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.
Active
$850,000
3430 Willowrun Dr, Austin, TX 78704
6beds
4baths
3,244sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
Modern comfortContemporary finishesStainless steel appliancesFresh inviting atmosphereModern cabinetryDesigner light fixtures
- 32 days
- on Zillow |
- 636 |
- 48 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 12:43pm
Listed by:
Sally Burns (512) 343-2700,
Muskin Elam Group LLC (512) 343-2700
Source: Unlock MLS,MLS#: 3663804

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Rooms
- Room types: Master Bedroom, Bedroom, Master Bathroom, Living Room
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Cooktop, Oven
Features
- Breakfast Bar, Ceiling Fan(s), Stone Counters, No Interior Steps, Primary Bedroom on Main
- Flooring: Concrete
- Windows: Aluminum Frames
- Fireplace features: None
Interior area
- Total interior livable area: 3,244 sqft
Property
Parking
- Parking features: Common, Kitchen Level, Off Street, Unassigned
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Uncovered Courtyard
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 8,354.81 Square Feet
- Features: Interior Lot, Landscaped, Level, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: None
- Parcel number: 04100104310000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Laundry Facility(s)
- Subdivision: Willow Spgs Sec 01
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $879,629
- Annual tax amount: $16,095
- Date on market: 7/8/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
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