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Austin 12-Plex 2 Blocks From Campus – MUST SEE – $1.55M

1903 E 20th St, Austin
ROI
21.10% IRR
Strategy
Long Term Rental
Must-see 12-unit asset in a prime Austin location near downtown and walking distance to the University of Texas. New roof installed in 2025. Five of the twelve units were renovated in 2025. All units are 1 bed / 1 bath and are either leased or rent-ready. Current rental market comps support $1,300+ per door. Very low vacancy, cashflows at current rents without increases, and extremely scarce inventory due to high land costs and limited new construction in the area. Excellent long-term buy-and-hold with strong asset quality and location quality.

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Austin 12-Plex 2 Blocks From Campus – MUST SEE – $1.55M

Listed 01/26/2026

1903 E 20th St, Austin

Purchase Price:$1,550,000

Cash Outlay:$418,500

Cashflow:$2,817/mo

Cap Rate:7.87%

IRR:21.10%

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