East Riverside Investment
For Sale
$242,000
1901 Crossing Pl #3203, Austin, TX 78741
Investment opportunity near River Park development, downtown, and Lady Bird Lake.
Property SizeContact for details
Days on Market114
Property Features for 1901 Crossing Pl #3203
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$4,231
Building Details
Year Built
2005
Stories
1
Listing Agency:
Engel & Volkers Austin Westlake
Listed By:
Connie Lundgren
(512) 619-4101
Source:
Elliman
Added: May 12
Changed: Aug 22
Last Checked: Sep 1 at 7:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers Austin Westlake
Investment Insights
Based on property information with market context.
Located in East Riverside, this property presents an investment opportunity near the River Park development. Each unit features 4 bedrooms and 4 bathrooms, along with a shared kitchen and living room. The Homeowner's Association (HOA) includes water, trash, and Google Fiber. Residents can enjoy a large pool area, gated access, cluster mailboxes, and covered parking. The location is convenient for students, young professionals, or month-to-month rentals. The area is accessible via the UT Shuttle and City Metro Buses, with shopping and restaurants nearby, and is less than 10 minutes from downtown and Lady Bird Lake. The River Park development, currently under construction and slated to open in 2027, will include a 4,000-seat indoor music venue, commercial spaces, a hotel, and a 109-acre park with bike and walking trails. The unit is undergoing updates. The location has a bike score of 54, indicating it is bikeable, a walk score of 31, indicating car-dependent, and a transit score of 55, indicating good transit.
Key Highlights
- Prime location in vibrant East Riverside across from the River Park development.
- Each unit features 4 bedrooms and 4 bathrooms, ideal for various rental strategies.
- HOA includes water, trash, and Google Fiber, simplifying tenant management and adding value.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Explore this area
Business Placement
Demographics for 78741, TX
49,344
Population
24,763
Households
2
Avg Household Size
29
Median Age
49%
College-Educated
85%
High-School Grad
7.8 sq mi
ZIP Area
6,326
Density / Sq Mi
$66,434
Median Household Income
$41,533
Median Earnings
$1,477
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Investment opportunity near River Park development, downtown, and Lady Bird Lake.
Where is this multifamily property located?
The property is located at 1901 Crossing Pl #3203 Austin, TX.
What is the asking price?
The asking price for this property is $242,000.
What are key features of this property?
This property features: Prime location in vibrant East Riverside across from the River Park development.; Each unit features 4 bedrooms and 4 bathrooms, ideal for various rental strategies.; HOA includes water, trash, and Google Fiber, simplifying tenant management and adding value.
