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4414 Dianne DR
Austin, TX, 78745
$999,990
Beds
0 Baths
3,086 SqFt
0.28 Acres
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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.

Property Details

Price:
$999,990
MLS #:
4427523
Status:
Active
Beds:
0
Baths:
0
Address:
4414 Dianne DR
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Ford Place
City:
Austin
Listed Date:
May 18, 2024
State:
TX
Finished Sq Ft:
3,086
ZIP:
78745
Lot Size:
12,023 sqft / 0.28 acres (approx)
Year Built:
1949
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Schools

School District:
Austin ISD
Elementary School:
Joslin
Middle School:
Covington
High School:
Crockett

Interior

Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Plumbed For Ice Maker, Free- Standing Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer/ Dryer, Washer/ Dryer Stacked, Water Heater- Electric, Water Heater- Gas, Tankless Water Heater
Cooling
Central Air, Electric
Flooring
Concrete, Laminate, Wood
Heating
Central, Natural Gas

Exterior

Community Features
Curbs, Electronic Payments, Google Fiber, High Speed Internet, Laundry Facility(s), Park, Sidewalks, Storage, Street Lights, Trash Pickup – Door to Door
Exterior Features
Exterior Steps, Lighting, Private Yard
Other Structures
Storage, See Remarks
Parking Features
Driveway
Roof
Composition

Financial

Taxes
$20,635

Map

Community

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4414 Dianne DR
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