Austin, TX 78703 1409 Enfield Rd
$2,500,000



32 more

































Presented By: Moreland Properties;
Home Details
10-unit infill apartment community at the corner of Enfield and Marshall Lane in Clarksville. Rare and well-maintained offering - this property is walking distance to all things Clarksville, Downtown, Whole Foods, Lady Bird Lake, etc. Long history of 100% occupied building with very little turnover or down time between tenants. Low maintenance exterior featuring block and brick. Net Operating Income is $109,000. Top line recurring rental revenue based on April 2025 rent roll (attached) is over $200k/annually. All units are separately metered for all utilities including individual water meters. Many improvements over the past five years including new roof 2 years ago; and several full HVAC and water heater replacements. Detailed financials available to serious buyers. Future exit options include further updating/improvements to existing units; potentially adding additional units; re-developing the property, or condo regime formation of the current units. Priced at just $250k/door for a performing, high-quality building with lots of room for future upside, this is a rare and timely opportunity that features high-quality, stable tenants and cash-flow.
Presented By: Moreland Properties;
Interior Features for 1409 Enfield Rd
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
FlooringTile, Wood
General for 1409 Enfield Rd
AccessibilityNone
Additional Parcels Y/NNo
Building FeaturesAppliances
Building NameEnfield Arms
CityAustin
Construction MaterialsBlock, Brick, Concrete, Frame
CoolingCentral Air
CountyTravis
Current UseSee Remarks
DirectionsTake Enfield Rd east from Mopac. Property is on the corner of Enfield and Marshall, between West Lynn and Lamar.
DisclosuresLead Base Paint Addendum, Seller Provided Survey Available
Energy EfficientNone
Green SustainabilityNone
HeatingCentral
Leasable Area8664
Lease TypeFixed
Lot Size Square Feet12880.69
MLS Area1B
Net Operating Income109000
New ConstructionNo
Operating Expense40022
Other StructuresStorage
Property ConditionUpdated/Remodeled
Property SubtypeApartment
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameEnfield B
Tax Annual Amount42926.09
Tax Assessed Value2166000
Tax Year2024
UtilitiesElectricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Year Built1948
Year Built SourcePublic Records
ZoningMF-3
Exterior for 1409 Enfield Rd
Building Area Total8664
Foundation DetailsPillar/Post/Pier
Horse Y/NNo
Lot Size Acres0.2957
Number of Buildings1
Other EquipmentSee Remarks
Parking FeaturesCircular Driveway
Total Parking20
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Kristi Harvey, Licensed TX REALTOR
REALTOR®