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$1,191,340
NAL Estimated Property Value1206 Shelley Ave, Austin, TX, 78703
0 Bath
4,282 Sq Ft
Apartment
Built in 1948Highlights
Interior
Bathrooms 0
Garage Available
Heating Floor/WallExterior
Private PoolBuilding Information
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About this property
Incredible investment opportunity in West Austin’s most sought after neighborhoods, Clarksville. Six-unit apartment with 1940’s architectural charm including hardwood floors, tile baths, many windows & very charming. Nice size common back yard with carports for parking. Owned by same family for over forty years, current rents are below market with two units occupied by owner and family. Opportunities are unlimited with potential for higher rents or condo conversion. Walk to downtown,shops & pool park.Restrictions: Yes
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Learn About the Market: Opportunity in Austin
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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
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Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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