Listed by Maria Quiroz of Phyllis Browning Company - Austin
COMMENTS:
Offered for sale is an 8-unit multifamily asset located at 5220 Tahoe Trail,providing stable in-place income with clearly defined upside through rental growth and operational efficiencies. The property consists of eight condominium units,each conveying a 12.50% undivided interest in common elements,allowing for flexible ownership and exit strategies. The unit mix is primarily one-bedroom residences ranging from approximately 535 SF to 959 SF. All one-bedroom units include in-unit washer and dryers,a highly desirable feature supporting rent growth. An upstairs unit offers a fireplace and private balcony,enhancing tenant appeal. Current rents remain below market,with strong upside potential—one-bedroom units can comfortably achieve ~$1,600/month,while the larger two-room unit supports $2,200+/month. Capital Improvements & Property Highlights • New roof with 50-year warranty • New gutters • Gravel landscaping installed in 2024 • Four new water heaters • Well-maintained asset with limited near-term capital exposure Utilities & Operations • Single City of Austin water meter • Average water bill: $375–$450/month • Water and trash costs allocated to tenants • Trash service currently ~$175/month,with potential savings through alternate providers The property is ideally located on a bus line and near major employment centers,retail,and daily amenities,supporting consistent rental demand. This offering is well suited for investors seeking immediate cash flow with a clear path to increased yield through rent optimization and operational improvements. All information is deemed reliable but not guaranteed. -May 19 2026 1:02PMCommercial Combine
Property Details of 5220 Tahoe Trail
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