$2,600,000
For Sale

1902 David Street

Austin, TX 78705
5112 sqft | 12 beds | 8 baths | 0.34 acres | #5300628
Browse 39 photos
Type:Purchase
Structure:House
Zone:Residential

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
      • InteriorCeiling Fans, Crown Molding, High Ceilings, MainLevelPrimary, Quartz Counters, Recessed Lighting
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • ViewCity, Park Greenbelt, Trees Woods
      • FoundationPillar Post Pier, Slab
      • Property SubtypeSingleFamilyResidence
      • Property ConditionUpdated Remodeled
      • Sewer InformationPublic Sewer
      • SubdivisionCarrington
      • School DistrictAustin ISD
      • Original List Price$2,600,000
      • Lot DescriptionSloped Up
      • Property TypePurchase
      • Middle SchoolO Henry
      • Taxes Annual$25,437
      • MLS #5300628
      • Cost2600000
      • MLS #5300628
      • Utility SourcePublic
      • High SchoolAustin
      • CountyTravis
      • Acres0.344
      • Elementary SchoolCasis
      • Square Feet5112
      • Year Built1927
      • Bedrooms12
      • Days on Market (Cumulative)13
      • Fireplaces2
      • Bathrooms8
      • Full Baths8

Location

Lee EasterReal 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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monthly

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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