USATXAustinRidgetop Gardens Sec 021302 E 52Nd Street

New

$2,495,000

For Sale

9 hours ago

1302 E 52Nd Street, Austin, TX

Name: 1302 E 52Nd Street, For Sale in Austin - eXp Realty
Brand: Douglas Elliman Real Estate
SKU: 5972252
Price: 2495000 USD

House

MLS® 5972252

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $48,239

Days Active 1

Lot Size 0.6983 Acres

Approx. Age 1962

MLS® Number 5972252

Property Address: 1302 E 52nd Street, Austin, TX, 78723

Average square foot calculated using Size range provided by listing agent.

Description

15-Unit Multifamily Investment + Repositioning Opportunity In-Place Income | Strategic Infill Location | Multiple Value-Creation Paths 1302 E 52nd St presents a rare opportunity to acquire an existing 15-unit multifamily asset with in-place income and multiple potential paths for future value creation. Positioned in a strategic Central Austin infill location near Mueller, the property offers investors the ability to generate income today while evaluating opportunities to enhance operations or reposition the asset over time. With established in-place tenancy, the property provides immediate rental income while preserving flexibility for its next chapter. Beyond optimizing the existing multifamily operation, the property’s location and configuration may appeal to investors exploring alternative residential operating models, supportive or workforce housing, mid-term or co-living concepts, or longer-term conversion or redevelopment strategies, subject to applicable zoning, approvals and buyer due diligence. Directly across the street, SAFE’s Lancaster development adds another dimension to the property’s evolving surroundings. The location also provides convenient access to Mueller, Dell Children’s Medical Center, the University of Texas and Dell Medical District, Downtown Austin, and major transportation corridors including I-35 and US-290. Nearby Mueller offers a significant concentration of retail, dining, recreation, healthcare and employment, including Mueller Lake Park, the Mueller Farmers’ Market, Alamo Drafthouse and a growing mix of restaurants and neighborhood amenities. For the investor looking beyond today’s operations, 1302 E 52nd presents something increasingly difficult to replicate in Central Austin: an existing income-producing multifamily property in an established infill location with the flexibility to consider multiple strategies for its next chapter. Financial information and additional property details are available upon request.

MLS® Number5972252

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1962

Basement

DrivewayAssigned, Enclosed, Gated, Off Street, Private

Garage Spaces

HeatCentral, Natural Gas

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 4, 2026List Date

$2,495,000List Price

Commute

Commute

Starting Address

Destination Address

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