Investor opportunity in Austins coveted 78704. Offering a tenant-occupied 2-unit package (Units 106?107) within a 13-unit condominium community. Ideal for investors seeking immediate in-place cash flow and a long-term hold in a high-demand submarket.Both units are currently leased and are being marketed as a turnkey income bundle. Lease terms provide stability and reduced vacancy risk. Due to condominium characteristics and ownership concentration typical of small complexes, buyers should perform their own lender due diligence; cash preferred.Unit-level summary (buyer to verify):Unit 106: Annual tax $4,831.85 | HOA $354/mo | Rent $1,350/mo | Monthly charge $75/mo | Lease through 7/14/2025Unit 107: Annual tax $4,965.63 | HOA $354/mo | Rent $1,385/mo | Monthly charge $150/mo | Lease through 10/31/2026Monthly charges are additional income and reflect shared services billed separately from base rent (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity.Do not disturb tenants. Showings by appointment only. Prefer access after executed contract, with inspections coordinated to minimize tenant disruption. Other sale structures may be considered (larger bundle or individual units), subject to terms. No seller financing. All information deemed reliable but not guaranteed; buyer to verify HOA, taxes, leases, and all financials.
Listed By
Agency Name: StepStone Realty LLC
Agency Contact: (512) 213-0195
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 1,182.93 per month $689.93 Principal & Interest $402.58 Property Tax $90.42 Homeowner's Insurance
2005 Glen Allen St, Unit 106, 107 | MLS# 1182791
This land located at 2005 Glen Allen St, Unit 106, 107, Austin, TX 78704 is currently listed for sale with an asking price of $310,000. The property has approximately 0.09 Acres. Glen Allen St, Unit 106, 107 is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.