fbpx
Save
Ask
Tour
Hide
Share
$5,250,000
31 Days Online

11409-11427 Ptarmigan Street
Austin, TX 78758

For Sale|Condo|Active
0
Beds
0
Full Baths
0
Partial Baths
20,040
SqFt
$262
/SqFt
1981
Built
Subdivision:
Quail Hollow
County:
Travis

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 512-565-8563
Is this the home for you? We can help make it yours.
512-565-8563
11409-11427 Ptarmigan Street11409-11427 Ptarmigan Street
Save
Ask
Tour
Hide
Share

SVN | Angelic is pleased to present the exclusive offering of 11409-11427 Ptarmigan Drive (The "Property"), a unique, value add opportunity in Austin, TX. Constructed in 1987, the Property consists of twenty (20) total units comprised of ten (10) contiguous condo style duplex units averaging a spacious 1, 002 square feet. There are several ways to add value to this property and capture extensive upside opportunity including but not limited to raising the majority of the rents to market in year one without improving the units, and/ or performing moderate interior renovations, to increase even rents even further, and/or selling off individually as four unit investments to take advantage of the residential price per units. The Average rents are $1, 346/ unit, which are significantly less than comparable averages. The submarket has a strong occupancy rate of 93.2% and asking rents are up roughly 20% since the start of the pandemic, well above the national average (costar). The asset is in a prime location, situated less than 2 miles from the Domain, one of Austin's premier destinations for fashion, luxury, dining, and family fun with 100+ stores and restaurants, with plenty of nearby amenities including but not limited to Topgolf, Ascension Seton Northwest, and Dell Children's Medical Center of Central TX. Please email gabriel.silverstein@svn.com and alex.provost@svn.com for OM and additional info.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$5,250,000
Days Online 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
20,040 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.66 Acres
Year Built 
1981
MLS Number 
6758787
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoListing first seen online
General Features
Parking 
GarageOn Site
Parking Spaces 
20
Acreage 
1.66
Water 
See Remarks
Security 
None
Property Sub Type 
Apartment
Utilities 
See Remarks
Listing Conditions 
Standard
Interior Features
Cooling 
See Remarks
Heating 
See Remarks
Flooring 
See Remarks
Save
Ask
Tour
Hide
Share
Exterior Features
Waterfront Property 
No
Community Features
MLS Area 
N
Security Features 
None
Listing courtesy of Angelic Real Estate, LLC.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Data last update - 2022-06-25 06:40 AM CDT

32. REQUIRED DMCA NOTICE Member Participant’s IDX site must comply with The Digital Millennium Copyright Act of 1998 by including appropriate notification instructions to users. A Vendor or Member Participant that receives a DMCA notice of infringement must immediately (no later than 24 hours after receipt) notify MLS GRID at DMCAnotice@MLSGrid.com. A Member Participant’s IDX site must include the conspicuous display of the following two paragraphs: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share
Margaret Coltman - That Cellist Realtor ®