1409 Enfield RD, Austin TX 78703

  • $2,500,000
1409 Enfield RD, Austin TX 78703
Commercial Sale Active
1409 Enfield RD, Austin TX 78703
1409 Enfield RD, Austin TX 78703
  • $2,500,000

Description

10-unit infill apartment community at the corner of Enfield and Marshall Lane in Clarksville. Rare and well-maintained offering – this property is walking distance to all things Clarksville, Downtown, Whole Foods, Lady Bird Lake, etc. Long history of 100% occupied building with very little turnover or down time between tenants. Low maintenance exterior featuring block and brick. Net Operating Income is $109,000. Top line recurring rental revenue based on April 2025 rent roll (attached) is over $200k/annually. All units are separately metered for all utilities including individual water meters. Many improvements over the past five years including new roof 2 years ago; and several full HVAC and water heater replacements. Detailed financials available to serious buyers. Future exit options include further updating/improvements to existing units; potentially adding additional units; re-developing the property, or condo regime formation of the current units. Priced at just $250k/door for a performing, high-quality building with lots of room for future upside, this is a rare and timely opportunity that features high-quality, stable tenants and cash-flow.

  • City Austin
  • State/county Travis
  • Zip/Postal Code 78703
  • Area Enfield B

Details

Updated on May 9, 2025 at 9:42 pm
  • Property ID: 3944958
  • Price: $2,500,000
  • Bedroom: 0
  • Bathroom: 0
  • Year Built: 1948
  • Property Type: Apartment
  • Property Status: Commercial Sale

Additional details

  • Flooring: Tile,Wood
  • Cooling: Central Air
  • Property Condition: Updated/Remodeled
  • Listing Terms: Cash,Committed Money,Conventional
  • Foundation Details: Pillar/Post/Pier
  • View: None
  • Estimated Taxes: 42927
  • Parking: Circular Driveway
  • Lot Size Area: 0.2957
  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Electricity Connected,Internet-Cable,Natural Gas Connected,Sewer Connected,Water Connected
  • Accessibility Features: None

Features

Contact Information

View Listings
MLS Import
  • MLS Import

Enquire About This Property

Compare listings

Compare
MLS Import
  • MLS Import