4314 Gillis ST new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78745
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 21,510 sqft
Price per Sqft $115
Subdivision Fritts Add
MLS Listing ID 6942708
Year Built 1985
Annual Tax Amount $59,454
Tax Year 2025
Lot Size 0.434 Acres
Property Sub-Type Apartment
Property Description
Incredible location at an incredible rate! Assumable loan thru 2033 with approx. $1m balance at 3.57%.
Improved occupancy and improved NOI month over month, this investment presents a rare opportunity to acquire a 24-unit multifamily community in the highly sought-after 78745 submarket of South Austin.
The property delivers immediate in-place income with clear avenues to further drive revenue through operational improvements and strategic repositioning.
An assumable loan option provides incoming ownership with financial flexibility and favorable debt terms, lowering the barrier to entry and enhancing returns.
Located in one of Austin's fastest-growing corridors, 78745 benefits from strong population growth, robust new development, and a thriving mix of residential, retail, and entertainment uses—making it a proven destination for both renters and investors.
Location
State TX
County Travis
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Tile,Vinyl
Exterior
Utilities Available Cable Available,Electricity Connected,High Speed Internet,Natural Gas Connected,Phone Available,Sewer Connected
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type
New Construction No
Others
Special Listing Condition Standard