Under contract

Active Under Contract

3467 Willowrun DR

Austin TX, 78704

$1,300,000


$457.75 per sqft

Under contract

Active Under Contract

2,840 sqft

Multi-family

Built in 1973

Prime Austin Investment Opportunity | Fully Renovated Quadplex + Expansion Potential! Turnkey, Income-Producing Quadplex in the Heart of Austin! This fully renovated 4-unit multifamily property is already generating strong short-term rental income with Airbnb success, and offers the rare opportunity to expand with a 5th unit for even greater cash flow. This is an unbeatable asset for any investor seeking passive income, long-term appreciation, and massive growth potential! PROPERTY FEATURES:4 Fully Renovated Units - Stripped to the studs and rebuilt with premium materials Expansion Potential - Approved for a 5th unit, unlocking additional revenue! Turnkey Airbnb or Long-Term Rental - Profitable & professionally managed Energy-Efficient Upgrades - Tankless water heaters, LED lighting, & individual mini-split HVAC systems High-End Interiors - Stainless steel appliances, granite countertops, modern cabinetry & durable flooring In-Unit Washer/Dryer - Laundry included in every unit 2 Assigned Parking Spaces Per Unit - Convenience for tenants & guests PROVEN CASH FLOW & FUTURE GROWTH: Currently generating impressive Airbnb & long-term rental income, Low operating costs with new energy-efficient systems, 5th unit addition = more doors, more income! High-demand rental area - Minutes to downtown, major employers, & entertainment hubs LOCATION, LOCATION, LOCATION! Nestled in the thriving St. Edwards/South Austin corridor, this quadplex offers the perfect balance of urban convenience & neighborhood charm. Walk to St. Edward's University - A steady pool of tenants Minutes to South Congress (SoCo), Downtown, & Zilker Park. Close to major tech hubs, nightlife, shopping & dining INVESTOR ALERT - RARE MULTIFAMILY OPPORTUNITY IN HOT AUSTIN MARKET! Whether you hold for long-term appreciation, maximize short-term rental profits, or scale with an additional unit, this is the perfect multi family play in Austin's booming real estate market!

5133486

MLS ID

February 24, 2025

Listed

February 28, 2025

Updated

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s), See Remarks


Appliances

Dishwasher, Microwave, Free-Standing Range, Stainless Steel Appliance(s)


Floor Description

Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall/Window Unit(s), Zoned


Heating

Yes


Heating Description

Natural Gas, Zoned

Exterior/Building Features

Lot Size

0.25 Acres


Exterior Features

Gutters Full


Lot Features

Trees-Large (Over 40 Ft)


Roof

Composition


Sewer

Public Sewer


Patio And Porch

Patio, Porch


Window

Double Pane Windows

School Information

School District

Austin ISD


High School

Travis


Elementary School

Galindo

Other Property Details

Area Name

6


Taxes

$18,128


Tax Frequency

Annually


Accessibility

None


Garage

No


Parking

See Remarks


View

No


View Description

None


County

Travis


Water Source

Public


Waterfront Features

None


Utilities

Electricity Available, Internet-Cable, Natural Gas Available

Listing History

Date

Event

Price

2/27/2025

Under contract

Courtesy of Spyglass Realty

Listing Contact: (512) 759-0889

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jennifer Ferrara shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2025 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 10:37 AM UTC, 2/28/2025

 

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