2802 Whitis Ave

Austin, TX 78705

$1,600,000
Last List Price
—
Beds
—
Baths
2,590 Sq. Ft.
$618 / Sq. Ft.
2,590
Sq. Ft.
$618
per Sq. Ft.
Closed 12/12/24
Closed 12/12/24

Description

Welcome to The Esquire, a rare opportunity to own a small apartment complex in the North Campus area near the University of Texas! The property consists of 10, efficiency units that are 100% occupied at $800/month each. The units are neat and clean and they all feature vinyl floors, a well-appointed kitchen with a range & refrigerator plus a full bathroom with a tub/shower combo. Superb location that is within walking distance to the University of Texas which is one of the largest public universities...Welcome to The Esquire, a rare opportunity to own a small apartment complex in the North Campus area near the University of Texas! The property consists of 10, efficiency units that are 100% occupied at $800/month each. The units are neat and clean and they all feature vinyl floors, a well-appointed kitchen with a range & refrigerator plus a full bathroom with a tub/shower combo. Superb location that is within walking distance to the University of Texas which is one of the largest public universities in the nation, restaurants & coffee shops, music venues, vintage stores and more. The Hemphill park is around the corner offering a nice, quiet place to walk and relax. Due to the location, there is built-in demand so the units rent quickly at the current price and stay rented year-over year. The current Owners chose to keep rents steady but rents in the area are typically higher so there is a potential to increase rates immediately or you could do some modest improvements and increase your income. The North Campus, central area is witnessing an amazing amount of development and growth so future development options are possible which helps add to the value of the land. There are 10 electrical meters and 6 parking spots (this has not impacted rentability given the walkability, available rideshare options and scooters). Per the Owner, the structure was originally designed and framed for a second story so that is something that could be looked into if someone is interested in adding more rentable units. No matter what your investment goals are, this property offers the possibility to meet them! Whether you're looking for a passive income stream, the possibility of a "value add" rental property or a "buy and hold" strategy focusing on longer term appreciation, this flexible property has the potential to meet all 3.
  1. Listed by Sonya Cunningham • TREC #0509384 • Kuper Sotheby's Int'l Realty • (512) 633-4619

Property Details for 2802 Whitis Avenue

Subdivision Name
Whitis
Building Name
Esquire
Waterfront
No
View
Neighborhood, Trees/Woods
View YN
Yes
Parcel Number
02150301060000
Tax Lot
10
Tax Block
13
LISTING UPDATED: 12/13/2024 03:28 PM

Property Details for 2802 Whitis Avenue

StatusClosed
MLS #5251498
Days on Market76
Taxes$14,058 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1956
Lot Size0.12 AC / 5,174 SF
CountyTravis County

Location

Listing Courtesy of Kuper Sotheby's Int'l Realty, Sonya Cunningham, TREC #0509384

Sold By Open Book Real Estate LLC, Russell Artman, TREC #0630729

Add your commute

Building Information for 2802 Whitis Avenue

Stories1Residences-Year Built1956Lot Size0.12 AC / 5,174 SF

Payment Calculator

$8,970 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,798

Property Taxes

$1,172

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2802 Whitis Avenue

General Information
Parking
  • Parking Total: 6
  • Parking Features: Off Street, Paved, Parking Lot, Unassigned
Interior
  • Stories Total: 1
  • Flooring: Vinyl
Exterior
  • New Construction: No
  • Construction Materials: Brick, Frame, Concrete
  • Foundation Details: Slab
  • Accessibility Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Size Source: Public Records
  • Road Surface Type: Paved
  • Zoning: MF-5 per the City of Aust
  • Current Use: Multi-Family
  • Horse: No
Location Information
  • Leasable Area: 2590.0
  • Building Features: Appliances, No Loading, Sign(s)
  • Number Of Buildings: 1
  • Building Area Total: 2,590.00
  • Building Area Source: Public Records
Utilities
  • Cooling YN: Yes
  • Cooling: Wall/Window Unit(s)
  • Heating YN: Yes
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $836,747
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.97%
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • Directions: Go East on 29th Street from Guadalupe St, Take a Right on Whitis after Kirby Hall, Apartment Complex will be on the Right side

Property History for 2802 Whitis Avenue

DateEvent & SourcePriceAppreciation
Dec 12, 2024

Sold

ACTRIS #5251498

—
Nov 1, 2024

Pending

ACTRIS #5251498

—
Oct 7, 2024

Active Under Contract

ACTRIS #5251498

$1,500,000—
Jul 25, 2024

Listed (Active)

ACTRIS #5251498

$1,600,000—
DateEvent & SourcePrice
12/12/2024

Sold

ACTRIS #5251498

—
11/01/2024

Pending

ACTRIS #5251498

—
10/07/2024

Active Under Contract

ACTRIS #5251498

$1,500,000
07/25/2024

Listed (Active)

ACTRIS #5251498

$1,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2802 Whitis Avenue

Taxable ValueLand$776,250Additions$259,750Total$1,036,000
Home Facts
Total Finished SqFt2,590 SqFtAbove Grade Finished SqFt2,590 SqFtStories1Lot Size5,175 SqFtStyleMulti-Family Res (5+ Units)Year Built1956Year Renovated1970CountyTRAVISAPN0215030106

Schools near 2802 Whitis Avenue

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Lee Elementary School
Public - K to 6
Kealing Middle School
Public - 6 to 8
McCallum High School
Public - 9 to 12
Garza Independence High School
Public - 10 to 12
Rating
School
Distance
Lee Elementary School
PublicK to 6

Kealing Middle School
Public6 to 8

McCallum High School
Public9 to 12

Garza Independence High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Kuper Sotheby's Int'l Realty, Sonya Cunningham, TREC #0509384

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.