4314 Gillis St

Incredible location at an incredible rate! Assumable loan thru 2033 with approx. $1m balance at 3.57%. Improved occupancy and improved NOI month over month, this investment presents a rare opportunity to acquire a 24-unit multifamily community in the highly sought-after 78745 submarket of South Austin. The property delivers immediate in-place income with clear avenues to further drive revenue through operational improvements and strategic repositioning. An assumable loan option provides incoming ownership with financial flexibility and favorable debt terms, lowering the barrier to entry and enhancing returns. Located in one of Austin’s fastest-growing corridors, 78745 benefits from strong population growth, robust new development, and a thriving mix of residential, retail, and entertainment uses—making it a proven destination for both renters and investors.