Active

4414 Dianne DR

Austin TX, 78745

$999,990


$324.04 per sqft

Active

3,086 sqft

Multi-family

Built in 1949

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.

4427523

MLS ID

May 18, 2024

Listed

October 1, 2024

Updated

Map

4414 Dianne DR
Austin TX, 78745

Interior Features

Interior Features

Bidet, Built-in Features, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, Gas Dryer Hookup, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Kitchen Island, Low Flow Plumbing Fixtures, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Stackable W/D Connections, Storage, Track Lighting, Washer Hookup


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


Floor Description

Concrete, Laminate, Wood


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.28 Acres


Exterior Features

Exterior Steps, Lighting, Private Yard


Lot Features

Back Yard, Few Trees, Front Yard, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)


Roof

Composition


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Crockett


Elementary School

Joslin

Other Property Details

Area Name

10N


Taxes

$20,635


Tax Frequency

Annually


Garage

No


Parking

Driveway


View

No


View Description

None


County

Travis


Water Source

Public


Pool

No


Pool Features

None

Courtesy of Compass RE Texas, LLC

Listing Contact: 512-913-7480

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Grimes Group Austin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

©2024 Austin/Central Texas Realty Information Service. All rights reserved. 

Database last updated 10:02 PM UTC, 10/1/2024

 

Powered byLuxury Presence