Rare dual-lot portfolio sale. Exceptional opportunity to acquire 218 W 51st St and 5101 Leralynn St (MLS #, 4256210) Austin, TX 78751 together as a single package. Can be purchased at $675,00 each or simultaneously to adjoin the properties. 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.
Active
Price increase: $675K (9/10)
$675,000
218 W 51st St, Austin, TX 78751
4beds
2baths
1,968sqft
Duplex
Built in 1942
-- sqft lot
$-- Zestimate®
$343/sqft
$-- HOA
What's special
Sprawling backyardOriginal wood floors
- 53 days
- 410
- 10
Zillow last checked:
Listing updated:
Listed by:
Scott Hayes (512) 375-8945,
Compass RE Texas, LLC (512) 575-3644,
Amy Harper (512) 826-2169,
Compass RE Texas, LLC
Source: Unlock MLS,MLS#: 2444007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Primary Bedroom
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: Built-In Gas Range, Dryer, RNGHD, Refrigerator, Washer
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile, Wood
- Windows: None
Interior area
- Total interior livable area: 1,968 sqft
Property
Parking
- Parking features: Driveway
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Private Yard
- Fencing: Back Yard, Fenced, Wood
- View description: None
- Waterfront features: None
Lot
- Size: 8,463 Square Feet
- Features: Front Yard
Details
- Additional structures: None
- Parcel number: 02230802490000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Features: Tennis Court(s)
- Senior community: Yes
- Subdivision: Koenig Place Annex
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $629,944
- Annual tax amount: $13,424
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,449/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change | $1,350,000+100%$686/sqft |
Source:  Unlock MLS #4183608 Report a problem | ||
| 9/4/2026 | Price change | $675,000-50%$343/sqft |
Source: Unlock MLS #2444007 Report a problem | ||
| 8/13/2026 | Listed for sale | $1,350,000$686/sqft |
Source: Unlock MLS #2444007 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,892 -8.3% | $629,944 -11.2% |
| 2024 | $14,058 -0.1% | $709,366 -8.8% |
| 2023 | $14,066 -2.2% | $777,436 +1.5% |
| 2022 | $14,375 | $766,152 +41.2% |
| 2021 | -- | $542,600 +31.8% |
| 2020 | $9,168 +3.8% | $411,721 |
| 2019 | $8,831 | $411,721 +1.2% |
| 2018 | -- | $407,000 +30.5% |
| 2017 | -- | $311,808 -14.2% |
| 2016 | $7,288 | $363,470 +10.4% |
| 2015 | $7,288 | $329,293 +2.5% |
| 2014 | $7,288 | $321,392 +19.5% |
| 2013 | -- | $268,859 -5.2% |
| 2012 | -- | $283,714 +3.8% |
| 2011 | -- | $273,373 -0.9% |
| 2010 | -- | $275,945 -5.8% |
| 2009 | -- | $293,043 +7.5% |
| 2008 | -- | $272,621 +19.7% |
| 2007 | -- | $227,665 +109.3% |
| 2006 | -- | $108,799 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Loop
Nearby schools
Schools provided by the listing agent
- Elementary: Reilly
- Middle: Lamar (Austin ISD)
- High: McCallum
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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