Investor opportunity in Austin’s coveted 78704. Offering a tenant-occupied 3-unit package (Units 111–113) within a 13-unit condominium community. Ideal for investors seeking immediate in-place cash flow and a long-term hold in a high-demand submarket.
All three units are currently leased and marketed as a turnkey income package. Lease terms extend into 2026, providing stability and reduced vacancy risk. Condo characteristics and ownership concentration typical of small complexes may affect lending; buyer to perform lender due diligence. Cash preferred.
Unit-level summary (buyer to verify):
Unit 111: Annual tax $4,822.60 | HOA $352/mo | Rent $1,400/mo | Monthly charge $75/mo | Lease through 2/22/2026
Unit 112: Annual tax $4,822.60 | HOA $352/mo | Rent $1,350/mo | Monthly charge $100/mo | Lease through 9/16/2026
Unit 113: Annual tax $4,800.49 | HOA $345/mo | Rent $1,350/mo | Monthly charge $125/mo | Lease through 4/30/2026
Monthly charges are additional income and reflect shared services billed separately from base rent (water/wastewater/trash/pest; assessed per occupancy). Tenants pay electricity.
Do not disturb tenants. Showings by appointment only. Prefer access after executed contract, with inspections coordinated to minimize tenant disruption. Other sale structures may be considered (10-unit bulk, smaller bundles, or individual units), subject to terms. No seller financing. All information deemed reliable but not guaranteed; buyer to verify HOA, taxes, leases, and all financials.
Features of 2005 Glen Allen St 111, 112, 113
MLS® #
3218130
Price
$465,000
Bathrooms
0.00
Square Footage
2,328
Acres
0.14
Year Built
1976
Type
Residential Income
Sub-Type
Other
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
2005 Glen Allen St 111, 112, 113
Area
6
Subdivision
Hill Country Glen Allen Condo
City
Austin
County
Travis
State
TX
Zip Code
78704
Amenities of 2005 Glen Allen St 111, 112, 113
Utilities
Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Additional Information On 2005 Glen Allen St 111, 112, 113
Days on Market
210
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
352
HOA Fees Freq.
Monthly
Gated Community
No
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: StepStone Realty LLC(512) 213-0195. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 23rd, 2026 at 9:15pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
