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$1,350,000
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Property Description
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.
Full Property Details
Full Property Details for 218 W 51st St
General
- Price: $1,350,000
- Taxes: $13,424 (2026)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 2444007
- Updated: 8/13/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Walk-In Closet(s)
- Appliances: Built-In Gas Range, Dryer, Refrigerator, Range Hood, Washer
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Tennis Court(s)
- Tennis: Yes
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 2
- Parking Features: Parking Lot
Location
- Area: 4
- County: Travis
- Subdivision: Koenig Place Annex
- Driving Directions: From N Lamar Blvd, head southeast on W 51st St. Cross Guadalupe St. Property is on the right.
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Ridgetop
- Middle School: Lamar (Austin ISD)
- High School: McCallum
Community
- Adult Community: Yes
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, See Remarks, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 1,968
- Sq. Ft. Source: Public Records
- Living Area: 1,968 Sq. Ft.
- Year Built: 1942
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1943
- Lot Size (Sq. Ft.): 8,463.71
- Fence: Yes
- Lot Features: Front Yard
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- Assessment Amount: $629,944
- Tax Amount: $13,424.18
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 3 KOENIG PLACE ANNEX
- Disclosures/Reports: None
- Property ID: 2230802490000
- Lot Number: 3
Listed by Compass RE Texas, LLC
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Schools
Schools serving 218 W 51st St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Ridgetop Elementary School 5005 Caswell Avenue, Austin, TX 78751 | PK-5 | 0.7 mi |
Lamar Middle School, Austin, TX 6201 Wynona Avenue, Austin, TX 78757 | 6-8 | 1.7 mi |
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756 | 9-12 | 0.8 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 218 W 51st St
Date
Details
Price
Change
Source
8/13/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 218 W 51st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,892
-8%
$629,944
-11%
2024
$14,058
-2%
$709,366
-9%
2022
$14,375
—
$777,436
7%
2022
$14,375
22%
$727,898
34%
2021
$11,811
29%
$542,600
32%
2020
$9,168
4%
$411,721
—
2020
$8,831
-1%
$411,721
1%
2018
$8,940
10%
$407,000
31%
2016
$8,106
17%
$311,808
-14%
2017
$6,954
-8%
$363,470
10%
2015
$7,561
14%
$329,293
2%
2013
$6,623
-18%
$321,392
20%
2014
$8,093
—
$268,859
—
Disclaimer: Historical tax 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 218 W 51st St
218 W 51st Street, Austin, TX 78751 (MLS# 2444007) is a Duplex property with 0 bedrooms and 0 full bathrooms. 218 W 51st Street is currently listed for $1,350,000 and was received on August 13, 2026. Want to learn more about 218 W 51st Street? Do you have questions about finding other Duplex real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.

