This beautifully renovated 4-plex offers a compelling investment opportunity in one of Austin’s fastest-growing areas. With two units already leased and strong interest in the remaining two, this property is on track to deliver a projected cap rate of approximately 5.7%—making it an attractive option for investors seeking both cash flow and long-term upside.
Each of the four townhome-style units features 2 bedrooms and 2 bathrooms across approximately 1,144 square feet. Inside, you’ll find open-concept living spaces with soaring ceilings, large windows, and thoughtfully updated finishes—including modern kitchens with quartz countertops and stainless steel appliances. The main level includes a bedroom and full bath, while the upstairs loft-style primary suite boasts dual vanities, an oversized walk-in shower, and a cozy nook perfect for a home office or reading space. Units C and D also enjoy private fenced backyards with low-maintenance artificial turf. Each unit comes with 2 parking spaces.
Just minutes from The Domain, Q2 Stadium, and major employers like Apple, Amazon, and IBM make this property especially appealing to high-quality tenants.
Whether you’re building your portfolio or seeking a solid 1031 exchange, this is a turn-key opportunity in a high-demand rental corridor that continues to attract long-term interest.
4,576 Sq Ft
0.2766 Private Acres Exterior Space
Investment
Built in 1983
MLS/Listing ID 1593206
2 Stories
Cooling - Ceiling Fans
High Ceilings
Open Floor Plan
Pantry
Vaulted Ceilings
Walk-in Closets
Laundry Closet
Washer Hookup
Dryer Hookup
Electric Dryer Hookup
Lot - Cul-de-sac
Lot - Landscaped
Lot - Xeriscape
Parking - Assigned
Front Porch
Composition
Shingle
Community - Car Share Available
Parking - Private
Side Porch
Bay Windows
Quartz Countertops
Stainless Steel Appliances
Lot - Backyard
Slab
Vinyl
Tile
Privacy
Front Yard
Fenced
Backyard
Rain Gutters
Private Yard
Construction - Masonry
Construction - Hardi Plank Type
Construction - Brick
Range Hood
Microwave
Disposal
Free-standing Gas Range
Electric Water Heater
Dishwasher
Listing Courtesy of DOUGLAS ELLIMAN REAL ESTATE, KATHLEEN MAGAT - 650-291-7516
Source of Data: AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE