8-Unit Apartment
For Sale
Contact for pricing
5220 Tahoe Trail, Austin, TX 78745
Multifamily property with in-unit laundry, condominium ownership structure, and recent capital improvements.
Property SizeContact for details
Days on Market209
Property Features for 5220 Tahoe Trail
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$92,393
Financials
Asking Price
$1,800,000
Cap Rate
5.13%
Gross Income
$119,880
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
8
Amenities
in-unit washer/dryer
Listing Agency:
Phyllis Browning Company
(210) 957-9785
Listed By:
Maria Quiroz · License #702173
Source:
Crexi
Added: Feb 3
Changed: Aug 30
Last Checked: Aug 31 at 6:45PM
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 Phyllis Browning Company
Investment Insights
Based on property information with market context.
This eight-unit apartment property is organized as individual condominium units, with each unit conveying a 12.50% undivided interest in the common elements. The unit mix is predominantly one-bedroom apartments ranging from approximately 535–959 SF, and every residence includes an in-unit washer and dryer. One upper-level apartment also has a fireplace and private balcony.
Recent improvements include a roof installed with a 50-year warranty, new gutters, gravel landscaping completed in 2024, and four new water heaters. Operations are supported by a single City of Austin water meter, with water and trash allocated to tenants. The property is located on a bus line and near major employment centers, retail, and daily amenities. The in-place cap rate is 5.13%.
Recent improvements include a roof installed with a 50-year warranty, new gutters, gravel landscaping completed in 2024, and four new water heaters. Operations are supported by a single City of Austin water meter, with water and trash allocated to tenants. The property is located on a bus line and near major employment centers, retail, and daily amenities. The in-place cap rate is 5.13%.
Key Highlights
- Eight condominium apartment units with 12.50% undivided common‑element interest per unit
- Predominantly one‑bedroom units ranging from approximately 535–959 SF
- In‑unit washers and dryers in all eight apartments
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
Explore this area
Business Placement
Demographics for 78745, TX
59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with in-unit laundry, condominium ownership structure, and recent capital improvements.
Where is this apartment building located?
The property is located at 5220 Tahoe Trail Austin, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Eight condominium apartment units with 12.50% undivided common‑element interest per unit; Predominantly one‑bedroom units ranging from approximately 535–959 SF; In‑unit washers and dryers in all eight apartments
