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
September 5, 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
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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
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Database last updated 6:58 PM UTC, 9/5/2024