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$589,800

NAL Estimated Property Value

705 E 45th ST A & B, Austin, TX, 78751

Off MarketInfo
Baths0 Bath
Baths1,948 Sq Ft
DuplexDuplex
price_per_sqft$302.77 / sqft
Year BuiltBuilt in 1964

About this property

Great opportunity in the desirable Hancock neighborhood of Austin, TX, close to The University of Texas at Austin, Airport Blvd, and I-35. This duplex includes two 2bd/1ba units: 705A, rented at $1,775/mo, lease till Apr 2025, and 705B, used to be rented at $1,675/mo, currently vacant, making it ideal for investors or House Hacking. Each unit features a kitchen on the left as you enter, a living room with sliding doors leading to the back patio, and bedrooms on the right. 705A is tenant-occupied, so please do not disturb the tenants. Showings are by appointment only with a 24-hour notice to qualified buyers. 705B is Vacant: Go and Show. This property offers a 2-car carport with storage and laundry facilities on each side. Built in 1964 with a new roof installed in September 2021, the duplex spans 1,948 sq ft on a 7,832 sq ft lot. Priced significantly below the 2023 county tax appraised value of $765,129, it provides equity and room for updates, sold as-is. The seller prefers to sell all three duplexes at 701, 703, and 705 E 45th St (total 6 units) together but may consider selling individual duplexes separately. Don't miss this investment opportunity!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,539 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

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

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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

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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705 E 45th ST A & B | Property Details | No Agent List