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$2,592,836

311 Leland St, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths2,224 Sq Ft
QuadruplexQuadruplex
price_per_sqft$625 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesFree-Standing Range, Refrigerator, Solar Hot Water
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size21,736 sqft

Building Information

Year Built1935
Stories1
Roof Type112

Land Information

APN03030002050000
SubdivisionSwisher Addn
Land UseResidential
Legal Description105X210FT SWISHER ADDN
Census Tract001401
Assessed Land Value$1,061,047
Assessed Improvement Value$1,531,789
Assessment Year2025

About this property

An investors dream, this is an opportunity to secure .5 acre/ 21,780 sqft of prime real estate in Travis Heights with endless opportunities. Each cottage comes with a private yard and unique upgrades, with the entire property being zoned SF3. It's two blocks from the heart of SOCO and its famous local shops, and it is walking distance to Big Stacy Pool, restaurants, and the Moonlight tower. These 1936 Tudor Revival style wood frame craftsman cottages were manufactured by Austin's Calcasieu Lumber CompanyRestrictions: Yes

Investor Tools

Property Icon
$2,592,836
Estimated Property Value
$0Estimated Mortgage Balance
$2,592,836Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,557 /month
Positive
Cash Flow Estimate:
$5,186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7,146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$72,788
$2,592,836
2025
$1,061,047
$1,531,789
$2,592,836
No

Tax History

Year
Tax Paid
Assessed Value
2024
$72,788
$2,592,836

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,592,836
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
0.8%

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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311 Leland St | Property Details | No Agent List