516 E 40th ST, Austin TX 78751

Austin, TX 78751 | Oaklawn

0 Beds
Baths
0.164 Acres
1972 Built

About This Property

***Call for Offers! Recent price adjustment to $1.5m!!!***
Rare investment opportunity in the heart of Austin's sought-after Hyde Park neighborhood! Located just a "chip shot" away from the 8th green at Hancock Golf Course, Texas' oldest golf course, this 10-unit apartment complex offers prime real estate in one of the city's most historic and desirable areas. With its close proximity to St. David's Hospital, the University of Texas Law School, and DKR Memorial Stadium, the property boasts exceptional rental potential and the convenience of being in a vibrant, growing community. Hyde Park's charm is evident in its tree-lined streets, eclectic atmosphere, and access to local restaurants, shops, and cultural attractions.
The complex consists of 10 well-maintained units 2 storage rooms, and a washer/dryer that provide additional income, providing the perfect opportunity for investors looking to capitalize on Austin’s dynamic rental market. Whether you're looking to expand your portfolio or seek long-term growth in a neighborhood with a rich history and prime location, this property is an ideal choice. Don't miss out on this exceptional investment opportunity in one of Austin’s most coveted locations. Check out attachments for additional info.

Location

Property Details

Property Type Commercial Sale
Flooring Laminate
Stories 2
Cooling Central Air
Heating Central
County Travis
MLS # 2871159

Listing History

MLS# 2871159 112 days (111 CDOM)
Mar 26, 2025 Off Market
Jan 22, 2025 Price Change $1,500,000
Oct 17, 2024 Listed $2,200,000

Frequently Asked Questions About 516 E 40th ST, Austin TX 78751

When was 516 E 40th ST, Austin TX 78751 built?

516 E 40th ST, Austin TX 78751 was built in 1972.

How much does 516 E 40th ST, Austin TX 78751 cost?

516 E 40th ST, Austin TX 78751 sold on March 26, 2025. Contact us for sale price details.

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