Turnkey Property For Sale in Austin, TX & Real Estate (UPDATED)

Mid Term Rental

Temple OFF-MARKET Short Term Rental $285k

3707 McCleland Creek Trl, Temple

Purchase Price:$285,000

Cashflow:$824/mo

Cap Rate:8.87%

Short Term Rental

Austin OFF MARKET Rent By Room HouseHack $475k

918 Satellite Vw, Round Rock

Purchase Price:$475,000

Cashflow:$445/mo

Cap Rate:6.52%

Long Term Rental

Austin Turnkey Duplex $565k

3001 Catalina Dr, Austin

Purchase Price:$565,000

Cashflow:$733/mo

Cap Rate:6.95%

Short Term Rental

Austin Top Performing Downtown AirBnb $1.75M

1612 Clifford Ave, Austin

Purchase Price:$1,750,000

Cashflow:$3,452/mo

Cap Rate:8.06%

Long Term Rental

Austin RARE Cashflowing Turnkey Duplex $385k

900 Fieldwood Dr, Austin

Purchase Price:$385,000

Cashflow:$450/mo

Cap Rate:7.09%

Long Term Rental

Austin UNICORN Quadplex Exceeding 1% Rule $560k

6913 Wentworth Dr, Austin

Purchase Price:$560,000

Cashflow:$1,010/mo

Cap Rate:8.15%

Short Term Rental

Austin Turnkey Short Term Rental w/ Proven Income $1.07M

13204 Onion Creek Dr, Manchaca

Purchase Price:$1,070,000

Cashflow:$2,940/mo

Cap Rate:8.69%

Long Term Rental

Austin RARE Cashflowing Turnkey Duplex $390k

900 Fieldwood Dr, Austin

Purchase Price:$390,000

Cashflow:$259/mo

Cap Rate:6.79%

Short Term Rental

Austin Area (Pflugerville) Off-Market Turnkey Airbnb – $830k

807 Clarence Bohls Ln, Pflugerville

Purchase Price:$830,000

Cashflow:$1,418/mo

Cap Rate:7.45%

Short Term Rental

Waco Turnkey Off-Market Short Term Rental $360k

2710 Cumberland Ave, Waco

Purchase Price:$360,000

Cashflow:$265/mo

Cap Rate:6.87%

Long Term Rental

Killeen Fully Occupied Cashflowing Turnkey Duplex – $330k

1401 Loyal Ln, Killeen

Purchase Price:$330,000

Cashflow:$526/mo

Cap Rate:7.31%

Short Term Rental

Austin Area (Round Rock) Proven Short Term Rental – $695k

1204 Lacey Oak Loop, Round Rock

Purchase Price:$695,000

Cashflow:$3,143/mo

Cap Rate:10.82%

Short Term Rental

Austin High Production Airbnb Deal – $847k

13601 Paisano Trl, Austin

Purchase Price:$847,000

Cashflow:$4,564/mo

Cap Rate:11.86%

Long Term Rental

Killeen 1% Rule Cashflowing Quadplex – $410k

4409 Alan Kent Dr, Killeen

Purchase Price:$410,000

Cashflow:$952/mo

Cap Rate:8.18%

Short Term Rental

Waco Award Winning Airbnb High Cashflow – $520k

2400 Austin Ave, Waco

Purchase Price:$520,000

Cashflow:$2,149/mo

Cap Rate:10.36%

My Crucial Tip to Turnkey property for sale in Austin

Austin is perhaps not the best place to look for turnkey properties for sale. If you want to walk into a strong equity position in this great city, you will almost always need to bring some kind of value-add component to the equation. The only possible exception to this could be if you are considering mid-term-renting a condo, as we have helped clients with these types of strategies recently with good success. Fix and flip or long-term holds are good choices for Austin, with its growing technology sector promising a good future for the local economy. But, as it stands, we don’t recommend looking for turnkey properties for sale here as the returns are not the best in the current market status.

Austin Investment performance and average price

	Avg Purchase Price	Avg Cap Rate	Avg Cash on Cash Return	Avg Cash Needed to close
Commercial 5+ units LTR	150k - 200k per door	0% - 4%	0%-4% (assumes 25% down payment)	$60,000 per door
Short Term Rental (SFH)	450k - 550k	4% - 6%	4% - 7%	$110,000 (furnished)
STR (2-4 Units)	175k - 250k per door	5% - 7%	5% - 8%	$51,500 per door (furnished)
Long Term Rental (2-4 Units)	200k - 250k per door	0% - 4%	0% - 4%	$60,000 per door
Long Term Rental (SFH)	375k - 425k	0% - 4%	0% - 2%	$90,000
Househack (2-4 Units)	200k - 250k per door	n/a	n/a	$13,000 per door
Househack (SFH)	400k - 550k	n/a	n/a	$21,000

Frequently asked questions
						I Am Ready to Invest. What Should Be My Next Step Toward Buying Turnkey property for sale in Austin?
					
						We are thrilled that you are here! If you are exploring the possibility of investing in Turnkey property for sale in Austin, our team is waiting to hear from you. During your introductory consultation, we will chat about your goals, try to pin down your search criteria, and answer any questions you might have. We can also recommend our preferred lenders to begin the pre-approval process and get you ready to submit offers based on our findings in the local real estate market.					

						Do You Personally Invest in Turnkey property for sale in Austin and Other Markets?
					
						Yes. Every member of our team is an active real estate investor. Victor acquires multiple properties annually, including Turnkey property for sale in Austin, with a portfolio that includes single-family homes, multi-family properties, and more. The strategies we recommend are the exact ones that we personally use.					

						How Many Clients Do You Work With Who Are Interested in Turnkey property for sale in Austin?
					
						Currently, we keep our Active Investor list limited to 30 clients at a time. This way, we can ensure we can offer equal attention and a personalized experience for all. If you are working with us to seek Turnkey property for sale in Austin, we will review your file daily and deliver curated prospects aligned with your goals. We only work with engaged clients and aim for consistent communication.					

						Do You Work With Investors Looking for 5+ Units Turnkey property for sale in Austin?
					
						Absolutely! We are happy to help clients who wish to purchase Turnkey property for sale in Austin that include 5+ unit multifamily buildings. However, we consider 2-4 units to be the gold standard for such endeavors. Cap rates have improved for these larger assets as interest rates have increased, so there are strong acquisition opportunities at present.					

						Is It Still Possible to Find Cash-Flowing Turnkey property for sale in Austin?
					
						Yes, but it is crucial to adapt the strategy to the local market. This is where we come in, as we have a strong first-hand knowledge of local markets when exploring Turnkey property for sale in Austin. Let us do the work in comparing traditional long-term rentals versus short- or medium-term strategies to find the perfect approach in this location. We will align your acquisition of Turnkey property for sale in Austin with a management strategy that supports your income goals.					

						I Am an Out-of-State Investor. Can I Still Buy Turnkey property for sale in Austin?
					
						Of course! In fact, many of our clients are based outside of Texas. We have honed an efficient system to support out-of-state investors with things like remote video walkthroughs, electronic document signing, and mobile notary services. We make it easy to purchase Turnkey property for sale in Austin with confidence from anywhere in the country with no need to travel.					

						How Many People Are on Your Team, and Will I Work With You Directly When Searching for Turnkey property for sale in Austin?
					
						Our team consists of seven full-time professionals, including four investor-focused agents, a real estate analyst, and a closing coordinator. We are also supported by a professional network of trusted contractors and others who are crucial to the process, assisting with legal and tax consultancy, recommendations for improvements, and more. If you are pursuing Turnkey property for sale in Austin, you will work directly with Victor in the initial stages, but the full team will be at your disposal.					

						Are There Turnkey property for sale in Austin by Owner?
					
						We are very experienced at tracking down Turnkey property for sale in Austin that are listed directly by the owners. These types of listing can occasionally offer unique opportunities, but you will need our help to perform due diligence and full legal compliance. Let us help you evaluate these opportunities to ensure they align with your investment goals.					

						Where Can I Find Cheap Turnkey property for sale in Austin?
					
						The cheapest Turnkey property for sale in Austin are usually found in emerging neighborhoods, older subdivisions, or through off-market deals. These properties may require some light renovation, but they often present opportunities for robust long-term cash flow. Work with our team to identify undervalued assets that match your budget and offer strong returns.

Turnkey property for sale in Austin, TX

My Crucial Tip To Purchase Investment Properties In Austin, TX.

My Crucial Tip to Turnkey property for sale in Austin

Austin Investment performance and average price

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Frequently asked questions

Ready to invest in central Texas real estate?

Ready to invest in central Texas real estate?

Ready to invest in central Texas real estate?