2818 E 22nd St.

OFF MARKET – CALLING ALL EAST AUSTIN INVESTORS
2818 E 22nd St., Austin, TX 78722 - Rosedale/Cherrywood

Rare opportunity to acquire three brand-new construction townhomes sold as a package in one of East Austin’s strongest rental and appreciation corridors. This off-market investor deal is being offered prior to MLS exposure.

The offering includes three newly built, three-story residences, each approximately 1,930 sq ft with 3 bedrooms, 2.5 baths, dedicated office space, multiple balconies, and private carports. Modern, efficient layouts are designed to maximize rentability and long-term durability, making this an ideal asset for both buy-and-hold investors and future resale. All three homes were built using modular and on-site construction methods.

Estimated completion: January 2026, positioning the property for lease-up during the high-demand spring rental season.

Investment Highlights:

• 3 units sold together – ideal small-multifamily package

• All new construction = low maintenance, strong depreciation

• Premium floorplans with balconies and office space

• Carports + walkable urban location

• High-demand 3BR configuration attractive to professional tenants and roommate groups

Location Advantage – East Austin 78722:

Ideally positioned minutes from Downtown, UT, Mueller, and the Medical District, this location offers strong walkability and immediate access to East Austin’s most popular retail, dining, and lifestyle amenities. Nearby favorites include Fleet Coffee, Casa Bianca, Mi Madre’s, Palomino Coffee, Salty Sow, Hoover’s Cooking, Haymaker, and the Mueller Retail District. Quick access to Airport Blvd, Manor Rd, MLK Blvd, and I-35 ensures easy connectivity across Austin.

Pro Forma Income:

Based on current market comps for new-construction 3-bedroom townhomes in East Austin, projected market rents are estimated at $3,600–$3,900 per unit per month.

• Projected Monthly Gross Rent: ~$10,800–$11,700

• Projected Annual Gross Rent: ~$129,600–$140,400

Final rents subject to market conditions at completion, management strategy, and furnishing options.

Hybrid Strategy – Partial Sell-Off + Long-Term Hold:

East Austin continues to see sustained rental demand driven by proximity to employment centers, lifestyle appeal, and limited new small-scale multifamily inventory—making this a compelling long-term hold or exit opportunity.

• Sell 1 unit, hold 2 rentals:

• Estimated sale proceeds: ~$950K–$1.05M

• Significantly reduces basis in remaining 2 units

• Remaining rental NOI materially improves effective cap rate on retained units

• Sell 2 units, hold 1 rental:

• Estimated sale proceeds: ~$1.9M–$2.1M

• Retained unit held at a substantially reduced net basis

• Results in an effective cap rate materially higher than stabilized hold scenario

This strategy allows investors to recycle capital, reduce leverage, or create near-zero basis holds, while maintaining exposure to East Austin rental growth.

Final pricing, rents, and returns subject to market conditions, buyer execution, and disposition timing.

Offered as a package: $2,600,000
Off-market. No individual unit sales currently. Professional photos coming soon.

📞 Contact for full plans, rent comps, and access prior to MLS.