$850,000
For Sale

3430 Willowrun Drive

Austin, TX 78704
3244 sqft | 0.19 acres | #3663804
Browse 26 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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 high-demand property features two spacious 2-bedroom, 1-bath units (approx. 900 sq. ft. each) and two stylish 1-bedroom, 1-bath units (approx. 550 sq. ft. each)—ideal for maximizing rental income and attracting a diverse tenant base. 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. Each unit offers a fresh, inviting atmosphere that appeals to today’s discerning renters.
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 or expand your multifamily portfolio, this property offers outstanding potential for strong cash flow and long-term appreciation. Take advantage of Austin’s thriving student housing market and invest in a turnkey asset that combines modern comfort, unbeatable convenience, and enduring neighborhood appeal.
Adjacent property also available. Photos are representative of floorplan, finish and quality. May be of adjacent property.

  • Property Details
      • InteriorBreakfast Bar, Ceiling Fans, MainLevelPrimary, Multiple Closets, No Interior Steps, Stone Counters
      • Lot DescriptionInterior Lot, Landscaped, Level, Near Public Transit, Trees Medium Size
      • Utility FeaturesElectricity Available
      • Exterior MaterialsUncovered Courtyard
      • SubdivisionWillow Spgs Sec 01
      • Property ConditionUpdated Remodeled
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Property SubtypeQuadruplex
      • Original List Price$850,000
      • Elementary SchoolGalindo
      • Taxes Annual$16,095
      • MLS #3663804
      • MLS #3663804
      • Acres0.1918
      • Utility SourcePublic
      • Middle SchoolLively
      • High SchoolTravis
      • CountyTravis
      • Cost850000
      • Square Feet3244
      • Year Built1969
      • FoundationSlab
      • Days on Market (Cumulative)27
      • Pets1

Location

Terese SmithReal Estate Group
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