2411 S 5th ST, Austin, TX 78704
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2411 S 5th ST, Austin, TX 78704
2411 S 5th ST, Austin, TX 78704
2411 S 5th ST, Austin, TX 78704
2411 S 5th ST, Austin, TX 78704
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 1,550,000
Est. payment /mo
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Active

2411 S 5th ST Austin, TX 78704

4,760 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $325

Subdivision Southwood Annex

MLS Listing ID 4617636

Year Built 1960

Tax Year 2025

Lot Size 0.349 Acres

Acres 0.3487

Property Sub-Type Multi Family

Source actris

Property Description

This is the kind of asset in Bouldin Creek that has strong upside .35 acres zoned MF 4, sitting less than two miles from downtown Austin in one of 512's most land-constrained neighborhoods.The play here is straightforward: collect rent today, capture upside tomorrow. Current rents are running well below market on a mix of four 1BD/1BA and two 2BD/1BA units - meaning a new owner can generate immediate returns through light renovation and a rent reset, or simply hold and let the land appreciate while Austin's density pressure does the work. The land story is real. MF-4 zoning allows 6+ additional units with height up to 60 feet. Feasibility study on hand to get an idea of potential yields. Whether you're a private investor looking for a stabilized Bouldin Creek hold, a developer eyeing a ground-up play, or a 1031 buyer needing a low-friction close - this checks the box.

Location

State TX

County Travis

Area 6

Zoning MF-4

Interior

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

View None

Accessibility None

Total Parking Spaces 10

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Restrictions Deed Restrictions,Livestock

Acceptable Financing Cash, Conventional, Lender Approval

Tax Rate 2.04

Listing Terms Cash, Conventional, Lender Approval

Special Listing Condition Standard

Listed by Christies Intl Real Estate Lone Star • Viktoriia Jones

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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2411 S 5th ST