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Investment Highlights

  • Fully rented
  • Open concept
  • Premiun Location

Executive Summary

Located in the heart of Austin’s coveted 78704, this fully leased investment opportunity features two duplexes totaling four 3-bedroom, 3-bathroom units, each thoughtfully designed with modern finishes, open-concept layouts, soaring ceilings, abundant natural light, spacious kitchens with large center islands, double vanities, generous storage, private balconies, and fenced yards.
Positioned just minutes from South Congress, Downtown Austin, and Zilker Park, the property offers tenants unparalleled access to Austin’s premier dining, shopping, entertainment, and employment centers.
The asset is currently 100% occupied, generating $20,000 in gross monthly rental income, providing immediate cash flow in one of Austin’s highest-demand submarkets. This is an exceptional opportunity for investors seeking a stabilized asset with strong income and long-term appreciation potential in a premier urban location.
Rent Roll available upon request. Contact the listing agent for additional financial information and property details.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $3,500,000
Price Per Unit $875,000
Sale Type Investment
Cap Rate 4.75%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Gross Rent Multiplier 14.58
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class B
Lot Size 0.37 AC
Building Size 4,364 SF
No. Stories 1
Year Built/Renovated 1985/2024
Parking Ratio 1.28/1,000 SF
Zoning MF-2 - MF-2 zoned

Amenities

Unit Amenities

  • Fireplace
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tub/Shower
  • Family Room
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 4 - 1,562
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
302222
Land Assessment
$631,356
Improvements Assessment
$1,351,238
Total Assessment
$1,982,594
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41479176

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 1109 W Annie St, Austin, TX 78704

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