




$1,075,000
NAL Estimated Property Value206 E 31st ST 101-A, 201-B, Austin, TX, 78705
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About this property
INVESTMENT OPPORTUNITY! Rare, updated building with two 3 bed/2 full bath units just one block from UT in Prime North Campus. Comes with dedicated parking spots and garage spots. Students, grad students love the location, the amount of space, and the floor plan. Upper unit has large deck. Both units currently leased thru 7/31/23 with total lease income of $5950. Unit 201B leased for 2023-2024 school year for $3250/month. Unit 101A is currently listed for lease. Deeded as a 2-condo building. Use condo contract. Title open with Crystal Sandoval, WFG Title. Cash or hard money loan to purchase units together. Units may be purchased separately w/conventional financing. Ask agent for details. NOTE: Back garage apartment is not included, separate owner. Front building for sale only. Contact listing agent for showings & info. All listing information to be independently verified by buyer/buyer's agent.
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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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