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A very rare opportunity to own 3 fully remodeled turnkey houses in West Campus. Prime WC location rented for 2 years in advance with strong solid leases and great cash flow. Easy walking distance to Campus and Capitol. Recently fully upgraded.  It is 2 separate properties selling together for a total of 3 free-standing houses: 1902 David #A is a 4 bed 2 bath, 1902 David #B is a 3 bed 3 bath house, and 1904 David St is a 5 bed 3 bath house. There are no common walls, 3 separate houses each with its own washer/dryer, and plenty of parking. All 3 houses are currently rented for a total of $16,800/mo. until July 31st, 2025, and already fully leased from Aug 7th, 2025, until July 31st, 2026, for $19,200/mo. Aug 2026 to July 2027 projected rents are at $20,150/mo. 1902 David B has great Downtown views from the rear patio and/or 2nd story, no back house neighbors, and walking/biking distance to UT. All units have hardwood floors on the first floor. The front houses are colonial style, and the back house is cabin style with a large open deck. Future re-development opportunity. Possibility for additional houses to be constructed in the lot as there is plenty of space.

A rare opportunity to own a fully remodeled West Campus House with a very strong cash flow and a 7%+ cap rate. This house had a complete remodel done!  The lot also features a backyard and its own parking spaces! The House is fully pre-leased for the Aug 2025 to Aug 2026 term at $9,595 per mo. It is currently leased until July 31st, 2025 for $6600 a month. We are currently marketing the home for Aug 2026 - Aug 2027 pre-lease at $10,770/mo. Large lot with plenty of space for the Buyer to build another home in the back of the lot. Lots of upside coupled with the strong rents and caprate, location, and quality make this an incredible purchase opportunity!

Prime Location for Investment!
Situated directly across the street from UT’s renowned School of Engineering, this property offers unbeatable convenience. With numerous shops, restaurants, and stores just steps away, the location is ideal for students, professionals, and visitors alike.

Currently operating successfully as an Airbnb, the property generated an average rental income of $1,500/month over the last year. For the two years prior, it was leased long-term at $1,400/month.

Low HOA dues and property taxes make this an exceptional investment opportunity with great potential for steady income.

Don’t miss out! Contact me today with any questions or to schedule a viewing.

Beautiful gated oasis located just a few blocks from UT and a mile from Downtown Austin! This gorgeous condo is filled with natural light and features several recent updates, walk in closets, in-unit laundry, & a large covered balcony accessible from both bedrooms. Per property manager, new A/C (both inside and outside) and water heater installed in 2019! Located in a neighborhood known for being very walkable (82 Walk Score) and bikeable (88 Bike Score). Several neighborhood parks and trails are within walking distance! The living room includes a wood burning fireplace, and the kitchen features all black appliances. Both bedrooms and the living room have ceiling fans. The UT Shuttle picks up right in front of the building, and the CapMetro bus routes along the Guadalupe St and Duval St corridors are within walking distance. Two reserved uncovered parking spaces included. Pet-friendly HOA, and HOA dues include trash, security service (courtesy patrol service performed nightly on the property), insurance on the structure (bare walls coverage), & common area maintenance. 31st Street Condos is well-lit for good visibility at night, and three gates provide convenient access from all parking locations. The controlled access courtyard and shaded lounge area features a gas grill, gas fire pit, tables and chairs, two bike racks, and the unit mailboxes. Siding comprised of brick and Hardie Plank. New roof and gutters installed approximately four or five years ago. These are all within a 5 minute walk: Speedway Market, Crown & Anchor Pub, Taco Joint, Posse East Grill, Clown Dog Bikes, Little Barber, & Vaquero Taquero. Whether you’re looking for a great investment or an excellent central Austin location to call home, this is a wonderful opportunity! A video tour (walk through video of the unit, plus exterior drone video) is included with this listing.

Landscaped, Near Public Transit, Trees Medium Size

78705

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REspace Realty Group has 8 photos of this 3 bed, 1 bath, 1121 sqft property that was listed on 02-27-2023 for $, and is located at 3102 Wheeler Street Austin, TX 78705.

3102 Wheeler Street Austin, TX 78705

Tony Lazarov

Owner / Broker

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Available for August 2024 Pre-Lease.
Charming 3 bed / 1 bath Hyde Park home, walk to UT, wood floors, well-maintained home - Charming Hyde Park home located on a beautiful street with almost all owner-occupied homes. This North Campus home is within walking distance to The University of Texas at Austin as well as walking distance to a bus stop. The brick bungalow features wood floors, an open living/dining room, a cute kitchen, a backyard (not fenced), high ceilings, off street parking in the driveway. 
-Courtesy of 512 Living

3102 Wheeler Street

Austin, TX 78705

1121 sqft | 3 beds | 1 bath

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