Property Details

• Price: $749,500
• Status: Pending
• Property Type: Multi-Unit Residential
• Square Feet: 3,244

Description

Exceptional, fully-leased, turnkey Fourplex Investment in Prime Austin Location. Seize the opportunity to own a fully remodeled fourplex on a generous 0.19-acre lot, perfectly positioned in one of Austin's most sought-after zipcodes. This property features two spacious 2-bedroom, 1-bath units (approx. 900 sq. ft. each) and two stylish 1-bedroom, 1-bath units (approx. 700 sq. ft. each). Unlike many of the other fourplexes on this street, this property is single-story and offers parking at the front of the building with direct access to each unit's front door (no steps). Originally built in 1969, the building has been thoughtfully upgraded with contemporary finishes throughout, including polished concrete flooring, designer light fixtures, stainless steel appliances, and modern cabinetry. Nestled on a quiet street in the vibrant heart of Austin's student district--just steps from St. Edward's University--this property is perfectly situated for both students and young professionals. Enjoy easy access to I-35, South Congress, and South Lamar, with downtown Austin only 3 miles away. Tenants will love being within walking distance to local favorites like Cosmic Coffee & Beer, Nomadic Beerworks, Plaza Colombian Coffee, Poke Poke, '04 Lounge, and a variety of gyms and fast-casual dining options. Whether you're looking to house hack (current finance available with 5% down and interest rates of approx. 6.5% for owner-occupiers) or to expand your multifamily investment portfolio, this property offers outstanding potential for strong cash flow and long-term appreciation. Photos are representative of floorplan, finish and quality.

Features

• County: Travis
• County: Travis
• Area: 6
• Subdivision: Willow Spgs Sec 01
• Directions: Heading South on I35, take Woodward St then make a left on Willowrun Dr. Heading South on South Congress turn Left into Woodward St then Right into Willowrun Drive. Property is on the RHS nearly at the end of the road before it curves left.
• Interior: Breakfast Bar, Ceiling Fan(s), Main Level Primary, Multiple Closets, No Interior Steps, Stone Counters
• Primary Bedroom On Main: Yes
• Number of Fireplaces: 0
• Fireplace Description: None
• Heating: Central
• Floors: Concrete
• Laundry: Common Area
• Disabled Features: None
• Appliances: Dishwasher, Electric Cooktop, Disposal, Oven, Range, Refrigerator
• Total Number of Units: 4
• Accessibility: None
• Style: Brick, HardiPlank Type
• Stories: 1
• Is New Construction: No
• Construction/Exterior: Brick, HardiPlank Type
• Exterior: Uncovered Courtyard
• Foundation: Slab
• Possession: Closing & Funding
• Water / Sewer: Public Sewer
• Water: Public
• Parking Description: Common, Kitchen Level, Off Street, Unassigned
• Garage Spaces: 0
• Fencing: None
• Lot Size in Acres: 0.192
• Waterfront Description: None
• Has Waterfront: No
• Has View: No
• View: None
• Is One Story: Yes
• Elementary School District: Austin ISD
• Elementary School: Galindo
• Middle School: Lively
• High School: Travis
• Roof/Attic: Composition
• Other Utilities: Electricity Available
• Property Type: RI
• Property SubType: Quadruplex
• Year Built: 1969
• APN: 04100104310000
• Status: Active Under Contract
• Pets: Negotiable
• Documents Available: Survey
• Square Feet Source: Public Records

Location

Address: 3430 Willowrun Drive Austin, TX 78704

City: Austin, TX 78704