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$1,300,000 Just Listed
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Property Description
Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. Convenient location within walking distance to UT, downtown, East Austin and the State Capitol with easy access North / South via I-35 and East / West via 15th St. Zoned LR-MU-NP which would allow for several development paths including residential, small-scale retail, professional office or pet services. Swedish Hill Apartments represents a compelling opportunity for investors and developers to secure a foothold in one of Austin's top performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot's proximity to downtown and views make it an attractive immediate or long-term redevelopment option.
Full Property Details
Full Property Details for 1009 E 16th St
General
- Price: $1,300,000
- Taxes: $17,395 (2025)
- Status: Active
- Type: Apartment
- Source: Austin_MLS
- MLS ID: 6516695
- Updated: 6/11/2026
- Added to Site: 4 day(s) ago
Rental Information
- Lease Info: Modified Gross
Interior
- Flooring: Vinyl, Wood
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 7
- Parking Features: None
Location
- Area: 5
- County: Travis
- Subdivision: Rectors
- Driving Directions: Heading East along E 15th St turn onto I-35 frontage road then first R into E 16th St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Varies by Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: HardiPlank Type, Wood Siding
- Square Feet: 3,819
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Multi-Family
- Year Built: 1985
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1407
- Lot Size (Sq. Ft.): 6,128.89
- Topography: Level
- Lot Features: Flat
Financial Considerations
- Operating Expenses: $40,000
- Assessment Amount: $850,000
- Tax Amount: $17,395.12
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Fannie Mae
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Building Plans, Profit/Loss Statement, Rent Rolls
- Legal Description: W 47.5FT OF LOT 5 BLK B OLT 42 DIV B RECTORS SUBD
- Disclosures/Reports: None
- Property ID: 2090610050000
- Block: B
- Lot Number: 5
Listed by Muskin Elam Group LLC
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Schools
Schools serving 1009 E 16th St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Campbell Elementary School, Austin, TX 2613 Rogers Avenue, Austin, TX 78722 | PK-5 | 1 mi |
Kealing Middle School 1607 Pennsylvania Avenue, Austin, TX 78702 | 6-8 | 0.5 mi |
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1009 E 16th St
Date
Details
Price
Change
Source
6/11/2026
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1009 E 16th St
1009 E 16th Street, Austin, TX 78702 (MLS# 6516695) is a Apartment property. 1009 E 16th Street is currently listed for $1,300,000 and was received on June 11, 2026. Want to learn more about 1009 E 16th Street? Do you have questions about finding other Apartment real estate for sale in Central East Austin? You can browse all Central East Austin real estate or contact a Coldwell Banker agent to request more information.

