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519 Lightsey Rd
Austin, TX 78704
Lightsey Place · Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • Condo Potential
  • Great unit mix
  • Favorable upside and proof of concept on renovated units
  • In the path of a major development corridor along South First. Stable working-class tenant base for young professionals with jobs on South Congress

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.43 AC
Building Size 8,700 SF
Average Occupancy 100%
No. Stories 2
Year Built 1967
Parking Ratio 1.67/1,000 SF
Zoning MF-3-NP, Austin

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony

SITE AMENITIES

  • Laundry Facilities
  • Picnic Area

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - 525
2+1 6 - 860

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
309923
Land Assessment
$1,875,000
Improvements Assessment
$0
Total Assessment
$1,875,000
  • Listing ID: 30021759

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 519 Lightsey Rd, Austin, TX 78704

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