2411 S 5th ST, Austin, TX 78704

• 4,760 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 1:17AM

Listing Office:

Christies Intl Real Estate Lone Star : (512) 270-8586

Listing Agent:

Viktoriia Jones : (512) 466-3299

MLS ID:

4617636

Interior

• Flooring: TileVinyl
• A/C: Central Air
• Heating: Central
• Eco/Green Feature: NoneNone

Exterior

• Other Structures: None
• Parking: AsphaltOff StreetOutsideUnassignedSee RemarksParking spaces: 10

Construction

• General: Slab

Location

• Originating MLS: actris
• County: Travis

Lot

• Topography: Flat
• Zoning: MF-4LOT 4 SOUTHWOOD ANNEX2411 S. 5th Unit 2
• View: None
• Current Use: Multi-Family

Utilities

• Utilities: Cable AvailableElectricity AvailableNatural Gas AvailableSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris