4414 Dianne Dr
Austin, TX 78745
- – beds
- – baths
- 3,086 sqft
- 12,022 sqft lot
- $324 per sqft
- 1949 build
- – on site
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.
Last checked:
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Last updated Sep 13, 2024
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MLS# 4427523 —
The Building
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Year Built:1949
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New Construction:false
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Levels:Multi/Split
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Foundation:Combination
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Roof:Composition
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Exterior Features:Exterior Steps
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Window Features:Bay Window(s)
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Patio And Porch Features:Front Porch
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Accessibility Features:None
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Direction Faces:East
Interior
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Interior Features:Bidet
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Room Type:Primary Bedroom
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Flooring:Concrete
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Fireplace:None
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Laundry Location:Common Area
Room Dimensions
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Living Area:3086
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Living Area Source:Multiple Dwelling
Location
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Directions:From IH35 driving west on HWY 71/290 exit to Menchaca, turn left on Menchaca 1 block south of Ben White, turn left on Redd, continue to Diane Dr. Turn left, last house on left.
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Latitude:30.225907
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Longitude:-97.784237
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Property Condition:Updated/Remodeled
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Parcel Number:4414DianeQuadPlex
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Lot Features:Back Yard
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Lot Size Acres:0.276
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Lot Size Area:0 Sqft
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Lot Size SqFt:12022.56
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Lot Dimensions:~ 80' X 150'
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SqFt Total:2241
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View:None
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Fencing:Chain Link
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Other Structures:Storage
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 913-7480
- Office phone:
- (512) 575-3644
Taxes
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Tax Annual Amount:20635
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Tenant
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Above Ground
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Joslin
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Elementary School District:Austin ISD
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Middle Or Junior School:Covington
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Middle Or Junior School District:Austin ISD
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High School:Crockett
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High School District:Austin ISD
The Community
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Subdivision Name:Ford Place
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Community Features:Curbs
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Pool Features:None
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Pets Allowed:Negotiable
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Association:false
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Special Assessment:No
Parking
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Parking Features:Driveway
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Garage:false
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/18/24
May 18, 2024
|
Listed / Active | ABOR | $999,990 |
