8207 Sam Rayburn Dr - Apartments FOR SALE


Austin, TX 78753- Georgian Acres
$925,000 USD
512-784-2345
8207 Sam Rayburn Dr, Austin, TX for Sale
$925,000 USD
Apartments - FOR SALE
1/62
null | 5.81% Cap Rate

8207 Sam Rayburn Dr
Austin, TX 78753
Georgian Acres


OVERVIEW

Welcome to 8207 Sam Rayburn Dr, Austin, TX — a newly renovated 8-unit multifamily property comprised of eight one-bedroom, one-bath residences. This asset has undergone extensive recent improvements, including a new roof (2024), one new HVAC system, five new water heaters, four new stoves, five new refrigerators, eight new windows, three new doors, and steel exterior doors installed on all units. Interiors feature fresh paint throughout along with select upgrades. Additional enhancements include a repaired laundry room ready for equipment installation and added income potential, a new 6-foot cinderblock fence along the rear of the property, and consistent professional pest control. Numerous smaller repairs have also been completed, demonstrating strong attention to detail and making this a truly turnkey multifamily investment opportunity in the Austin market. Further upside exists through the addition of laundry machines and the potential rental of two approximately 5x5 storage spaces for additional revenue.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

8

PRICE/UNIT

$115,625

CAP RATE

5.81%

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

MF-3 NP

APN/PARCEL ID

238101,238176

ASK ABOUT THIS PROPERTY

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512-784-2345

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512-784-2345

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