1409 Enfield RD
Austin, TX, 78703
$2,500,000
Beds
0 Baths
8,664 SqFt
0.3 Acres
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10-unit infill apartment community at the corner of Enfield and Marshall Lane in Clarksville. Rare and well-maintained offering – this property is walking distance to all things Clarksville, Downtown, Whole Foods, Lady Bird Lake, etc. Long history of 100% occupied building with very little turnover or down time between tenants. Low maintenance exterior featuring block and brick. Net Operating Income is $109,000. Top line recurring rental revenue based on April 2025 rent roll (attached) is over $200k/annually. All units are separately metered for all utilities including individual water meters. Many improvements over the past five years including new roof 2 years ago; and several full HVAC and water heater replacements. Detailed financials available to serious buyers. Future exit options include further updating/improvements to existing units; potentially adding additional units; re-developing the property, or condo regime formation of the current units. Priced at just $250k/door for a performing, high-quality building with lots of room for future upside, this is a rare and timely opportunity that features high-quality, stable tenants and cash-flow.

Property Details

Price:
$2,500,000
MLS #:
3944958
Status:
Active
Beds:
0
Baths:
0
Address:
1409 Enfield RD
Type:
Commercial
Subtype:
Apartment
Subdivision:
Enfield B
City:
Austin
Listed Date:
May 9, 2025
State:
TX
Finished Sq Ft:
8,664
Total Sq Ft:
8,664
ZIP:
78703
Lot Size:
12,881 sqft / 0.30 acres (approx)
Year Built:
1948
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Central Air
Flooring
Tile, Wood
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Central

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Parking Features
Circular Driveway

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Taxes
$42,926

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1409 Enfield RD
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