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1314 Southport Dr, Austin, TX 78704

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For Sale

$829,900

8 beds • 4 baths • 4 half baths • 3,956 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $209.78
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# 5317015

Courtesy Of Citirents

(512) 751-3733

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Porch, Patio, Ceiling Fan, Cable Ready
  • Appliances
    Dishwasher, Microwave, Refrigerator
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Masonite
  • Floor Covering
    Tile, Vinyl, Laminate, Carpet
  • Lot Size
    0.19 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 1314 Southport Dr, Austin, TX 78704

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.