Views
Address
3806 Southridge Drive Austin, TX
Price
$ 1,650,000
Property Attributes
  • MLS#8301606
  • TypeCommercial
  • CountyTRAVIS
  • CityAustin
  • Area6
  • NeighborhoodSouthridge Sec 02
  • Zip78704
  • StyleMultiFamily
  • Year Built1970
  • Taxes$ 23594
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6658
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Compass RE Texas, LLC
Data Source:
Austin Board of REALTORS
Property Description

8 UNIT COMPLEX!! --- Here is your chance to own a stabilized 8 unit apartment complex in the "coolest" zip code in Austin!! The current ownership group has put in over $120k in updates and repairs. PLEASE SEE THE ATTACHED DOCUMENTS TO THIS LISTING (RENT ROLL, P/L STATEMENT, CAPEX INFORMATION). 7/8 units have been renovated, please see the capex information to determine the level of renovation each unit has had (Premium or Platinum). There is still some value add opportunity for the next owner -- by raising rents, decreasing expenses, renovating unit #6, and continuing to update the exterior of the building. Seven units are 2bed/1bath, one unit is 1bed/1bath. This asset sits just a few miles from downtown and minutes away from St. Edwards University. You are also within walking distance to all kinds of restaurants, bars, shopping and retail. Not to mention some of your fellow Austin citizens like TESLA, Google, Facebook, Oracle, VRBO, Indeed, etc, etc....

Price History
1/16/2021 Listed $1,650,000

General Features

Accessibility None
Current Use MultiFamily
Flooring Carpet, Tile, Vinyl
Heating Central
MLS Area 6
New Construction No
Parking Features Open
Property SubType MultiFamily
Property Type CommercialSale
Sewer PublicSewer
Special Listing Conditions Standard
Terms Cash, Conventional
View TreesWoods
Zoning MF2
Zoning Description MF2

Interior Features

Air Conditioning Y/N Yes
Laundry Features WasherHookup, DryerHookup

Exterior Features

Building Area Total 6658.0
Foundation Details Slab
Horse Y/N Yes
Lot Size Acres 0.44
Lot Size Area 0.44
Lot Size Source PublicRecords
Number of Buildings 1
Road Surface Type Asphalt
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 78704

Price
AVG $7.03M
$1.65M
Taxes
AVG $36,754
$23,594
Visits
AVG 69
27
Year Built
AVG 1973
1970
Walkscore
AVG 68
45
Data Provided by Walkscore ® not using MLS data

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