$1,550,000

2411 S 5th ST, Austin TX, 78704

Price per sqft$325.63

Built in1960

Property size4,760 sqft

Property typeCommercial

Courtesy of Christies Intl Real Estate Lone Star, Viktoriia Jones Listing Contact: (512) 270-8586

Overview

Active

Listed Mar 12, 2026

Updated Jun 27

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.

Additional information

MLS^® ID: 4617636

Interior Features

Bedrooms: 0
Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.35 Acres

Other Property Details

Taxes: $23,866
Tax Frequency: Annually

Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:21 AM UTC on 6/27/2026. 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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