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1909 David ST Austin, TX 78705
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $705
Subdivision Carrington
MLS Listing ID 6109130
Bedrooms 5
Full Baths 3
Year Built 1930
Annual Tax Amount $13,246
Tax Year 2025
Lot Size 7,914 Sqft
Property Sub-Type Single Family Residence
Property Description
Amazing location walking distance to UT, and Piece Park. Easy access to MLK, Lamar and Downtown. The House is pre-leased lease at $9,250/month for a lease from Aug 2026 to July 31st 2027 and can be pre-leased for Aug 2027 move in at $9,495/mo. That is a 6.70% cap rate, based on the Aug 2026 rent amount, and close to 7% cap rate based on the Aug 2027 projected rent amount - best on the market for a top of the line property and location. Currently leased at $5,600 until July 31s 2026. Super safe investment in a very high demand area that offer cashflow, security and appreciation and rent growth potential. Remodeled house: full new kitchen (cabinets, quartz countertops, SS appliances, open concept with island) -updated bathrooms (vanity, tile, toilets, showers)-new wood flooring throughout -new hardware and lighting fixtures throughout -reglazed windows -full interior/exterior prep, trim, and painting -updated plumbing and electrical (where necessary)-foundation repair w warranty -all new xeriscape landscaping in front -all new xeriscaped backyard with deck and privacy fencing -full finished detached casita (new bathroom, flooring, paint, lighting, fixtures, AC/HVAC) with private parking in alley. Listing agent is 50% owner of the property owner LLC.
Location
State TX
County Travis
Area Ut
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Wood
Exterior
Exterior Feature Exterior Steps, Private Yard
Fence Wood
Pool None
Community Features High Speed Internet, Park, Trail(s)
Utilities Available Cable Available, Electricity Available, Other, Natural Gas Available, Sewer Connected
Waterfront Description None
View Neighborhood
Roof Type Metal
Building
Lot Description Alley, Back Yard, Curbs, Front Yard, Interior Lot, Near Public Transit, Private, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Bryker Woods
Middle Schools Bailey
High Schools Austin
School District Austin Isd
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Compass RE Texas, LLC
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