5507 CLAY AVENUE #1A, 1B, 1C, AUSTIN, TX 78756

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Status of the property has changed, please contact for details

List Price$2,645,000

5507 Clay Avenue #1A, 1B, 1C

Austin, TX 78756

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Listing #6559218

4,035

Square Feet

3

Number of Units

Multi-Unit Residential

Type

About This Property

THE BEVERLY - THIS IS THE ONE. Make this the pride of your real estate portfolio! Incredible opportunity of a lifetime to own a fully leased, custom, luxury, new construction Triplex right in the heart of Austin. In the highly desired neighborhood of Brentwood - 8 minutes to UT Austin, 10 minutes to Downtown and 12 mins to the Domain. Surrounded by restaurants, bars, shopping, grocery stores, children play areas, parks, etc. all within a 2 mile drive. Highly rated, tier 1 schools for family tenants. Currently long term rentals but with the location, beauty and features of this property, the income potential of this property is limitless - short term rental, corporate rentals, Airbnb, etc. Current owner chose to keep as long term rentals to keep the property in pristine condition. New Owner can do as he/she pleases once current leases expire. Currently leased out for multiple years with built-in annual rent increases and a waitlist. Featuring two 3 bed 3 bath units and one 2 bed 2 bath unit, this property was built with great attention to detail from a seasoned custom luxury builder, no builder grade anything! Exclusive features that set this beauty apart include; private rooftop lounges for each unit with downtown views, 2nd and 3rd floor balconies, premium appliances, in suite bathrooms, premium quarts countertops in kitchen and all bathrooms, separate AC control on each floor, spacious backyard, premium artificial turf and crushed granite landscaping for zero maintenance, separately metered - electric, gas and water for each unit. Call now! LEASE TERMS - Unit 1A: 3 year lease with $150 annual rent increases. Rent; Year 1 - $3,795, Year 2 - 3,945, Year 3 - $4,095 - Unit 1B: 1 year lease. Rent; Year 1 - $2,995 - Unit 1C: 2 year lease with $200 annual increase. Rent; Year 1 - $3,795, Year 2 - $3,995 Information provided is deemed reliable, buyer to verify. Call Agent.

Property Features

Location Information

County

Travis

Subdivision

Brentwood

County

Travis

Directions

Turn into Houston Street from Burnet, then turn left unto Clay Ave.

Area

4

Interior Features

Interior

See Remarks

Disabled Features

Accessible Washer/Dryer, Accessible Stairway, Accessible Closets, Hand Rails, Smart Technology, See Remarks, Visitor Bathroom

Number of Fireplaces

0

Appliances

See Remarks

Heating

Zoned

Total Number of Units

3

Floors

Vinyl

Accessibility

Accessible Washer/Dryer, Accessible Stairway, Access

Laundry

Multiple Locations, Washer Hookup, Dryer Hookup, ElectricDryer Hookup

Exterior Features

Style

Masonry, Stone, Stucco

Garage Spaces

3

Is New Construction

Yes

Fencing

Fenced

Construction/Exterior

Masonry, Stone, Stucco

Lot Size in Acres

0.132

Exterior

Balcony, Lighting, Private Entrance, Rain Gutters

Waterfront Description

None

Foundation

Slab

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

Yes

Water

Public

View

City

Parking Description

Carport, Open

School

Elementary School District

Austin ISD

Middle School

Lamar (Austin ISD)

Elementary School

Brentwood

High School

McCallum

Additional Information

Roof/Attic

See Remarks

APN

0229030448

Other Utilities

Electricity Available, Fiber Optic Available, Natural Gas Available, Water Available

Status

Active

Property Type

RI

Pets

Size Limit

Property SubType

Triplex

Documents Available

Lease, Survey

Year Built

2026

Square Feet Source

Plans

Similar Listings

Mortgage Calculator

$12,352

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$9,531

Monthly Tax

$2,204

Monthly Insurance

$617

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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