$724,500

3428 Willowrun DR, Austin, TX 78704

  • 3,244 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon8,102sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $223/sqft
  • Property List Date Icon Listed 2 months ago

Property 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 (Fannie Mae 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.

Listing Status:
Active
Listing Office:
Muskin Elam Group LLC : (512) 343-2700
Listing Agent:
Sally Burns : (512) 993-0842
MLS ID:
4422816
  • General: Ceiling Fan(s)Open FloorplanTrack Lighting
  • Rooms: Primary BedroomBedroomPrimary BathroomKitchenDen
  • Appliances: DishwasherDisposalElectric CooktopElectric RangeMicrowaveElectric OvenRefrigerator
  • Laundry: Common Area
  • Flooring: Concrete
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone
  • General: Uncovered CourtyardNo Exterior Steps
  • Other Structures: Porch
  • Pool: None
  • Parking: AsphaltAttachedCommonOff StreetOpenUnassignedParking spaces: 8
  • Roofing: Composition
  • Windows: Aluminum Frames
  • General: OneSlab
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Austin ISD
  • County: Travis
  • Zoning: LOT 10 BLK A WILLOW SPRINGS SEC 104100104300000
  • View: None
  • Fencing: Back Yard
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Sally Burns, Muskin Elam Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Galindo Elementary School

3800 S 2nd St, Austin, TX, 78704

Grades EE-5

0.97 miles away

L

Lively Middle School

201 E Mary St, Austin, TX, 78704

Grades 6-8

1.31 miles away

T

Travis Early College School

1211 E Oltorf St, Austin, TX, 78704

Grades 9-12

0.88 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.

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