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Dual-Lot Duplex Package
For Sale
$1,350,000

218 W 51st ST, Austin, TX 78751

Vacant duplex with original wood flooring and a backyard, offered with a second Austin parcel as one package.

Property Size1,968 SF
Days on Market18

Property Features for 218 W 51st ST

General Information

Standard status Active
Size 1,968 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $13,424

Building Details

Building Size 1,968 SF
Year Built 1942
Listing Agency: Compass RE Texas, LLC
Listed By: Scott Hayes
Source: Denpg
Added: Aug 13 Changed: Aug 27 Last Checked: Aug 29 at 1:59PM

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 Compass RE Texas, LLC

Investment Insights

Based on property information with market context.

This offering combines 218 W 51st St and 5101 Leralynn St in Austin, Texas, as a single sale. The 51st Street parcel contains a vacant duplex with 1,968 square feet, original wood floors, and a backyard. The property was built in 1942.

The 218 W 51st St residence is located across from neighborhood tennis courts in the 78751 ZIP code. Both parcels are being offered together, providing a two-property configuration for buyers evaluating a duplex acquisition and related land position.

Key Highlights

  • Two parcels offered together: 218 W 51st St and 5101 Leralynn St
  • Vacant 1,968‑square‑foot duplex at 218 W 51st St
  • Original wood floors in the duplex

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Computer & Electronic Repair Food Market Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,444
Businesses Nearby

Demographics for 78751, TX

17,071
Population
9,966
Households
1.7
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
7,113
Density / Sq Mi
$81,657
Median Household Income
$53,330
Median Earnings
$1,627
Median Rent
$700,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant duplex with original wood flooring and a backyard, offered with a second Austin parcel as one package.
Where is this duplex located?
The property is located at 218 W 51st ST Austin, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two parcels offered together: 218 W 51st St and 5101 Leralynn St; Vacant 1,968‑square‑foot duplex at 218 W 51st St; Original wood floors in the duplex
More about this property
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