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$5,290,000

NAL Estimated Property Value

5507 Clay Ave 1A, 1B, 1C, 2A, 2B, 2C, Austin, TX, 78756

Off MarketInfo
Beds— Beds
Baths— Bath
Baths8,191 Sq Ft
price_per_sqft$645.83 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesSee Remarks
FlooringVinyl

Exterior

Exterior FeaturesBalcony, Lighting, Private Entrance, Rain Gutters

Building Information

Garage Spaces6

About this property

THE BEVERLY - THIS IS THE ONE. Make this the pride of your real estate portfolio! Incredible opportunity of a lifetime to own a fully leased, custom, luxury, new construction 6-Plex right in the heart of Austin, comprising of two separate triplexes right next to each other. In the highly desired neighborhood of Brentwood - 8 mins to UT, 10 mins to Downtown and 12 mins to the Domain, tier 1 schools. Walking distance to restaurants, bars, shopping, grocery stores, parks, etc. Currently long term rentals but with the location, beauty and features of this property, the income potential of is limitless. Short term rentals, corporate rentals, Airbnb, etc. Current owner kept as long term rentals to maintain the property's pristine condition. Currently leased out for multiple years with built-in annual rent increases and a waitlist. Featuring four 3 bed 3 bath units and two 2 bed 2 bath unit, this property was built with great attention to detail from a seasoned custom luxury builder, no builder grade anything! Exclusive features that set this beauty apart include; private rooftop lounges for each unit with downtown views, 2nd and 3rd floor balconies, premium appliances, in suite bathrooms, premium quarts countertops in kitchen and all bathrooms, separate AC control on each floor, spacious backyard, premium artificial turf and crushed granite landscaping for zero maintenance, separately metered - electric, gas and water for each unit. Call now! LEASES - Unit 1A: 3 year lease with $150 annual rent increases. Rent; Year 1 - $3,795, Year 2 - 3,945, Year 3 - $4,095. Unit 1B: 1 year lease. Rent; Year 1 - $2,995. Unit 1C: 2 year lease with $200 annual increase. Rent; Year 1 - $3,795, Year 2 - $3,995. Unit 2A: 1 year lease. Rent; Year 1 - $3,895. Unit 2B: 1 year lease. Rent; Year 1 - $3,195. Unit 2C: 1 year lease. Rent; Year 1 - $3,895. Information provided is deemed reliable, buyer to verify. Call Agent.

Investor Tools

Property Icon
$5,290,000
Estimated Property Value
$0Estimated Mortgage Balance
$5,290,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$31,740 /month
Positive
Cash Flow Estimate:
$10,580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Austin

5507 Clay Ave 1A, 1B, 1C, 2A, 2B, 2C | Property Details | No Agent List