4314 Gillis Street, Austin, TX

$2,495,000

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0.43

Acres

About 4314 Gillis Street

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.

Features of 4314 Gillis Street

MLS® # 6942708
Price $2,495,000
Bathrooms 0.00
Acres 0.43
Year Built 1985
Type Commercial Sale
Sub-Type Apartment
Status Active

Community Information

Address 4314 Gillis Street
Area 10N
Subdivision Fritts Add
City Austin
County Travis
State TX
Zip Code 78745

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Sewer Connected
Parking Asphalt
Is Waterfront No
Has Pool No

Interior

Interior Tile, Vinyl
Heating See Remarks
Fireplace No

Exterior

Construction HardiPlank Type
Foundation Slab

Additional Information

Date Listed November 7th, 2025
Days on Market 13
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty, LLC
Contact Info(512) 661-3843
Office Contact(512) 661-3843

Listing Map

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