$1,750,000

1911 Lightsey Road, Austin, TX

4,925

Square feet

0.22

Acres

Welcome to a remarkable investment opportunity in Austin, Texas! Presenting a turn-key multifamily complex boasting five units in a truly spectacular location. This gem offers everything you need for a successful investment venture. New roof ensures worry-free maintenance for years to come, providing added value and peace of mind. The interiors have been thoughtfully improved with hardwood floors, granite countertops, renovated kitchens, and finishes throughout creating inviting living spaces. One standout feature of this complex is the absence of Homeowners Association (HOA) fees. Each unit is individually metered, making it convenient for tenants to manage and pay their own utilities. This property offers a unique advantage—an opportunity to sell units independently in the future. This opens up the potential for greater flexibility and profitability, allowing you to capitalize on the individual unit sales market. This feature provides added versatility and options for long-term growth and appreciation. Situated in one of Austin's most sought-after areas, this complex enjoys proximity to vibrant city life, renowned dining and entertainment options, and a wealth of recreational activities. Don't miss out on the chance to capitalize on this exceptional offering and embark on a prosperous investment journey.

Facts & Features

ListingFeed abor_vow
MLS® # 1302892
List Price $1,750,000
Sale Price $1,520,000
Sale Date August 25th, 2023
Bathrooms 0.00
Square Footage 4,925
Acres 0.22
Year Built 1977
Type Residential Income
Sub-Type Quadruplex
Status Closed

Community Information

Address 1911 Lightsey Road
Subdivision LIGHTSEY CONDOMINIUMS
City Austin
County Travis
State TX
Zip Code 78704

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Features Courtyard
Parking Concrete, Oversized, Parking Lot
View None
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Wood
Appliances Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Heating Central
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Features Uncovered Courtyard
Lot Description Cul-De-Sac, Garden, Few Trees
Windows Insulated Windows
Roof Shingle
Construction Brick, Concrete, Stone
Foundation Slab

School Information

District Austin ISD
Elementary Joslin
Middle O Henry
High Austin

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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