For sale

$719,000

11900 Alpheus Ave
Austin, TX 78759

  • 0 beds
  • 0 baths
  • 4,016 sq ft
  • 0.19 acres

Listing courtesy of Teifke Real Estate · (512) 870-8184 · MLS# 7975516 · Status: Active

About this home

**PRECE REDUCTION** Seller Open to Seller Financing with 20% down and 3 yr term with a 5% rate!** Prime North Austin Fourplex Investment – Rare Opportunity Near The Domain. Positioned in one of North Austin’s most desirable and rapidly growing corridors, this fourplex offers a rare chance to acquire a high-performing asset in an extremely supply-constrained market. With rare active fourplex listings currently available in 78759 or 78727, opportunities like this are few and far between. This recently updated property features highly sought-after 2 bed/2 bath layouts in every unit—a rare configuration that consistently attracts quality tenants and commands premium rental demand. Next lease cycle will give new owner flexibility to adjust rents to market rates and increase cash flow. Current rents are below market for comparable 2/2 units in the area (approx 10-15%) on purpose to minimize vacancy and turnover over time, presenting a strong value-add opportunity without the need for major renovations. Located just minutes from The Domain, major tech employers, and key Austin business hubs, this property benefits from consistent tenant demand, strong historical rent growth, and long-term appreciation potential. Highlights: Fourplex with stable tenants, Rare 2 bed/2 bath units in all 4 units, immediate rental upside with upcoming lease expirations, Recent updates completed, prime location near The Domain and major employers and strong appreciation and rental growth submarket. This is an ideal opportunity for investors seeking a smart long term investment today with built-in upside in Austin's hottest rental markets

Description provided by the listing brokerage.

Facts

Property type
Residential Income · Quadruplex
Year built
1981
Lot size
0.19 acres
Living area
4,016 sq ft
Price per sq ft
$179
Annual taxes
$13,789
County
Travis
Neighborhood
Duval Villas
School district
Austin ISD
Schools
Summitt · Murchison · Anderson

Features

Roof
Composition, Shingle
View
None
Sewer
Public Sewer
Levels
Two
Cooling
Ceiling Fan(s), Central Air
Fencing
Fenced
Heating
Central
Flooring
Laminate
Utilities
Electricity Connected, Phone Available, Water Connected
Appliances
Dishwasher, Disposal, Electric Oven, Free-Standing Electric Oven, Free-Standing Electric Range, Vented Exhaust Fan, Electric Water Heater
Lot
Back Yard, Level, Trees-Large (Over 40 Ft)
Pets
Cats OK, Dogs OK
Water
Public
Windows
Aluminum Frames
Parking
Private, Reserved
Exterior
See Remarks, Balcony
Interior
Ceiling-High, Ceiling-Vaulted, Pantry, Primary Bedroom on Main
Community
None
Foundation
Slab
Waterfront
None
Energy efficiency
None
Accessibility
See Remarks
Construction
HardiPlank Type, Masonry – Partial
Patio & porch
Covered, Patio, Terrace

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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