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This exceptional 3,612 square-foot four-plex, located on an oversized lot backing to a scenic wet-weather creek, presents a remarkable investment opportunity. Comprising two 2-bedroom, 1.5-bath units, one 1-bedroom, 1.5 baths and 2 living room unit which could easily be converted into a 2-bedroom unit, plus one expansive 1-bedroom, 1.5-bath unit, this property is ideally positioned for both investor stability and tenant satisfaction. Recent updates ensure peace of mind for the next owner, including the complete replacement of cast iron plumbing in 2023, a new flat roof installed in 2022, and updated HVAC units, with Units 2 and 4 receiving new systems within the last 2.5 years. Units 1 and 2 also benefited from HVAC servicing in 2025. Water heaters have been replaced across all units, with new installations in Units 1 and 3 in 2024 and Units 2 and 4 in 2022. All kitchen appliances are less than five years old, with two of the units offering upgraded stone countertops and stainless-steel appliances. The property is currently generating consistent rental income, with Unit 2 leasing for $1,500 per month, Unit 3 at $1,550, and Unit 4 at $1,350. Unit 1 is vacant, providing an opportunity for immediate income generation. Three of the four units feature washer and dryer connections, while adding a gas stub out in the only laundry room without hook ups would be easy, enhancing tenant appeal. This four-plex's lush outdoor space includes fruit trees, a blackberry bush, citrus trees, rose bushes, flowing vines, and a garden, offering tenants a tranquil environment rarely found in similar properties. The property's location, with a short drive to Mabel Davis Pool & Park and convenient access to I-35 and HWY 71 make tenant's commute a breeze, further enhances the property's desirability. Notably, the property has demonstrated strong tenant retention, with two-thirds of current tenants choosing to live here due to family connections on the same street.
| LAST UPDATED | 5/8/2025 | TRACT | mission hill |
|---|---|---|---|
| YEAR BUILT | 1968 | COMMUNITY | mission hill |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Linder |
|---|---|
| Jr. High School | Lively |
| High School | Travis |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Free-Standing Electric Range, Water Heater |
| AREA | 9 |
| CONSTRUCTION | Brick Veneer |
| HEAT | Central |
| LOT | 0.31 acre(s) |
| PARKING | See Remarks |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | mission hill |
| TAXES | 12944 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Chris Hightower, The Hightower Company
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/9/25 12:44 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.
