2305 Longview ST new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78705
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,690 sqft
Price per Sqft $741
Subdivision Longview Terrace
MLS Listing ID 4072121
Year Built 1940
Annual Tax Amount $21,800
Tax Year 2022
Lot Size 0.254 Acres
Property Description
Turnkey West Campus Investment – High Yield, Prime Location
This is a rare opportunity to acquire a fully modernized, cash-flowing asset in the heart of West Campus — one of the most proven and resilient rental markets in the country, fueled by the University of Texas.
Two fully renovated houses on one lot:
Current Lease: $13,600/month through July 31, 2026
Pro Forma for 2026-2027: Projected rents approaching $15,000/month
Investment Highlights:
Exceptional Location: Walking distance to UT Austin, Shoal Creek Trail, and Caswell Tennis Center
Immediate Cash Flow: High-quality tenants secured under long-term leases
Built-in Upside: Strong rent growth forecasted for the 2026 leasing cycle
High Demand Asset Class: Large, updated rental houses are in perpetual demand among UT student groups
Robust Fundamentals: Safety, walkability, rental stability, and market appreciation
Summary:
Outstanding income today, significant rent growth tomorrow, and long-term appreciation in one of the nation's most competitive real estate corridors.
This is the highest-yield, lowest-risk asset currently available in West Campus.
Location
State TX
County Travis
Interior
Heating Central,Separate Meters,See Remarks
Cooling Central Air,Multi Units
Flooring Wood
Fireplaces Type None
Exterior
Exterior Feature Exterior Steps
Garage Spaces 2.0
Fence Partial
Pool None
Community Features Tennis Court(s),Trail(s)
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description Back Yard,Front Yard,Level
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Bryker Woods
Middle Schools O Henry
High Schools Austin
School District Austin Isd
Others
Special Listing Condition Standard
Pets Allowed Cats OK,Dogs OK