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$310,000

2005 Glen Allen ST 106, 107, Austin, TX, 78704

On MarketInfo
Baths0 Bath
Baths1,552 Sq Ft
OtherOther
price_per_sqft$199.74 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Must-SellMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Yard

About this property

Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 2-unit package (Units 106–107) within a 13-unit condominium community. Ideal for investors seeking immediate in-place cash flow and a long-term hold in a high-demand submarket. Both units are currently leased and are being marketed as a turnkey income bundle. Lease terms provide stability and reduced vacancy risk. Due to condominium characteristics and ownership concentration typical of small complexes, buyers should perform their own lender due diligence; cash preferred. Unit-level summary (buyer to verify): Unit 106: Annual tax $4,831.85 | HOA $354/mo | Rent $1,350/mo | Monthly charge $75/mo | Lease through 7/14/2025 Unit 107: Annual tax $4,965.63 | HOA $354/mo | Rent $1,385/mo | Monthly charge $150/mo | Lease through 10/31/2026 Monthly charges are additional income and reflect shared services billed separately from base rent (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity. Do not disturb tenants. Showings by appointment only. Prefer access after executed contract, with inspections coordinated to minimize tenant disruption. Other sale structures may be considered (larger bundle or individual units), subject to terms. No seller financing. All information deemed reliable but not guaranteed; buyer to verify HOA, taxes, leases, and all financials.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /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
$354/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 106, 107 | Property Details | No Agent List