Active

1902 & 1904 David St ST

Austin TX, 78705

$2,600,000


$508.61 per sqft

Active

5,112 sqft

Multi-family

Built in 1927

A very rare opportunity to own 3 fully remodeled turnkey houses in West Campus. Prime WC location rented for 2 years in advance with strong solid leases and great cash flow. Easy walking distance to Campus and Capitol. Recently fully upgraded. It is 2 separate properties selling together for a total of 3 free-standing houses. There are no common walls, 3 separate houses each with a washer/dryer, and plenty of parking. All 3 houses are currently rented for a total of $16,800/mo. until July 31st, 2025, and already fully leased from Aug 7th, 2025, until July 31st, 2026, for $19,200/mo. Aug 2026 to July 2027 projected rents are at $20,150/mo. 1902 David B has great Downtown views from the rear patio and/or 2nd story, no back house neighbors, and walking/biking distance to UT. All units have hardwood floors on the first floor. The front houses are colonial style, and the back house is cabin style with a large open deck. Future re-development opportunity. Possibility for additional houses to be constructed in the lot as there is plenty of space.

2725715

MLS ID

December 7, 2024

Listed

December 18, 2024

Updated

Map

1902 & 1904 David St ST
Austin TX, 78705

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s), High Ceilings, Quartz Counters, Crown Molding, Gas Dryer Hookup, Primary Bedroom on Main, Recessed Lighting, Washer Hookup


Appliances

Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Washer/Dryer


Floor Description

Laminate, Tile, Wood


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

See Remarks


Lot Features

Sloped Up


Roof

Composition


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Austin


Elementary School

Casis

Other Property Details

Area Name

UT


Taxes

$25,437


Tax Frequency

Annually


Garage

No


Parking

Carport, Off Street, Open, Paved


View

Yes


View Description

City, Park/Greenbelt, Trees/Woods


County

Travis


Water Source

Public


Pool

No


Pool Features

None

Courtesy of Resavvy LLC

Listing Contact: (512) 762-8669

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Dolph Wilson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 9:48 PM UTC, 12/18/2024

 

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