, washer and dryer, and Nest thermostat.The community offers an impressive collection of amenities, including a pool, clubhouse, fitness center, common-area workspaces, event space, and game room.HOA dues include high-speed internet and cable, water and wastewater, trash, recycling and composting, and parking for two vehicles per unit.HOA rules require a minimum 30-day rental period.Conveniently located in Central Austin with easy access to Burnet Road’s popular restaurants, coffee shops and shopping, as well as Northwest Park and surrounding neighborhood amenities. The property also feeds to excellent schools, adding to its long-term appeal.A unique opportunity to acquire a turnkey, furnished-ready portfolio in one of Central Austin’s most established and desirable neighborhoods.
Details
| MLS # | 8240841 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $282 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 30 |
| Listing Provided By | All City Real Estate Ltd. Co | Melinda Lear |
Features
| Story(s) | 1 |
|---|---|
| Acreage | 0.03 |
| Water Front | Yes |
| Property View | See Remarks, Pool, Trees, Woods |
Interior
| Interior Features | See Remarks, Stone Counters, Open Floorplan, Pantry, Primary Bedroom on Main |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | See Remarks, Refrigerator, Washer/Dryer Stacked |
| Fireplace Features | See Remarks |
| Fireplaces Total | 1 |
| Window Features | See Remarks |
| Flooring | Tile |
Exterior
| Exterior Features | Balcony, Uncovered Courtyard, Garden, Private Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | See Remarks |
| Lot Features | See Remarks |
| Patio And Porch Features | See Remarks |
| Fencing | Wood |
| Construction Materials | See Remarks |
| Security Features | Security Fence |
Parking
| Parking Features | See Remarks, Parking Lot |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | See Remarks, Electricity Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78757 |
| Area | 2 |
| Community Name | The Allandale |
| School District | Austin ISD |
| Elementary School | Gullett |
| High School | McCallum |
| Listing VS Median (in The Allandale) | |
Price: $1,220,000 low | high Med: $90,598 On site: 30 low | high Med: 101.5 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 30, 2026 at 12:42:08 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78757 |
| Area | 2 |
| Community Name | The Allandale |
| School District | Austin ISD |
| Elementary School | Gullett |
| High School | McCallum |
| Listing VS Median (in The Allandale) | |
Price: $1,220,000 low | high Med: $90,598 On site: 30 low | high Med: 101.5 | |
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