2411 S 5th St, Austin, TX, 78704 - MLS# 4617636

$1,250,000

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Acres 0.35
Property Type Multi-Family
Heating Central
Parking Asphalt, Off Street, Outside, See Remarks, Unassigned
Year Built 1960
Cooling Central Air
Days on Market 212

About 2411 S 5th St

This is the kind of asset in Bouldin Creek that has strong upside .35 acres zoned MF 4, sitting less than two miles from downtown Austin in one of 512's most land-constrained neighborhoods.The play here is straightforward: collect rent today, capture upside tomorrow. Current rents are running well below market on a mix of four 1BD/1BA and two 2BD/1BA units - meaning a new owner can generate immediate returns through light renovation and a rent reset, or simply hold and let the land appreciate while Austin's density pressure does the work. The land story is real. MF-4 zoning allows 6+ additional units with height up to 60 feet. Feasibility study on hand to get an idea of potential yields. Whether you're a private investor looking for a stabilized Bouldin Creek hold, a developer eyeing a ground-up play, or a 1031 buyer needing a low-friction close - this checks the box.

Location

Legal Description LOT 4 SOUTHWOOD ANNEX
Address 2411 S 5th St
County Travis
City Austin
Zip Code 78704
Subdivision Southwood Annex
MLS Area 6

Size and Restrictions

Acres 0.35
Lot Description Flat
Horses Allowed No
$/Acre $3,584,743

Improvements

Parking Asphalt, Off Street, Outside, See Remarks, Unassigned

Features

View None

Utilities

Water Public
Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Beds and Baths

Primary on Main No

Other Rooms

Laundry Facilities Washer Hookup, Dryer Hookup

Heating and Cooling

Heating Central
Air Conditioning Central Air

Interior Features

Flooring Tile, Vinyl
Disability None

Building Information

Year Built 1960
Construction Brick
Foundation Slab

Garage and Parking

Garage No
Parking Asphalt, Off Street, Outside, See Remarks, Unassigned

Financial

$/Acre $3,584,743
Special Conditions DeedRestrictions,LivestockRestriction
Documents Available Feasibility Study, Lease, See Remarks, Survey
Disclosures See Remarks

Property Taxes

Appraisal District Travis
Tax ID 2411 S. 5th Unit 2
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeChristies Intl Real Estate Lone Star
Contact Info(512) 270-8586

Listing Map

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