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516 E 40th St
Austin, TX 78751
40 Hyde Park · Multifamily Property For Sale · 10 Units

INVESTMENT HIGHLIGHTS

  • This exceptional 10-unit apartment community provides a turnkey investment with a top-tier location at the heart of Hyde Park.
  • Near major demand drivers, including the University of Texas Law School, St. David's Hospital, and the University of Texas DKR Memorial Stadium.
  • The property attracts tenants with proximity to Hancock Park & Golf Course, quality shopping and dining amenities, and large job centers.
  • The property will be fully occupied as of February 1st, 2025.

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 3,960 SF
No. Stories 2
Year Built/Renovated 1972/2016
Parking Ratio 2.52/1,000 SF
Zoning SF-3-CO-NP

AMENITIES

SITE AMENITIES

  • Smoke Free
  • Bicycle Storage
  • Community-Wide WiFi

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 - 396

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
213238
Land Assessment
$391,985
Improvements Assessment
$1,192,015
Total Assessment
$1,584,000
  • Listing ID: 33932019

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 516 E 40th St, Austin, TX 78751

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