Global Collective Real Estate Houston Homes for Sale
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$3,299,900
4 Days On Site

701 W 25th ST
Austin, TX 78705

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
4,396
SqFt
$751
/SqFt
1979
Built
Subdivision:
Watson
County:
Travis
Call Now: 512-774-0844
Is this the home for you? We can help make it yours.
512-774-0844
701 W 25th ST701 W 25th ST701 W 25th ST701 W 25th ST
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Unbeatable cash flowing building with seller finance available at unbeatable interest rates****** Seller can offer owner finance at 4.25%, interest only payment with 25% down yielding a monthly payment of only $9296. Rate locked in for 3 years then increases 2% a year until it reaches 10 percent on the sixth year*** Current total gross rents is $17,600,,, property taxes $2488…. Monthly insurance $1069,net income monthly $4746, tenants pay utilities… All tenants have a one year lease that end in July 2025 and are interested in renewing for 3 years which can be executed prior or after the completion of the sale ————————————————- Most units have existing potential to be updated from the current set up of 8 units/10 bedrooms to become 18 single efficiency units which can increase the rents drastically to potentially up to 24,000. Blue prints and additional info can be provided—————————– The building is located in the University Neighborhood Outlay (UNO) , allowing a tear down and a rebuild at much higher limits and redevelopment to increase the cap rate. building is located at Corner of 25th St and Rio Grande St which is one of two streets that allows for commercial storefront on ground level.

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Listing Snapshot
Price 
$3,299,900
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,396 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1309 Acres
Year Built 
1979
MLS® Number 
2020808
Status 
Active
Property Tax 
$32,990.69
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1309
Additional Property Use 
Residential
Disclosures 
See Remarks
Foundation 
Slab
Number Of Stories 
2
Parking 
Asphalt
Parking Spaces 
8
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4396
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
GO-NP University Neighbo
Interior Features
Cooling 
Central Air
Flooring 
CarpetTileVinyl
Heating 
Central
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Exterior Features
Construction Details 
FrameStone
Other Structures 
None
View 
None
Waterview 
None
Community Features
Financing Terms Available 
CashConventional
Horse Allowed 
Yes
MLS Area 
UT
Roads 
Asphalt
Listing courtesy of eXp Realty, LLC M.Said@saidpg.com


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. 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.
Last checked – 2025-03-31 02:31 PM CDT

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Neighborhood & Commute
Source: Walkscore
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