2411 5th ST
ActiveAustin, TX 78704
Christies Intl Real Estate Lone Star · MLS# 4617636 · Active
$1,400,000
Beds
0
Baths
0
Sq Ft
—
Acres
0.3487
Built
1960
Type
Multi Family
About This Home
This is the kind of asset in Bouldin Creek that has strong upside .35 acres zoned MF 4, sitting less than two miles from downtown Austin in one of 512's most land-constrained neighborhoods.The play here is straightforward: collect rent today, capture upside tomorrow. Current rents are running well below market on a mix of four 1BD/1BA and two 2BD/1BA units - meaning a new owner can generate immediate returns through light renovation and a rent reset, or simply hold and let the land appreciate while Austin's density pressure does the work. The land story is real. MF-4 zoning allows 6+ additional units with height up to 60 feet. Feasibility study on hand to get an idea of potential yields. Whether you're a private investor looking for a stabilized Bouldin Creek hold, a developer eyeing a ground-up play, or a 1031 buyer needing a low-friction close - this checks the box.
Interior
- Flooring
- Tile, Vinyl
- Cooling
- Central Air
- Heating
- Central
Exterior & Lot
- Parking
- Asphalt, Off Street, Outside, Unassigned, See Remarks
- Condition
- Resale
Location
2411 5th ST · Austin, TX 78704
Keep Looking
More homes like this.
Active$1,599,000
702 Spofford ST
Austin, TX 78704
3 bd · 2 ba · 1,541 sqft
The Marye Company · MLS# 6528581 · Active
Active$1,399,000
15103 Nightingale LN
Austin, TX 78734
4 bd · 4 ba · 2,984 sqft
Compass RE Texas, LLC · MLS# 3633396 · Active
Active$1,499,000
5104 Beverly Hills DR
Austin, TX 78731
4 bd · 3 ba · 2,973 sqft
The Marye Company · MLS# 4816532 · Active
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of June 25, 2026 at 7:58 PM CDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Properties displayed may be listed or sold by various participants in the MLS. Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. DMCA notice.
$1,400,000
2411 5th ST