5507 Clay Ave #1A, 1B, 1C, Austin, TX 78756 - MLS#6559218

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Julie Mullen

juliemullenrealtor@gmail.com +1(512) 680-9817

$2,795,000

Est. payment - /mo

4,035 SqFt

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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

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 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)

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Listed by Pinnacle Realty Advisors

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

Casis Elementary School

Public | PK - 5
10

Gullett Elementary School

Public | KG - 5
9

Doss Elementary School

Public | PK - 5
9

Highland Park Elementary School

Public | KG - 5
9

Bryker Woods Elementary School

Public | KG - 6
8

Lee Elementary School

Public | KG - 6
7

Brentwood Elementary School

Public | PK - 5
7

Reilly Elementary School

Public | PK - 5
6

Wooten Elementary School

Public | PK - 5
5

Pillow Elementary School

Public | PK - 5
5

Ridgetop Elementary School

Public | PK - 5
5

Wooldridge Elementary School

Public | KG - 5
5

Barrington Elementary School

Public | KG - 5
4

Maplewood Elementary School

Public | PK - 6
4

Brown Elementary School

Public | PK - 5
4

Cedars International Academy

Public | PK - 8
3

Webb Primary School

Public | PK - 3
2

Pickle Elementary School

Public | PK - 5
1

Rosedale

Public | PK - 12
1

Texas School for the Blind

Public | 1 - 12

Middle Schools 6

7

Murchison Middle School

Public | 6 - 8
7

Lamar Middle School

Public | 6 - 8
6

O. Henry Middle School

Public | 6 - 8
2

Burnet Middle School

Public | 6 - 8
2

Webb Middle School

Public | 6 - 8
1

Settlement Home

Public | 7 - 12

High Schools 7

7

McCallum High School

Public | 9 - 12
4

Lanier High School

Public | 9 - 12
0

Huntington-Surrey High School

Private | 9 - 12
0

Concordia Academy

Private | 9 - 12
0

The Griffin School

Private | 9 - 12
0

Premier High School at Lanier

Public | 9 - 12
0

Dell Children's Medical Center

Public | 9 - 10

School and business data provided by Attom Data.

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Julie Mullen

+1(512) 680-9817

Agent | License ID: 667018

Agent License ID: 667018

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5507 Clay Ave #1A, 1B, 1C Austin, TX 78756

Julie Mullen

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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