| Month | Year | Expenses | Vacancy (0.5) | Net | |
| 3 Bedroom | $3,600 | $43,200 | $6,480 | $1,800 | $34,920 |
| 4 Bedroom | $4,200 | $50,400 | $7,560 | $2,100 | $40,740 |
| TOTAL | $7,800 | $93,600 | $14,040 | $3,900 | $75,660 |
935 E 51st st is a beautifully designed and constructed property in the North UT neighborhood of Central Austin, just steps from transport routes, the University and Mueller district. Can be leased conservatively at a 5.1% Cap Rate or occupied by the owner.
Unit A includes 4 bedrooms with 3 1/2 baths with a full second-master on the ground floor complete with private entrance to the double carport and ensuite featuring oversized sink and counter space. Unit B includes 3 bedrooms with 2 1/2 baths, designed for comfort and functionality.
The ground floor’s 10ft ceilings are accented by both 8ft interior and exterior doors, with double-sealed concrete floors as part of the energy-efficient design that also includes premium spray foam insulation, fire-rated shared wall, tankless hot water, electric vehicle charging and 30yr shingle construction.
The kitchens includes premium quartz countertops, high-end Black stainless touch-screen appliances, extra-deep countertop cabinets and floor-to-ceiling walk-in pantry. A premium push-button garbage disposal system comes installed. The central island provides additional countertop seating.
Engineered hardwood stairs (with custom black metal handrails connecting the first and second floors) frame the washer/dryer closets, staircase and expansive under-stair storage space
The second floor, conditioned by a multi-zoned Nest thermostat, holds three bedrooms – two shared and the North-facing master bedroom. The master suite features his and hers closets, walk-in shower and 11ft vaulted ceilings. Unit A provides access to 250+ sf of private covered deck space. Additional features include; double carport parking, brilliant LED exterior light package, Xeriscaped grounds, Cedar fence and fresh Bermuda Sod.
