Last 24 Hours
1Days on Market
4view
$1,350,000
218 W 51st St, Austin, TX, 78751
2 Bath
1,968 Sq Ft
Duplex
$685.98 / sqft
Built in 1942Property Lead Type:
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Interior
Bathrooms Full 2
Garage AvailableExterior
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About this property
Rare dual-lot portfolio sale. Exceptional opportunity to acquire 218 W 51st St and 5101 Leralynn St, Austin, TX 78751 together as a single package. These properties are being sold as one with the other, and the list price reflects both parcels. The 51st St property includes a vacant 1,968 sq ft duplex featuring original wood floors and a sprawling backyard. Positioned in prime Koenig Place Annex right across from neighborhood tennis courts, this package is perfect for a premium multi-unit redevelopment or a high-yield rental portfolio.
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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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