• 156 days on site
  • 0 views

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.

Source: Austin MLS, MLS#: 3218130

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.14 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Pamela Buske

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2005 Glen Allen ST #111, 112, 113


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/6/2026Source: Austin MLS Status Change
Active
2/23/2026Source: Austin MLS Status Change
Active Under Contract
1/24/2026Source: Austin MLS Added to Database
January 24, 2026
Listing provided courtesy of StepStone Realty LLC- MLS# 3218130MLS Provider