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Shannon Green

shannon@shannongreenrealtor.com +1(512) 655-9855

$795,000

Est. payment - /mo

2,702 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,702 sqft

Price per Sqft $294

Subdivision Highland Hills Sec 01

MLS Listing ID 5191613

HOA Y/N No

Year Built 1958

Annual Tax Amount $11,103

Tax Year 2025

Lot Size 0.283 Acres

Acres 0.2833

Property Sub-Type Triplex

Source actris

Property Description

Exceptional Income-Producing Property in Northwest Hills!!! This well-maintained, income-producing property offers an outstanding central location with easy access to major thoroughfares, employers, shopping, and dining. Recently updated and fully leased, the property provides immediate and stable cash flow with strong rental performance. The property consists of three thoughtfully configured units, each with its own private outdoor space—an increasingly rare and valuable feature in central Austin. Recent upgrades include updated kitchens and bathrooms, tile and granite finishes, luxury vinyl plank flooring, and a freshly painted exterior. All units are in excellent condition and have been thoughtfully maintained. Unit A: 2-bedroom, 1-bath unit featuring a spacious side yard, leased at $1,500/month plus utilities. Lease expires March 1, 2027. Unit B: 3-bedroom, 2-bath residence with a large private backyard, currently leased at $2,095/month plus utilities. Lease expires August 31, 2026. Unit C: Garage studio apartment with full kitchen, bathroom with shower, and private yard, leased at $1,195/month plus utilities. Lease expires August 31, 2026. Total monthly rents are at $4,790, generating $57,480 in gross annual income. After taxes and insurance, the property nets approximately $46,000 annually, making this an attractive opportunity for investors seeking both cash flow and long-term appreciation. With strong in-place leases, private yards for every unit, and a premier Northwest Hills location, this property offers a rare combination of stability, quality, and upside in one of Austin's most sought-after submarkets. Property is legal duplex. Agent accompanied showings with LOI or offer submittal only.

Location

State TX

County Travis

Interior

Interior Features Breakfast Bar, Granite Counters, No Interior Steps, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Exhaust Fan, Free-Standing Refrigerator

Exterior

Exterior Feature Private Entrance, Private Yard

Fence Back Yard, Wood

Pool None

Community Features None

Utilities Available None

Waterfront Description None

View None

Roof Type Composition

Porch Patio

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Flag Lot

Faces South

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Schools

Elementary Schools Highland Park

Middle Schools Lamar (Austin Isd)

High Schools Mccallum

School District Austin Isd

Others

Pets Allowed Cats OK, Dogs OK

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Listed by Compass RE Texas, LLC

NEARBY SCHOOLS & PROPERTIES

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Shannon Green

+1(512) 655-9855

Agent | License ID: 812855

Agent License ID: 812855

FEATURED AREAS IN AUSTIN

3408 Northland DR Austin, TX 78731

Shannon Green

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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