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$465,000

2005 Glen Allen ST 101, 102, 103, Austin, TX, 78704

On MarketInfo
Baths0 Bath
Baths2,397 Sq Ft
OtherOther
price_per_sqft$193.99 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Must-Sell

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer/Dryer Stacked
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard

About this property

Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 3-unit package (Units 101–103) within a 13-unit condominium community—ideal for investors seeking in-place cash flow and a long-term hold. All three units are leased with terms extending into 2026. Due to condominium characteristics and ownership concentration typical of small complexes, buyers should perform lender due diligence; cash preferred. Unit-level summary (buyer to verify): Unit 101: Annual tax $4,776.36 | HOA $345/mo | Rent $1,350/mo | Monthly charge $75/mo | Lease through 8/31/2026 Unit 102: Annual tax $4,831.85 | HOA $354/mo | Rent $1,350/mo | Monthly charge $150/mo | Lease through 9/30/2026 Unit 103: Annual tax $4,761.68 | HOA $343/mo | Rent $1,500/mo | Monthly charge $75/mo | Lease through 4/30/2026 Monthly charges are additional income and reflect shared services (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity. Do not disturb tenants. Showings by appointment only; access preferred after executed contract with inspections coordinated to minimize tenant disruption. Additional units may be available for purchase separately—please inquire. No seller financing. Information deemed reliable but not guaranteed; buyer to verify all financials and HOA details.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

Interested in this property?

Hiroki Irino

StepStone Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$345/month
5.947%

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

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2005 Glen Allen ST 101, 102, 103 | Property Details | No Agent List