2005 Glen Allen ST, Austin, Texas, United States, 78704
465,000
for Sale
6,102.76
About the property:
Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 3-unit package (Units 111–113) within a 13-unit condominium community. Ideal for investors seeking immediate in-place cash flow and a long-term hold in a high-demand submarket.
All three units are currently leased and marketed as a turnkey income package. Lease terms extend into 2026, providing stability and reduced vacancy risk. Condo characteristics and ownership concentration typical of small complexes may affect lending; buyer to perform lender due diligence. Cash preferred.
Unit-level summary (buyer to verify):
Unit 111: Annual tax $4,822.60 | HOA $352/mo | Rent $1,400/mo | Monthly charge $75/mo | Lease through 2/22/2026
Unit 112: Annual tax $4,822.60 | HOA $352/mo | Rent $1,350/mo | Monthly charge $100/mo | Lease through 9/16/2026
Unit 113: Annual tax $4,800.49 | HOA $345/mo | Rent $1,350/mo | Monthly charge $125/mo | Lease through 4/30/2026
Monthly charges are additional income and reflect shared services billed separately from base rent (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity.
Do not disturb tenants. Showings by appointment only. Prefer access after executed contract, with inspections coordinated to minimize tenant disruption. Other sale structures may be considered (10-unit bulk, smaller bundles, or individual units), subject to terms. No seller financing. All information deemed reliable but not guaranteed; buyer to verify HOA, taxes, leases, and all financials.
- Property Type:
- see remarks
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.1401
- Square Feet:
- 2328
- Area:
- 6
- Subdivision:
- Hill Country Glen Allen Condo
- Central A/C:
- Yes
- Central A C Details:
- Ceiling Fan(s), Central Air, Electric
- Water:
- Public
- Garage And Parking:
- Asphalt, Parking Lot, Permit Required, Reserved
- Heating:
- Central, Natural Gas
- Exterior:
- Private Yard
- Interior Features:
- Ceiling Fan(s)
- Appliances:
- Dishwasher, Dryer, Range, Refrigerator, Washer/Dryer Stacked
- Sewer:
- Public Sewer
- Directions:
- Take I-35 N to W Ben White Blvd/W Texas Hwy 71 Service Rd in Austin. Take the exit toward Manchaca Rd/Pack Saddle Pass/Victory Dr from TX-71 W/US-290 W. Take Menchaca Rd to your destination
- Association Fee:
- 0
- Is Garage:
- Yes
- Is Washer:
- Yes
- Annual Property Taxes:
- 4,822.60
- Listing ID:
- 3218130
Rooms
Dimensions
Brokered by:
Stepstone Realty, Llc
Presented By: