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5624 Woodrow Ave
Austin, TX 78756 Brentwood

$795,000 USD

Apartments For Sale  •  3,246 SF

Property Details

• Property Type Apartments
• Total Building Size 4,800 SF
• Lot Size 0.14 AC
• Building Class C
• Year Built 1983

50 Transit Score

70 Walk Score

Highlights

Six 1BR/1BA units totaling ±4,800 SF with a uniform ±800 SF floor plan across all apartments.

Current scheduled rent totals $5,525/month ($66,300 annually) providing immediate in-place cash flow.

12.2% rent upside — market rent projected at $6,200/month vs. current $5,525/month.

Acquisition at $795,000 equates to $165.63/SF and $132,500 per unit.

NOI grows from historical $26,034 to $39,676.50 in Year 1 (adjusted) at stabilized rents.

Desirable Central Austin infill submarket with limited six-unit multifamily inventory.

Public Transportation

Commuter Rail	Drive	Walk	Distance
	13 min	-	6.5 mi
Airport	Drive	Walk	Distance
Austin-Bergstrom International	28 min	-	14.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes