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500 W 55Th 1/2 St, Unit A and B Austin, TX 78751

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For Sale
$995,000

Multifamily property with leases in place until July 2026.

Lot size:
0.16 Acres

Property Features for 500 W 55Th 1/2 St

General Information

Lot size
0.16 Acres

Building Details

Year built
2013

Source: Compass RE Texas, LLC Agent John Richardson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Property with Leased Units

This multifamily property consists of two units. Unit A, the main home, is leased to four tenants until July 31, 2026, at a monthly rent of $3,695, with a security deposit equal to one month's rent. Unit B, the back house, is leased to two tenants until July 31, 2026, at a monthly rent of $2,330, with a security deposit. Both units include appliances that will convey with the property. Unit A features a laundry room, while Unit B has a laundry closet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Austin
County
Hays
State
Texas
Longitude
-97.723727
Latitude
30.323014

FAQs

What type of property is this?
Apartment building - Multifamily property with leases in place until July 2026.
Where is this apartment building located?
The property is located at 500 W 55Th 1/2 St, Unit A and B Austin, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: - Both units are tenant-occupied until 7/31/2026, providing immediate rental income.; - Unit A generates a solid $3,695 per month in rent.; - Unit B generates $2,330 per month in rent.
More about this property
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