$829,900

1314 Southport DR, Austin, TX 78704

3,956 sqft

Multi-Family Home
Built in 1982
8,189sqft lot
—— car garage
$210/sqft
Listed 1 month ago

Property Description

Don't miss out on this Rare Find in Vibrant, High Demand 78704! Income producing Fourplex with Charming Bungalow Style, 2/1,5 Townhome Floorplans. Well Kept, Diligently Maintained, Fully Updated, Turnkey Investment Opportunity! Choose immediate passive income, value add to raise rents higher or look into Condo Conversions for Individual Resale. Recent November comps reflect a 20-24% increase in current rental rates. Unit C is vacant and listed for lease at $1600. Other units below market rents due to long term tenants. Significant improvements include roof replacement (2022), exterior wood replacement and repaint (2025), full renovation in Unit C including new appliances, new flooring, fixtures and paint (2025). This premier location provides tenants with easy access to 290/71, Mopac and I35 and makes this property easy to lease. Located only minutes to many employers as well as 78704 many eclectic cafes, local merchants, downtown venues, Lady Bird Lake, miles of hike & bike trails, The SOCO District, South 1st and South Lamar entertainment districts adds to the ability to acquire stable renters and see long term appreciation. Unit #C is vacant a ready to show. All floorplans have front door porches, large verandah style covered decks, open living room layouts with plank flooring throuout downstairs and spacious laundry rooms off the kitchen with full size washer/dryer connections. Pictures of each unit reflect current updates for each. See attached MLS docs for Leases, List of Updates, Income Statement, Rent Roll and Survey.

Listing Status:: Active
Listing Office:: Jantha Tucker : (512) 751-3733
Listing Agent:: Jan Tucker : (512) 751-3733
MLS ID:: 5317015

General: Breakfast BarCeiling Fan(s)Corian CountersTile CountersHigh Speed InternetOpen FloorplanWalk-In Closet(s)
Rooms: BedroomBathroomKitchenDining RoomLaundryLiving Room
Appliances: DishwasherDisposalGas CooktopGas RangeMicrowaveGas OvenRefrigerator
Laundry: In KitchenIn UnitInsideLaundry RoomMain Level
Flooring: CarpetLaminateTileVinyl
A/C: Ceiling Fan(s)Central AirElectric
Heating: Central
Fireplace: Fireplaces: 0
Eco/Green Feature: NoneNone

General: See RemarksBalconyExterior StepsLighting
Other Structures: Front PorchDeckPatioCovered
Pool: None
Parking: AssignedOff StreetPavedParking spaces: 8

Roofing: Composition
Windows: Blinds
General: TwoPillar/Post/Pier

HOA Amenities: See RemarksElectronic PaymentsGoogle FiberHigh Speed InternetStreet Lights
Originating MLS: actris
School District: Austin ISD
County: Travis

Zoning: LOT 5 BLK B SOUTHRIDGE SEC 6310064
View: None
Fencing: None

Utilities: Cable AvailableElectricity ConnectedHigh Speed InternetNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: actris

This listing courtesy of Jan Tucker, Jantha Tucker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Galindo Elementary School

3800 S 2nd St, Austin, TX, 78704

Grades EE-5

0.39 miles away

Lively Middle School

201 E Mary St, Austin, TX, 78704

Grades 6-8

1.72 miles away

Richards School for Young Women Leaders

2206 Prather Ln, Austin, TX, 78704

Grades 6-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.