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.
Active
$1,350,000
5101 Leralynn St, Austin, TX 78751
5beds
2baths
1,968sqft
Duplex
Built in 1948
-- sqft lot
$-- Zestimate®
$686/sqft
$-- HOA
What's special
Sprawling backyardOriginal wood floors
- 15 days
- 97
- 1
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#: 4256210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Rooms
- Room types: Primary Bedroom
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Gas Range, RNGHD, Refrigerator, Stainless Steel Appliance(s)
Features
- Built-in Features, Ceiling Fan(s)
- Flooring: Tile, Vinyl, Wood
- Windows: None
Interior area
- Total interior livable area: 1,968 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: None
- Fencing: Back Yard, Fenced, Wood
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 7,993 Square Feet
- Features: None
Details
- Additional structures: None
- Parcel number: 02230802010000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Tennis Court(s)
- Subdivision: Koenig Place Annex
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $655,041
- Annual tax amount: $13,908
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,917/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $1,350,000$686/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,405 -3.9% | $655,041 -6.9% |
| 2024 | $13,951 +7.5% | $703,942 -1.9% |
| 2023 | $12,982 -10.4% | $717,544 -7.2% |
| 2022 | $14,486 | $773,225 +68.4% |
| 2021 | -- | $459,099 +13% |
| 2020 | $9,045 +3.8% | $406,200 |
| 2019 | $8,712 +23.9% | $406,200 +7.4% |
| 2018 | $7,032 | $378,084 +19% |
| 2017 | $7,032 -13.1% | $317,620 -19.7% |
| 2016 | $8,091 | $395,371 +10% |
| 2015 | $8,091 | $359,323 +5.7% |
| 2014 | $8,091 | $340,000 +22.7% |
| 2013 | -- | $277,129 -5.7% |
| 2012 | -- | $293,764 -1.4% |
| 2011 | -- | $297,922 +5.6% |
| 2010 | -- | $282,214 -13.3% |
| 2009 | -- | $325,687 +9.8% |
| 2008 | -- | $296,500 +29.8% |
| 2007 | -- | $228,379 +3.8% |
| 2006 | -- | $219,971 +8.4% |
| 2005 | -- | $202,867 |
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: Ridgetop
- 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.







