Overview

Gallery

Virtual Tour

Amenities

Quotes

Video

Location

Contact Us

2818-e-22nd-exterior

2818 E 22nd St.

  • Austin, TX
  • $2,500,000
$2,500,000

2818 E 22nd St.

9 Beds 9 Baths 0.217 Acres

Description

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: $2,500,000
Off-market. No individual unit sales currently. Professional photos coming soon.

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

 

Share Property

Location

2818 E 22nd St. , Austin, TX 78722

Status

For Sale

9

9

Total Bedrooms

9

9

Total Bathrooms

0.217

0.217

Acres

Lot Size

image

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 2818 E 22nd St. , Austin, TX 78722. We are reviewing your request and will be in touch shortly!
Change time
../name
2818-e-22nd-exterior
../name
../name
../name
../name
../name
../name
../name
../name
../name
../name
../name
../name
../name
../name
../name

01

Interior

Total Bedrooms

9

Total Bathrooms

9

Full Bathrooms

6

Half Bathrooms

3
01

Exterior & Building

Stories

3
01

Lot & Area

Status

For Sale

Total Area

5,790 Sq.Ft.

Lot Size

0.217 Acres

Type

Multi-Family

Neighborhood

Central East

Elementary School

Campbell

Middle School

Kealing

High School

McCallum

School District

Austin ISD
01

Finance

Sales Price

$2,500,000

Explore

Central East

Where progressive spirit meets urban sophistication

Welcome to Central East

Step into a locale where the tempo of urban life fuses seamlessly with a forward-thinking ethos. Central East offers an effervescent mosaic of experiences, marked by its walkable neighborhoods and spirited vitality. Here, every corner buzzes with potential, inviting residents and visitors to explore the tapestry of eclectic shops and vibrant public spaces. The area echoes with a youthful dynamism while paying homage to enduring traditions, creating a fascinating blend that defines its unique character.
 

What to Love

  • Culinary scene ever-refreshing with new weekly openings
  • Contemporary energy balanced with a sense of community
  • Energetic streetscapes conducive to exploration

Local Lifestyle

Falling in love with the Central East is effortless, especially when there's always something novel to discover, especially in the dining arena. With new dining establishments and watering holes appearing on the scene almost weekly, the lifestyle here is anything but stagnant. Whether you're a foodie, a cocktail aficionado, or someone who simply enjoys a varied social life, Central East rolls out an ever-changing red carpet for you.
 

Dining and Entertainment

For a gastronomic treat, Skinny’s has earned its reputation as a must-visit culinary destination. Offering a menu that pleases both discerning gourmands and comfort-food seekers alike, it's easy to understand the rave reviews. Paperboy delivers a fantastic dining experience. From the pancakes to the patty melts, each dish is delightful.
 
As for libations, Nickel City stands as a sanctuary for cocktail lovers. This establishment prides itself on its inventive mixology, with each drink a creation designed to intrigue your taste buds and elevate your spirits.
 
Last but certainly not least, Hillside Farmacy is a bustling dining spot using only the freshest of ingredients and the finest of flavors.
 

Things to Do

Though Central East's dining and entertainment options are ample, sometimes you may wish to engage in activities that are less centered around food and drink. Many residents find joy in simply wandering through the community's vibrant neighborhoods, discovering new murals or hidden garden spaces that add a touch of surprise and artistic flair to everyday life.
 
Moreover, the area's bustling streets frequently host pop-up events and street fairs, offering unique opportunities to engage with the community. Whether it's a local craft fair, an open-air concert, or a charity fun run, there's always something on the calendar to keep you entertained and involved.
Welcome to Central East Step into a locale where the tempo of urban life fuses seamlessly with a forward-thinking ethos. Central East offers an effervescent mosaic of experiences, marked by its walkable neighborhoods and spirited vitality. Here, every corner buzzes with potential, inviting residents and visitors to explore the tapestry of eclectic shops and vibrant public spaces. The area echoes with a youthful dynamism while paying homage to enduring traditions, creating a fascinating blend that defines its unique character. What to Love Culinary scene ever-refreshing with new weekly openings Contemporary energy balanced with a sense of community Energetic streetscapes conducive to exploration Local Lifestyle Falling in love with the Central East is effortless, especially when there's always something novel to discover, especially in the dining arena. With new dining establishments and watering holes appearing on the scene almost weekly, the lifestyle here is anything but stagnant. Whether you're a foodie, a cocktail aficionado, or someone who simply enjoys a varied social life, Central East rolls out an ever-changing red carpet for you. Dining and Entertainment For a gastronomic treat, Skinny’s has earned its reputation as a must-visit culinary destination. Offering a menu that pleases both discerning gourmands and comfort-food seekers alike, it's easy to understand the rave reviews. Paperboy delivers a fantastic dining experience. From the pancakes to the patty melts, each dish is delightful. As for libations, Nickel City stands as a sanctuary for cocktail lovers. This establishment prides itself on its inventive mixology, with each drink a creation designed to intrigue your taste buds and elevate your spirits. Last but certainly not least, Hillside Farmacy is a bustling dining spot using only the freshest of ingredients and the finest of flavors. Things to Do Though Central East's dining and entertainment options are ample, sometimes you may wish to engage in activities that are less centered around food and drink. Many residents find joy in simply wandering through the community's vibrant neighborhoods, discovering new murals or hidden garden spaces that add a touch of surprise and artistic flair to everyday life. Moreover, the area's bustling streets frequently host pop-up events and street fairs, offering unique opportunities to engage with the community. Whether it's a local craft fair, an open-air concert, or a charity fun run, there's always something on the calendar to keep you entertained and involved.
Show more
../name

Let’s connect

Thank you for your message

We will be in touch with you shortly

name

Thank you for your message

We will be in touch with you shortly

Let’s connect

Travis Lairsen

EM

Travis Lairsen

Real Estate Agent, CLHMS

0490010

Travis possesses a profound knowledge of the city of Austin and surrounding areas.

Show more
soldatx.com
Phone
(512) 825-6067