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Seven-Unit Short-Term Rental Portfolio
New
For Sale
$1,220,000

7685 Northcross Dr, Austin, TX 78757

Several furnished condominium units convey with household furnishings and rental-ready equipment.

Property SizeContact for details
Days on Market5

Property Features for 7685 Northcross Dr

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 6 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units 7
Parking per Unit 2

Amenities

pool
clubhouse
fitness center
common-area workspaces
event space
game room
high-speed internet
cable
Nest thermostat
refrigerator
washer and dryer

Building Details

Year Built 1986
Stories 1
Units 4
Listing Agency:
Listed By: Melinda Lear
Source: Elliman
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 5 at 11:11AM

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 Melinda Lear

Investment Insights

Based on property information with market context.

This portfolio includes seven condominium units: six with one bedroom and one bathroom, plus one with two bedrooms and two bathrooms. Two of the one-bedroom units and the two-bedroom unit are furnished, and the sale includes furnishings and chattels such as beds, bedding, sofas, desks, artwork, and equipped kitchens. Every unit has a refrigerator, washer and dryer, and Nest thermostat. The units have historically generated rental income, except for the two-bedroom residence, which has served as a secondary home.

The community at 7685 Northcross Dr in Austin offers courtyard views, mature oak trees, a pool, clubhouse, fitness center, shared workspaces, event space, and a game room. HOA dues cover high-speed internet and cable, water and wastewater, trash, recycling and composting, and parking for two vehicles per unit. Rentals must have a minimum 30-day term. Burnet Road restaurants, coffee shops, shopping, Northwest Park, and other neighborhood amenities are readily accessible. WalkScore is 83, BikeScore is 82, and TransitScore is 49.

Key Highlights

  • Seven condominium units: six 1‑bedroom/1‑bath units and one 2‑bedroom/2‑bath unit
  • Two 1‑bedroom units and the 2‑bedroom unit are furnished; furnishings and chattels convey
  • Community amenities include a pool, clubhouse, fitness center, workspaces, event space, and game room

Property Analytics

Current Use

Pro-Haul Junk Removal Waste Management Facility The Allandale Condos Condominium Complex Dawson Productions Photography Service

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store 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.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,752
Businesses Nearby

Demographics for 78757, TX

23,847
Population
11,930
Households
2
Avg Household Size
37
Median Age
68%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
4,769
Density / Sq Mi
$104,946
Median Household Income
$65,886
Median Earnings
$1,661
Median Rent
$629,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Several furnished condominium units convey with household furnishings and rental-ready equipment.
Where is this short term rental property located?
The property is located at 7685 Northcross Dr Austin, TX.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: Seven condominium units: six 1‑bedroom/1‑bath units and one 2‑bedroom/2‑bath unit; Two 1‑bedroom units and the 2‑bedroom unit are furnished; furnishings and chattels convey; Community amenities include a pool, clubhouse, fitness center, workspaces, event space, and game room
More about this property
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