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.
Details
MLS #
4617636
Listing Type
For Sale
Style
Multi-Family
Building Name
Southwood
Sub-Type
Resale
Status
Active
Year
1960
Days On Site
188
Listing Provided By
Christies Intl Real Estate Lone Star | Viktoriia Jones
Features
SQ Feet
4,760
Building(s)
1
Zoning
MF-4
Acreage
0.35
Property View
None
Interior
Cooling
Central Air
Heating
Central
Flooring
Tile, Vinyl
Exterior
Foundation Details
Slab
Topography
Flat
Construction Materials
Brick
Security Features
Smoke Detector(s)
Parking
Parking Features
Asphalt, Off Street, Outside, Unassigned, See Remarks
Utilities
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Christies Intl Real Estate Lone Star – (512) 270-8586
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 16, 2026 at 9:16:08 AM PDT 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.
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