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- LoopNet Team
2201 Leon St
Austin, TX 78705
Campus Flats · Multifamily Property For Sale
·
6 Units

INVESTMENT HIGHLIGHTS
- Stable Cash Flow
- Ideally Located
- Huge Potential as a Residential Redevelopment
- Value Add with 6th Unit
- Alley Access
- High Rental Renewal Rate
PROPERTY FACTS
| No. Units | 6 | Building Size | 2,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | MF4 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | MF4 |
ABOUT 2201 LEON ST , AUSTIN, TX 78705
Campus Flats is a 5-unit (plus garage) multifamily property located in the heart of West Campus just steps from all of UT's main hot spots. Prime 78705 location just a short walk to UT Campus / The Drag. 5-10 minute drive (even during rush hour) to Downtown. Laundromat and grocery store within 3 blocks. Quiet street, only 4 units in the building, very private. Newly refurbished, open studio floor plan. Gas range in each unit. Large walk-in closets for residents. Street parking available with easy/inexpensive permit application process. Colorful, active, dynamic, energetic, diverse – all of these apply to West Campus, and with its large amount of students in the neighborhood, it’s easy to see why. The brightly-painted buildings, the trendy little pizza joints, and even the amount of bicycles in the area help define this neighborhood as a haven for University of Texas-Austin students. But even if you aren’t a student, this neighborhood is terrific – there are plenty of apartments to choose from, the housing stock is diverse, and the location is ideal. West Campus extends from Lamar Boulevard to “the Drag,” or Guadalupe Street. The Drag is where you’ll find a wide selection of shops, restaurants, and bars. These include local favorites like Cabo Bob’s, Halal Bros, the Spider House Café and Ballroom, and Kerbey Lane Café. On the west side, things are a little quieter with Pease Park and the Shoal Creek Greenbelt framing the area. No matter where in West Campus you choose to rent, you’ll be well within walking distance of campus, the Museum District, and Austin Community College.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
LINKS
PROPERTY TAXES
| Parcel Number | 112454 | Improvements Assessment | $21,968 |
| Land Assessment | $1,012,500 | Total Assessment | $1,034,468 |
PROPERTY TAXES
Listing ID: 18510804
Date on Market: 2/13/2020
Last Updated:
Address: 2201 Leon St, Austin, TX 78705
The West Campus Austin Multifamily Property at 2201 Leon St, Austin, TX 78705 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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