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.
Listed by Hiroki Irino
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License #672263
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StepStone Realty LLC
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(512) 213-0195
Last updated January 26, 2026
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Source: ACTRIS #3218130
Listing Facts
TypeMulti-family
NeighborhoodSouth Lamar
Days on Prevu6
HOA/Maint. Fees$352/month
Taxes$4,822.6/year
Size2,328 sqft
Price per sqft$200
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/24/2026
Listed by StepStone Realty LLC
$465,000
Property Details for 2005 Glen Allen ST 111, 112, 113
Association
Amenities
Community Features: BBQ Pit/Grill
Pets Allowed: Cats OK, Dogs OK
Fees
Association Fee: $352.00 Monthly
Association Fee Includes: Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2005 Glen Allen ST 111, 112, 113.
What schools are nearby to 2005 Glen Allen ST 111, 112, 113?
Nearby schools include the Zilker Elementary School, O Henry Middle School, and Austin High School.
What are the annual taxes for 2005 Glen Allen ST 111, 112, 113?
Annual taxes for this multi-family home are estimated at $4,822.
How does 2005 Glen Allen ST 111, 112, 113 compare to other multi-family homes in South Lamar?
This multi-family home is listed 44% below the average price for multi-family homes in South Lamar and has been on the market for 53 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is part of the Hill Country Glen Allen Condo home owners association.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,328 sqft.
2005 Glen Allen ST 111, 112, 113 is a -bedroom multi-family home for sale in Austin TX 78704. On Prevu for 6 days at $465,000. This home features 2,328 square feet of living space, located in South Lamar. The median listing price for multi-family homes in this area is $735,000. Nearby schools include Zilker Elementary School, O Henry Middle School, and Austin High School. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, and washer/dryer. View other multi-family home listings in Austin.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
