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$2,200,000
68 Days On Site

Blanco, TX 78606

For Sale|Multi Family|Active
0
Beds
0
Total Baths
12,303
SqFt
$179
/SqFt
2023
Built
Subdivision:
Paradise Heights
County:
Blanco

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Blanco County is one of the fastest-growing rural counties attracting retirees, young families and remote workers. Blanco is dominated by single-family homes and ranches, leaving apartment options scarce. The scarcity and difficulty developing new boosts demand and keeps rental occupancy high. Blanco is also located within 50 miles of both Austin and San Antonio, TX, 2 of the top 10 most populated markets in the entire USA, offering residents small-town living with easy access to urban job markets, universities and cultural attractions. The surrounding area also boasts exceptional outdoor recreation, wineries, breweries, tourism, including several annual outdoor festivals. Blanco is becoming a quiet hot bed of activity for its inhabitants. Live Oak Apartments is A STABLIZED AND TURNKEY MULTIFAMILY OFFERING IN CENTRAL TEXAS!! Major remodel leaving negligible deferred maintenance. Per sellers, remodeled everything other than structure, foundation and exterior walls. Below are the highlights: 1. Strong Cashflow investment in Central TX. 2. Major remodel finishing May 2023 leaving no deferred maintenance. 3. Ability to monitor utility consumption remotely and leases structured with utility reimbursement. 4. Strong 100% Cost Segregation potential with no significant capital reserves required in budgeting. 5. Existing property management willing to stay in place. 6. Lean expense ratio and high yield for the area.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
68 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,303 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
2023
MLS® Number 
9160651
Status 
Active
Property Tax 
$29,746.4
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1
Additional Property Use 
Multi-Family
Building Features 
Washer/Dryer Connections
Disclosures 
Other Disclosures
Foundation 
Slab
Number Of Stories 
1
Parking 
Parking LotPaved
Parking Spaces 
30
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)Fire AlarmFire Sprinkler System
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
12303
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
Vinyl
Heating 
Central
Laundry Features 
Washer Hookup
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Exterior Features
Construction Details 
BrickHardiPlank Type
Other Structures 
None
View 
None
Waterview 
None
Community Features
Financing Terms Available 
CashConventional
Horse Allowed 
Yes
MLS Area 
BL
Listing courtesy of Keller Williams Realty [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2025-11-10 02:28 AM CST

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Neighborhood & Commute
Source: Walkscore
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