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1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
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1409 Enfield RD
1409 Enfield RD
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1409 Enfield RD
1409 Enfield RD
1409 Enfield RD
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1409 Enfield RD
For Sale

1409 Enfield RD

1409 Enfield RD, Austin, TX 78703

$2,500,000
$2,500,000

1409 Enfield RD

8,664 Sq.Ft.

Description

10-unit infill apartment community at the corner of Enfield and Marshall Lane in Clarksville. Rare and well-maintained offering - this property is walking distance to all things Clarksville, Downtown, Whole Foods, Lady Bird Lake, etc. Long history of 100% occupied building with very little turnover or down time between tenants. Low maintenance exterior featuring block and brick. Net Operating Income is $109,000. Top line recurring rental revenue based on April 2025 rent roll (attached) is over $200k/annually. All units are separately metered for all utilities including individual water meters. Many improvements over the past five years including new roof 2 years ago; and several full HVAC and water heater replacements. Detailed financials available to serious buyers. Future exit options include further updating/improvements to existing units; potentially adding additional units; re-developing the property, or condo regime formation of the current units. Priced at just $250k/door for a performing, high-quality building with lots of room for future upside, this is a rare and timely opportunity that features high-quality, stable tenants and cash-flow.

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Location

1409 Enfield RD, Austin, TX 78703

Status

For Sale

Features & Amenities

Interior

  • Flooring Tile, Wood

Area & Lot

  • Status For Sale
  • Living Area8,664 Sq.Ft.
  • Lot Area0.3 Acres
  • MLS® ID3944958
  • TypeCommercial
  • YEAR BUILT1948
  • View DescriptionNone

Exterior

  • water SourcePublic
  • utilitiesElectricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
  • parkingCircular Driveway
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructurePillar/Post/Pier
  • Disability FeaturesNone
  • security FeaturesNone

Financial

  • Sales Price$2,500,000
  • Real Estate Tax $42,926/yr
  • Zoning MF-3
Sean Kubicek

Sean Kubicek

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