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31308503

8207 Sam Rayburn Dr, Austin, TX 78753 For Sale

AD
TX 0681288
KW Commercial
Listed by KW Commercial
$925,000
149 days on market
Updated 66 days ago

8207 Sam Rayburn Dr

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,480
Units 8
Cap Rate 5.81%
NOI $53,742
Occupancy 90%
Price per SqFt $206
Year Built 2001
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.172
Parking Spaces 10 spaces
Parking per 1,000 SqFt 2.23
Sale Condition For sale by owner

Multifamily | 8 Units | $115,625/unit

Marketing description

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.

Listing Contacts

AD
TX 0681288
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$53,742.00
$4,478.50/mo

Valuation Metrics

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DSCR
5.81%
Cap Rate
5.81%
ROI

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