Austin, TX 78745,4314 Gillis ST
Austin, TX 78745,4314 Gillis ST
Austin, TX 78745,4314 Gillis ST
24
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$2,495,000
Est. payment /mo
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21,510 SqFt
New

4314 Gillis ST Austin, TX 78745

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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

Acres 0.4336

Property Sub-Type Apartment

Source actris

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

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Available, Sewer Connected

Total Parking Spaces 26

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction No

Others

Special Listing Condition Standard


Listed by eXp Realty, LLC

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MPA Realty , PLLC

MPA Realty , PLLC

Brokerage | License ID: 9009219

+1(512) 586-7651

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4314 Gillis ST