5507 CLAY AVENUE #1A, 1B, 1C, AUSTIN, TX 78756
Homes for sale in 1b.
Homes for sale in .
List Price$2,645,000
5507 Clay Avenue #1A, 1B, 1C
Austin, TX 78756
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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