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Turnkey Multifamily Property Near UT Law
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804 E DEAN KEETON ST, Austin, TX 78705

Fully renovated, permitted housing asset positioned directly across from the UT School of Law.

Property Size2,576 SF
Price / SF$621.12
Days on Market99

Property Features for 804 E DEAN KEETON ST

General Information

Standard status Active
Size 2,576 SF
Class A
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized
Net Operating Income $103,405

Additional Details

Gross Income $126,000

Building Details

Year Built 1935
Year Renovated 2026
Stories 2
Units 3
Tenancy Single
Listing Agency: REspace LLC
Listed By: Tony Lazarov · License #TX 9005423
Source: Crexi
Added: May 28 Changed: Aug 31 Last Checked: Sep 1 at 2:50AM

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 REspace LLC

Investment Insights

Based on property information with market context.

This multifamily property offers 2,576 square feet of renovated residential space in a 1935-built structure. The improvements include a new roof, foundation work, plumbing, HVAC, flooring, countertops, bathrooms, deck, fencing, and comprehensive interior and exterior painting. All listed work was fully permitted, providing a substantially updated physical asset.

The property sits directly across from the University of Texas School of Law in Austin and is positioned within a student-rental corridor. The existing leasing plan covers August 1, 2026 through May 31, 2027, with six bedrooms identified for the group lease. The seller also provides management-fee relief during the second year, as specified in the offering terms.

Key Highlights

  • 2,576 SF multifamily property
  • Built in 1935 with extensive permitted renovations
  • Six‑bedroom group lease planned for August 1, 2026 through May 31, 2027

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Accounting Firm Carpet & Flooring Store Building Supply Florist

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

2,896
Businesses Nearby

Demographics for 78705, TX

36,535
Population
12,519
Households
2.9
Avg Household Size
23
Median Age
80%
College-Educated
99%
High-School Grad
2.1 sq mi
ZIP Area
17,398
Density / Sq Mi
$30,336
Median Household Income
$10,994
Median Earnings
$1,520
Median Rent
$627,900
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?
Multifamily property - Fully renovated, permitted housing asset positioned directly across from the UT School of Law.
Where is this multifamily property located?
The property is located at 804 E DEAN KEETON ST 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: 2,576 SF multifamily property; Built in 1935 with extensive permitted renovations; Six‑bedroom group lease planned for August 1, 2026 through May 31, 2027
(512) 762-8669 Call to check price and availability
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