1902 & 1904 David ST, Austin TX 78705

$2,600,000
1902 & 1904 David ST, Austin TX 78705, Austin, Carrington

Overview

  • Updated On:
  • December 7, 2024
  • 12 Bedrooms
  • 8 Bathrooms
  • 5,112 ft2

Description

A very rare opportunity to own 3 fully remodeled turnkey houses in West Campus. Prime WC location rented for 2 years in advance with strong solid leases and great cash flow. Easy walking distance to Campus and Capitol. Recently fully upgraded. It is 2 separate properties selling together for a total of 3 free-standing houses: 1902 David #A is a 4 bed 2 bath, 1902 David #B is a 3 bed 3 bath house, and 1904 David St is a 5 bed 3 bath house. There are no common walls, 3 separate houses each with its own washer/dryer, and plenty of parking. All 3 houses are currently rented for a total of $16,800/mo. until July 31st, 2025, and already fully leased from Aug 7th, 2025, until July 31st, 2026, for $19,200/mo. Aug 2026 to July 2027 projected rents are at $20,150/mo. 1902 David B has great Downtown views from the rear patio and/or 2nd story, no back house neighbors, and walking/biking distance to UT. All units have hardwood floors on the first floor. The front houses are colonial style, and the back house is cabin style with a large open deck. Future re-development opportunity. Possibility for additional houses to be constructed in the lot as there is plenty of space.

Address: 1902 & 1904 David ST, Austin TX 78705
City:
State/County:
Zip: 78705
Country: United States

Property Id: 8000379
Price: $2,600,000
Property Size: 5,112 ft2
Property Lot Size: 0 ft2
Bedrooms: 12
Bathrooms: 8
ACTRIS_LaundryLocation: In Unit
ACTRIS_NumDining: 3
ACTRIS_NumLiving: 3
Other Level Bedrooms: 6
AccessibilityFeatures: None
BathroomsFull: 8
CommunityFeatures: None
Cooling: Central Air
DirectionFaces: North
ElementarySchool: Casis
ElementarySchoolDistrict: Austin ISD
FireplaceFeatures: Living Room
FireplacesTotal: 2
Flooring: Laminate,Tile,Wood
FoundationDetails: Pillar/Post/Pier,Slab
Heating: Central
HighSchool: Austin
ListOfficeName: Resavvy LLC
LivingAreaSource: Public Records
LotFeatures: Sloped Up
MiddleOrJuniorSchool: O Henry
MLSAreaMajor: UT
MlsStatus: Active
OtherStructures: None
ParkingFeatures: Carport,Off Street,Open,Paved
PatioAndPorchFeatures: Deck,Porch
PoolFeatures: None
Roof: Composition
Sewer: Public Sewer
StateOrProvince: TX
TaxAnnualAmount: 25437
Utilities: Electricity Connected,Sewer Connected,Water Connected
View: City,Park/Greenbelt,Trees/Woods
WaterfrontFeatures: None
WaterSource: Public
YearBuilt: 1927
ListingId: 5300628
ACTRIS_NumOtherLevelBeds: 6
ListOfficePhone: (512) 762-8669
MainLevelBedrooms: 6
SyndicationRemarks: A very rare opportunity to own 3 fully remodeled turnkey houses in West Campus. Prime WC location rented for 2 years in advance with strong solid leases and great cash flow. Easy walking distance to Campus and Capitol. Recently fully upgraded. It is 2 separate properties selling together for a total of 3 free-standing houses: 1902 David #A is a 4 bed 2 bath, 1902 David #B is a 3 bed 3 bath house, and 1904 David St is a 5 bed 3 bath house. There are no common walls, 3 separate houses each with its own washer/dryer, and plenty of parking. All 3 houses are currently rented for a total of $16,800/mo. until July 31st, 2025, and already fully leased from Aug 7th, 2025, until July 31st, 2026, for $19,200/mo. Aug 2026 to July 2027 projected rents are at $20,150/mo. 1902 David B has great Downtown views from the rear patio and/or 2nd story, no back house neighbors, and walking/biking distance to UT. All units have hardwood floors on the first floor. The front houses are colonial style, and the back house is cabin style with a large open deck. Future re-development opportunity. Possibility for additional houses to be constructed in the lot as there is plenty of space.
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: Two
ModificationTimestamp: 2024-12-07T11:59:51.457Z
ACTRIS_EstimatedTaxes: 25437
Fencing: None
ACTRIS_Country: US
LotSizeArea: 0.344
PropertyCondition: Updated/Remodeled

Other Features
Ceiling Fan(s)
Crown Molding
Dishwasher
Disposal
Dryer
Electrical Utility Available
Gas Dryer Hookup
High Ceilings
Oven
Primary Bedroom on Main
Quartz Counters
Range
Recessed Lighting
Refrigerator
See Remarks
Washer
Washer Hookup
Washer/Dryer

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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