$1,400,000
( $294.12Per Sq Foot )
 $7,516 est/mo Sourced by Back At You

2411 S 5th St,Austin, TX 78704

Austin, TX 78704

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Description

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.

Details

MLS #4617636
Listing TypeFor Sale
StyleMulti-Family
Building NameSouthwood
Sub-TypeResale
StatusActive
Year1960
Days On Site161
Listing Provided ByChristies Intl Real Estate Lone Star | Viktoriia Jones

Features

SQ Feet4,760
Building(s)1
ZoningMF-4
Acreage0.35
Property ViewNone

Interior

CoolingCentral Air
HeatingCentral
FlooringTile, Vinyl

Exterior

Foundation DetailsSlab
TopographyFlat
Construction MaterialsBrick
Security FeaturesSmoke Detector(s)

Parking

Parking FeaturesAsphalt, Off Street, Outside, Unassigned, See Remarks

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78704
Area6
Community NameSouthwood Annex
Listing VS Median (in Southwood Annex)
Price:
$1,400,000
low | high
Med:
$1,400,000
50% of Average
sqft:
4,760
low | high
Med:
4,760
50% of Average
$ / sqft:
$294
low | high
Med:
$294
50% of Average
On site:
161
low | high
Med:
161
100% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 20, 2026 at 9:35:37 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78704
Area6
Community NameSouthwood Annex
Listing VS Median (in Southwood Annex)
Price:
$1,400,000
low | high
Med:
$1,400,000
50% of Average
sqft:
4,760
low | high
Med:
4,760
50% of Average
$ / sqft:
$294
low | high
Med:
$294
50% of Average
On site:
161
low | high
Med:
161
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 3:01:55 PM PDT