51st Development 3001 E 51st St
7 Unit Apartment Building $3,799,000 ($542,714/Unit) Austin, TX 78723
![3001 E 51st St, Austin, TX for sale - Primary Photo - Image 1 of 46](https://images1.loopnet.com/i2/hOz08jP3qJM_DQ52hZ3o9lAnKih27N2deMZaOA8BOS0/110/3001-E-51st-St-Austin-TX-Primary-Photo-1-Large.jpg)
![3001 E 51st St, Austin, TX for sale - Building Photo - Image 2 of 46](https://images1.loopnet.com/i2/E8IogM4ARgsiZKuvK4cHHM6P0kWU3cTY9Xkx5x5NBFw/110/3001-E-51st-St-Austin-TX-Building-Photo-2-Large.jpg)
![3001 E 51st St, Austin, TX for sale - Building Photo - Image 3 of 46](https://images1.loopnet.com/i2/aiGWUYo1g8iE7r4nlciAbseJWydUd53EJwrDIW9MKVE/110/3001-E-51st-St-Austin-TX-Building-Photo-3-Large.jpg)
EXECUTIVE SUMMARY
Opportunity to Own all 7 New Construction Units! Absolutely amazing architecture in a unique community of only 7 single-family DETACHED homes w super low 1.8% tax rate! Located in a highly coveted & rare targeted area for lower interest rates this boutique community has character & quality in the heart of hip East Austin culture & a 5 min Uber ride to DT & UT! Amazing upgrades include Quartz counters in baths & kitchen, high-end SS Kitchen Aid appliances, gorgeous Quartz slab backsplash, floating shelves & cabinets, vaulted ceilings, European White Oak floors throughout, huge WIS w mud set tile floors & seamless shower glass, chic & tasteful designer hotel inspired tile choices, 8 ft doors, LED can lighting, 6" baseboards & 4" door trim, modern metal stair railing, 9ft ceilings, Ring doorbells, Tankless water heaters, Double pane low E glass windows, Foam insulation, wood privacy and iron fencing, gutters, full sod & sprinkler! 3 great floor plans to choose from( 5 Total 3 Beds 2.5 Baths & 2 Total 2 bed 2.5 baths) (7 Total Units). Fantastic location w in biking distance to Mueller, Ladybird Lake, museums, coffee shops, bakeries, Art galleries, shopping and all the yummy restaurants/bars & culture that downtown Austin has to offer! Call agent about special interest rate programs for this location! HOA fee includes exterior water & common ground maintenance! Working on TBD cost. Each units Water is billed separately through HOA.
PROPERTY FACTS
Price | $3,799,000 |
Price Per Unit | $542,714 |
Sale Type | Investment |
Sale Condition | Bulk/Portfolio Sale |
No. Units | 7 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | B |
Lot Size | 0.54 AC |
Building Size | 5,914 SF |
No. Stories | 2 |
Year Built | 2025 |
1 of 1
PROPERTY TAXES
Parcel Number | 210793 | Improvements Assessment | $0 |
Land Assessment | $402,500 | Total Assessment | $402,500 |