4414 Dianne DR Active Save Request In-Person Tour Request Virtual Tour
Austin,TX 78745
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,086 sqft
Price per Sqft $324
Subdivision Ford Place
MLS Listing ID 4427523
Year Built 1949
Annual Tax Amount $20,635
Tax Year 2024
Lot Size 0.276 Acres
Property Description
This beautiful property has 4 separate living spaces, a main home & 3 apartments. The home, plus 3 apartments are currently rented on 2-year leases promising long-term income. Additional income comes from the rear fenced 30 feet of the lot, rented on a long-term lease to a landscape contractor. With the main home, 3 apartments, & the rear fenced area leased up, gross rent is ~$83,100 + 2 storage units that could generate additional income. This is an excellent location in 78745 just south of 290 in a high-demand, highly appreciating area of south Austin just 3/4 mile to St. David's south, just off Ben White in Ford Place, & conveniently located near grocery stores, restaurants, bars, coffee shops, you name it! Everything has been updated - the main home in 2019 with a new large utility room in 2021, Unit 2B built in 2015, Unit 2A built in 2017, 1B build out & remodeled in 2020 + a new interior slab. All lighting is LED. Roof is a 30-year asphalt shingle, & the new roofing was completed per the above timeline. There is even a common laundry facility for Units 1B, 2A & 2B. All appliances convey. The additional 304 SF storage building that is split into a 124 SF workshop, and 80 SF of storage space. Rent out either of these 2 spaces for additional income, or use them for personal use. The backyard compound is enjoyed by all the residents. The main home even boasts a large outdoor patio space. There are 2 apple trees in the rear, one in front, + a pecan tree on the south side tenant's entrance. This property is a must-see & an amazing investment opportunity for those looking to invest in real estate. Leave as long-term leases, or convert to short term rentals with the new City of Austin position on accepting non-owner occupied STRs.
Location
State TX
County Travis
Interior
Heating Central,Natural Gas
Cooling Central Air,Electric
Flooring Concrete,Laminate,Wood
Fireplaces Type None
Exterior
Exterior Feature Exterior Steps,Lighting,Private Yard
Fence Chain Link,Full,Wood
Pool None
Community Features Curbs,Electronic Payments,Google Fiber,High Speed Internet,Laundry Room,Park,Sidewalks,Storage,Street Lights,Trash Pickup - Door to Door
Utilities Available Above Ground,Cable Available,Electricity Connected,High Speed Internet,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description Back Yard,Few Trees,Front Yard,Trees-Large (Over 40 Ft),Trees-Medium (20 Ft - 40 Ft),Trees-Small (Under 20 Ft)
Foundation Combination,Pillar/Post/Pier,Slab
Sewer Public Sewer
Water Public
Structure Type Concrete,HardiPlank Type,Blown-In Insulation,Masonite
New Construction No
Schools
Elementary Schools Joslin
Middle Schools Covington
High Schools Crockett
School District Austin Isd
Others
Special Listing Condition Standard
Pets Allowed Negotiable