2005 Glen Allen St #111

Austin, TX 78704

About this property

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.

About this property

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.

Features and Additional Information

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$465,000 Active
2,328 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
StepStone Realty LLC
1-512-213-0195
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Area Information

6 | Travis County | Hill Country Glen Allen Condo

$ 465,000
This listing is play_arrow 99.5% higher than the average in the area
$ 233,125 in the area
2,328 SqFt
This listing is play_arrow 50.0% larger than the average in the area
1,552 SqFt in the area
$ 200 $/SqFt
This listing is play_arrow 98.4% more than the average in the area
$ 101 $/SqFt in the area
215 days on site
This listing is play_arrow 5.7% above the average in the area
204 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Zilker
  • turned_in
    Middle School
    O Henry
  • turned_in
    High School
    Austin
Listed By Hiroki Irino
Brokerage: StepStone Realty LLC

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