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    Fully Leased Multifamily Development Title is generated by Realmo AI

    661 Mesa Dr, Del Valle, TX 78617

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    For Sale
    $850,000

    Seven-unit, fully occupied property offers income-producing ownership with the option to develop the site further.

    Lot size:
    5.00 Acres
    Added:
    Mar 3, 2025
    Days on Market:
    481
    Last Refresh:
    Jun 27 at 5:01 am

    Property Features for 661 Mesa Dr

    General Information

    Standard status
    Active
    Lot size
    5.00 Acres

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    Jennifer Kearns

    Listing office KW-Austin Portfolio Real Estate

    Listing date Mar 3, 2025

    Source Exprealty

    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 KW-Austin Portfolio Real Estate

    HighLights

    • Fully leased 7‑home/trailer multi‑family property in East Austin
    • All units are fully occupied by income‑producing tenants, with income producing right away
    • Minutes from COTA and Austin‑Bergstrom Airport
    • 5 acres of potential at the site for further development or expansion

    Overview

    This offering is a fully leased multifamily property presented as a turn-key income stream. The development consists of seven homes/trailers and is currently fully occupied by tenants. As presented, it is structured for continued operation as an income property.

    The property is located at 661 Mesa Dr in Del Valle, Texas. According to the provided remarks, it is minutes away from COTA and Austin Bergstrom International Airport, which may support tenant convenience and overall market accessibility.

    For investors or operators looking for immediate occupancy, the key consideration here is that the units are already leased and producing income, rather than requiring a lease-up period. For buyers with a longer-term plan, the site is also described as having potential for development, with “5 acres of potential at your fingertips” as stated in the remarks. Whether you plan to maintain the current configuration or pursue an expansion or redevelopment approach, this property is being marketed as ready to operate based on its existing, fully occupied status.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Auto Repair Shop Kitchen & Bath Showroom Electronics & Wireless Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Del Valle
    County
    Travis
    State
    Texas
    Longitude
    -97.5674174
    Latitude
    30.1159054

    FAQs

    What type of property is this?
    Apartment building - Seven-unit, fully occupied property offers income-producing ownership with the option to develop the site further.
    Where is this apartment building located?
    The property is located at 661 Mesa Dr Del Valle, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Fully leased 7‑home/trailer multi‑family property in East Austin; All units are fully occupied by income‑producing tenants, with income producing right away; Minutes from COTA and Austin‑Bergstrom Airport
    More about this property
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