1302 E 52nd St, Austin, Texas

$2,495,000
Active
1302 E 52nd St, Austin, Texas
1302 E 52nd St, Austin, Texas
1302 E 52nd St, Austin, Texas
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Property Details

MLS ID: ACT5972252
Status: Active
Price: $2,495,000
Acres: 0.7±
Type: Multi-Family, Commercial
Address: 1302 E 52nd St
City, State: Austin, TX
County: Travis County
ZIP Code: 78723
Parcel Number: 02221405200000
SqFt: 30,420
Year Built: 1962

Description

15-Unit Multifamily Investment + Repositioning Opportunity

In-Place Income | Strategic Infill Location | Multiple Value-Creation Paths

1302 E 52nd St presents a rare opportunity to acquire an existing 15-unit multifamily asset with in-place income and multiple potential paths for future value creation. Positioned in a strategic Central Austin infill location near Mueller, the property offers investors the ability to generate income today while evaluating opportunities to enhance operations or reposition the asset over time.

With established in-place tenancy, the property provides immediate rental income while preserving flexibility for its next chapter. Beyond optimizing the existing multifamily operation, the property’s location and configuration may appeal to investors exploring alternative residential operating models, supportive or workforce housing, mid-term or co-living concepts, or longer-term conversion or redevelopment strategies, subject to applicable zoning, approvals and buyer due diligence.

Directly across the street, SAFE’s Lancaster development adds another dimension to the property’s evolving surroundings. The location also provides convenient access to Mueller, Dell Children’s Medical Center, the University of Texas and Dell Medical District, Downtown Austin, and major transportation corridors including I-35 and US-290.

Nearby Mueller offers a significant concentration of retail, dining, recreation, healthcare and employment, including Mueller Lake Park, the Mueller Farmers’ Market, Alamo Drafthouse and a growing mix of restaurants and neighborhood amenities.

For the investor looking beyond today’s operations, 1302 E 52nd presents something increasingly difficult to replicate in Central Austin: an existing income-producing multifamily property in an established infill location with the flexibility to consider multiple strategies for its next chapter.

Financial information and additional property details are available upon request.

Directions: Going North, Exit I-35 for 51st Street, Turn right on 51st Street, Left on Lancaster, Right on 52nd.

Hudson Loyd

Hudson Loyd

Capitol Ranch Real Estate, LLC

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Hudson Loyd
Capitol Ranch Real Estate, LLC
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Listed By: Kathleen Magat of Douglas Elliman Real Estate - (650) 291-7516