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Active Under Contract

Buy a multi-family propertyat 1911 Lightsey Road, Austin, TX 78704

$1,750,000

$0/mo

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Multifamily

4,925 Sq. Ft.

9,587 Sq. Ft. lot

344 Days on market

1302892 MLS ID

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About 1911 Lightsey Road multi-family property

Welcome to a remarkable investment opportunity in Austin, Texas! Presenting a turn-key multifamily complex boasting five units in a truly spectacular location. This gem offers everything you need for a successful investment venture. New roof ensures worry-free maintenance for years to come, providing added value and peace of mind. The interiors have been thoughtfully improved with hardwood floors, granite countertops, renovated kitchens, and finishes throughout creating inviting living spaces. One standout feature of this complex is the absence of Homeowners Association (HOA) fees. Each unit is individually metered, making it convenient for tenants to manage and pay their own utilities. This property offers a unique advantage—an opportunity to sell units independently in the future. This opens up the potential for greater flexibility and profitability, allowing you to capitalize on the individual unit sales market. This feature provides added versatility and options for long-term growth and appreciation. Situated in one of Austin's most sought-after areas, this complex enjoys proximity to vibrant city life, renowned dining and entertainment options, and a wealth of recreational activities. Don't miss out on the chance to capitalize on this exceptional offering and embark on a prosperous investment journey.
Welcome to a remarkable investment opportunity in Austin, Texas! Presenting a turn-key multifamily complex boasting five units in a truly spectacular location. This gem offers everything you need for a successful investment venture. New roof ensures worry-free maintenance for years to come, providing added value and peace of mind. The interiors have been thoughtfully improved with hardwood floors, granite countertops, renovated kitchens, and finishes throughout creating inviting living spaces. One standout feature of this complex is the absence of Homeowners Association (HOA) fees. Each unit is individually metered, making it convenient for tenants to manage and pay their own utilities. This property offers a unique advantage—an opportunity to sell units independently in the future. This opens up the potential for greater flexibility and profitability, allowing you to capitalize on the individual unit sales market. This feature provides added versatility and options for long-term growth and appreciation. Situated in one of Austin's most sought-after areas, this complex enjoys proximity to vibrant city life, renowned dining and entertainment options, and a wealth of recreational activities. Don't miss out on the chance to capitalize on this exceptional offering and embark on a prosperous investment journey.

Property details

Appliances and Equipment

Dryer

Dishwasher

Gas Range

Microwave

Refrigerator

Washer

House

Built in 1977

Stories: 2

4,925 sqft living area

Brick

Concrete

Stone

Community

Courtyard

Disclosures

Seller Disclosure

Exterior Features

Uncovered Courtyard

Fence

Privacy

Wood

Floors

Carpet

Wood

Foundation

Slab

Heating

Central

Interior Features

Granite Counters

Kitchen Island

Pantry

Laundry

Washer Hookup

Dryer Hookup

Stacked

Listing

Property Subtype: Quadruplex

Listed on 2023-05-20

Location

County: Travis

Subdivision: LIGHTSEY CONDOMINIUMS

Lot

0.2201 acres

Area: 0.2201

Cul-De-Sac

Garden

Few Trees

Parking

Concrete

Oversized

Parking Lot

Pets Policy

Cats OK

Dogs OK

Negotiable

Possession

Closing & Funding

Property

Resale

Roof

Shingle

Schools

Elementary School: Joslin

Elementary School District: Austin ISD

Middle School: O Henry

Middle School District: Austin ISD

High School: Austin

High School District: Austin ISD

Sewer

Public Sewer

Taxes

Year: 2022

Utilities

Cable Available

Electricity Available

Natural Gas Connected

Phone Available

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$12,668/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,645,000

+$52,500

$1,697,500

Seller agent commission$52,500 (3%)*

$0 (0%)

Buyer agent commission$52,500 (3%)*

$52,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $52,500 more selling your home
with an Unreal Estate agent

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State

  • Condos in Texas
  • Real Estate for Sale in Texas

Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Jul 22, 2023 at 8:01 p.m.

Property listed by DEN Property Group 512-222-3364 (512) 222-3364
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Listing Information © 2024. Data courtesy of the Austin Board of REALTORS®. All Rights Reserved.

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