22,610 SqFt
22,610 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,610 sqft
Price per Sqft $154
Subdivision Park Forest Sec 04
MLS Listing ID 1829829
Year Built 2025
Annual Tax Amount $10,246
Tax Year 2024
Lot Size 0.284 Acres
Acres 0.284
Property Sub-Type Multi Family
Source actris
Property Description
1500 Sylvan Glade is a newly constructed four-unit asset positioned in one of South Austin's most stable and quietly appreciating submarkets. Located in 78745, the property benefits from proximity to major lifestyle anchors and ongoing infrastructure investment along South Lamar Boulevard and the Ben White Corridor.
This area is transitioning into a higher-density, amenity-driven neighborhood — the type of organic growth pattern that historically supports rent growth and asset appreciation. While maintaining its distinct South Austin character, the corridor is becoming increasingly vibrant and interconnected, attracting long-term tenants seeking walkability, access, and authenticity.
With limited fourplex inventory in central Austin and strong tenant demand driven by nearby retail, dining, and recreation, this asset is well-suited for a long-term hold, portfolio diversification, or 1031 exchange strategy.
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile, Wood
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View None
Total Parking Spaces 10
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame,Glass,Attic/Crawl Hatchway(s) Insulated,Plaster,Wood Siding
New Construction Yes
Others
Special Listing Condition Standard