5507 Clay Ave #1A, 1B, 1C Austin, TX 78756
4,035 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,035 sqft
Price per Sqft $692
Subdivision Brentwood
MLS Listing ID 6559218
HOA Y/N No
Year Built 2026
Tax Year 2025
Lot Size 5,762 Sqft
Acres 0.1323
Property Sub-Type Triplex
Source actris
Property Description
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 multi-families in the areas with less features are bringing in approx. $300,000 - $500,000 per year in revenue. 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, don't wait!
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.
Location
State TX
County Travis
Interior
Interior Features See Remarks
Heating Zoned
Cooling Zoned
Flooring Vinyl
Fireplace No
Appliance See Remarks
Exterior
Exterior Feature Balcony, Gutters Full, Lighting, Private Entrance
Garage Spaces 3.0
Fence Fenced
Community Features Rooftop Lounge
Utilities Available Electricity Available, High Speed Internet, Natural Gas Available, Water Available
Waterfront Description None
View City, Downtown
Roof Type See Remarks
Porch Deck, Patio, Porch
Total Parking Spaces 7
Building
Lot Description Views
Faces South
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Masonry – Partial,Stone,Stucco
New Construction Yes
Schools
Elementary Schools Brentwood
Middle Schools Lamar (Austin Isd)
High Schools Mccallum
School District Austin Isd
Others
Pets Allowed Small (< 20 lbs)
Special Listing Condition See Remarks
Pets Allowed Small (< 20 lbs)
"Success in real estate isn’t just about properties—it’s about people, strategy, and seizing the right opportunities."