




$310,000
2005 Glen Allen ST 106, 107, Austin, TX, 78704
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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.
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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.
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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