1902 David Street

Austin, TX 78705
$2,600,000
5112 sqft | 12 beds | 8 baths | 0.34 acres | #5300628

Description

A very rare opportunity to own 3 fully remodeled turnkey houses in West Campus. Prime WC location rented for 2 years in advance with strong solid leases and great cash flow. Easy walking distance to Campus and Capitol. Recently fully upgraded. It is 2 separate properties selling together for a total of 3 free-standing houses: 1902 David #A is a 4 bed 2 bath, 1902 David #B is a 3 bed 3 bath house, and 1904 David St is a 5 bed 3 bath house. There are no common walls, 3 separate houses each with its own washer/dryer, and plenty of parking. All 3 houses are currently rented for a total of $16,800/mo. until July 31st, 2025, and already fully leased from Aug 7th, 2025, until July 31st, 2026, for $19,200/mo. Aug 2026 to July 2027 projected rents are at $20,150/mo. 1902 David B has great Downtown views from the rear patio and/or 2nd story, no back house neighbors, and walking/biking distance to UT. All units have hardwood floors on the first floor. The front houses are colonial style, and the back house is cabin style with a large open deck. Future re-development opportunity. Possibility for additional houses to be constructed in the lot as there is plenty of space.

  • Property Details
      • Interior:Ceiling Fans, Crown Molding, High Ceilings, MainLevelPrimary, Quartz Counters, Recessed Lighting
      • Fireplaces:2
      • Bedrooms:12
      • Bathrooms:8
      • Full Baths:8
      • View:City, Park Greenbelt, Trees Woods
      • Lot description:Sloped Up
      • Acres:0.344
      • Square Feet:5112
      • Property type:Purchase
      • Year built:1927
      • Foundation:Pillar Post Pier, Slab
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Connected, Sewer Connected, Water Connected
      • Subdivision:Carrington
      • School district:Austin ISD
      • Elementary School:Casis
      • Middle School:O Henry
      • High School:Austin
      • County:Travis
      • Original List Price:$2, 600, 000
      • Days on Market (Cumulative):14
      • Taxes annual:$25, 437
      • MLS #:5300628
      • Cost:2600000
      • Property subtype:SingleFamilyResidence
      • MLS #:5300628
      • Property condition:Updated Remodeled

Location

Lana KoenigReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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