218 W 51st St Austin, TX ^$ 1,350,000

218 W 51st St

^$ 1,350,000

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Recently Listed

218 W 51st St

Austin, TX, 78751

^$ 1,350,000

Studio Baths0.0 Sq 1,968

Monthly Estimate*

^$ 8,524

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Studio

Multi-Family Home for sale in Austin, TX

for $1,350,000. This 1,968 square foot home was built in 1942 on a lot size of 0.1943.

Rare dual-lot portfolio sale. Exceptional opportunity to acquire 218 W 51st St and 5101 Leralynn St, Austin, TX 78751 together as a single package. These properties are being sold as one with the other, and the list price reflects both parcels. The 51st St property includes a vacant 1,968 sq ft duplex featuring original wood floors and a sprawling backyard. Positioned in prime Koenig Place Annex right across from neighborhood tennis courts, this package is perfect for a premium multi-unit redevelopment or a high-yield rental portfolio.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 11,777

Style

Duplex

Lot Size

0.1943

Year Built

1942

Town/City

Austin

County/Region

Travis

MLS | Web ID

2444007

Features

General

Living Area 1968

Sewer Public Sewer

Heating See Remarks

Cooling See Remarks

Utilities Electricity Available Water Available

Roof Composition

Appliances Built-In Gas Range Dryer RNGHD Refrigerator Washer

Garage Spaces 0

Patio/Porch Features Porch

Construction Materials Frame

Pets Allowed Cats OK Dogs OK

Year Built 1942

View None

Levels One

Property Subtype Duplex

Tax Year 2026

Waterfront Features None

Community Features Tennis Court(s)

Accessibility None

County Travis

New Construction N

Property Type Residential Income

HOA N

Energy Efficient None

Subdivision Name Koenig Place Annex

Facing Direction South

Green Sustainability None

Other Structures None

Status Active

Directions From N Lamar Blvd head southeast on W 51st St. Cross Guadalupe St. Property is on the right.

High School McCallum

City Austin

Disclosures None

MLS Area 4

Lot Size Square Feet 8463.71

Elementary School Ridgetop

Tax Annual Amount 13424.18

Middle/Junior High School Lamar (Austin ISD)

Property Condition Resale

Standard Status Active

Year Built Source Public Records

Tax Assessed Value 629944

Interior

Interior Amenities Ceiling Fan(s) Walk-In Closet(s)

Flooring Tile Wood

Total Fireplaces 0

Window Features None

Total Bedrooms 0

Total Baths 0

Exterior

Exterior Amenities Private Yard

Fencing Back Yard Fenced Wood

Parking Features Parking Lot

Lot Features Front Yard

Water Source Public

Total Parking 2

Foundation Details Pillar/Post/Pier

Lot Size Acres 0.1943

Waterfront Y/N N

Covered Spaces 0

Other Equipment None

Horse Y/N N

Internal Only

Street Number 1 218

* Excluded Features

List By

Scott Hayes

Listing Agent

Compass Re Texas, Llc

Broker

scotthayes@compass.com

Affordability Calculator

$9,505

Per Month

Monthly Principal & Interest: $8,524
Monthly Property Taxes: $981
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Austin, TX

Average List Price ^$704,905

Percent of Sale Price 48%

About Austin, TX

937,069 Population

36% Since 2002

^$66,040 Median Income

34.22 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4360532 Elementary School

4360217 Middle School

McCallum High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/13/2026	$1,350,000		Listed Price

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218 W 51st St, Austin, TX, 78751 is a Multi-Family Home for sale at $1,350,000 with 1,968 sqft and a lot size of 0.1943. 218 W 51st St is a studio with 0.0 baths and was built in 1942. The property's zip code is 78751 which is in Austin, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS) . Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS(r), ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied."

Data is updated as of 8/14/2026.

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218 W 51st St

Multi-Family Home for sale in Austin, TX

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