Under contract

Active Under Contract

1913 David ST

Austin TX, 78705

$1,295,000


$711.54 per sqft

Under contract

Active Under Contract

6 Beds

3 Baths

1,820 sqft

Residential

Built in 1940

A rare opportunity to own a fully remodeled West Campus House with a very strong cash flow and a 7%+ cap rate. This house had a complete remodel done! The lot also features a backyard and its own parking spaces! The House is fully pre-leased for the Aug 2025 to Aug 2026 term at $9,595 per mo. It is currently leased until July 31st, 2025 for $6600 a month. We are currently marketing the home for Aug 2026 - Aug 2027 pre-lease at $10,770/mo. Large lot with plenty of space for the Buyer to build another home in the back of the lot. Lots of upside coupled with the strong rents and caprate, location, and quality make this an incredible purchase opportunity!

9684128

MLS ID

October 19, 2024

Listed

December 18, 2024

Updated

Map

1913 David ST
Austin TX, 78705

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Breakfast Bar, Ceiling Fan(s), Tile Counters


Appliances

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


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

None


Lot Features

Alley Access, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate


Roof

Composition


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Austin


Elementary School

Bryker Woods

Other Property Details

Area Name

UT


Taxes

$13,479


Tax Frequency

Annually


Garage

No


Parking

Alley Access, Off Street, Parking Lot


View

No


View Description

None


County

Travis


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

12/6/2024

Under contract

11/3/2024

Price change

$1,295,000

-4%

10/20/2024

Price change

$1,345,000

-4%

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 Edward Sternberg 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 9:40 PM UTC, 12/18/2024

 

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