This is the kind of asset in Bouldin Creek that has strong upside .35 acres zoned MF 4, sitting less than two miles from downtown Austin in one of 512's most land-constrained neighborhoods.The play here is straightforward: collect rent today, capture upside tomorrow. Current rents are running well below market on a mix of four 1BD/1BA and two 2BD/1BA units - meaning a new owner can generate immediate returns through light renovation and a rent reset, or simply hold and let the land appreciate while Austin's density pressure does the work. The land story is real. MF-4 zoning allows 6+ additional units with height up to 60 feet. Feasibility study on hand to get an idea of potential yields. Whether you're a private investor looking for a stabilized Bouldin Creek hold, a developer eyeing a ground-up play, or a 1031 buyer needing a low-friction close - this checks the box.
| MLS # | 4617636 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Building Name | Southwood |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 161 |
| Listing Provided By | Christies Intl Real Estate Lone Star | Viktoriia Jones |
| SQ Feet | 4,760 |
|---|---|
| Building(s) | 1 |
| Zoning | MF-4 |
| Acreage | 0.35 |
| Property View | None |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Flooring | Tile, Vinyl |
| Foundation Details | Slab |
|---|---|
| Topography | Flat |
| Construction Materials | Brick |
| Security Features | Smoke Detector(s) |
| Parking Features | Asphalt, Off Street, Outside, Unassigned, See Remarks |
|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Southwood Annex |
| Listing VS Median (in Southwood Annex) | |
Price: $1,400,000 low | high Med: $1,400,000 sqft: 4,760 low | high Med: 4,760 $ / sqft: $294 low | high Med: $294 On site: 161 low | high Med: 161 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Southwood Annex |
| Listing VS Median (in Southwood Annex) | |
Price: $1,400,000 low | high Med: $1,400,000 sqft: 4,760 low | high Med: 4,760 $ / sqft: $294 low | high Med: $294 On site: 161 low | high Med: 161 | |