For Sale Multi-Family MLS# ACT9211247

3814 Southway Dr

Austin, TX 78704

$1,450,000

About 3814 Southway Dr

3814 Southway Dr presents a rare opportunity to acquire a fully reimagined fourplex in Austin’s highly sought-after 78704 corridor. Taken down to the studs and rebuilt with durability and modern design in mind, this exceptional multi-family property blends high-end finishes, low-maintenance ownership, and strong income potential in one of Austin’s top rental and short-term rental markets.

Scheduled for completion in June 2025, each of the four units features a spacious 2-bedroom, 1.5-bath layout with interiors designed to appeal to both long-term tenants and short-term rental guests. Major upgrades include a new roof, HVAC systems, plumbing, electrical, insulation, windows, and cabinetry, creating a turnkey investment with minimal maintenance.

Inside, residents and guests will appreciate the modern aesthetic, custom cabinetry, updated kitchens, designer finishes, open-concept living spaces, and contemporary bathrooms designed to compete with newer urban-core construction. The efficient floorplans and premium upgrades position the property well for executive rentals, furnished rentals, traditional leasing, or Airbnb/short-term rental strategies, subject to buyer verification and permitting requirements.

Located minutes from South Lamar, Downtown Austin, Barton Springs, and Zilker Park, the property offers an unbeatable location with strong tenant demand and appreciation potential. Its proximity to major employers, entertainment districts, and Austin’s cultural core makes it especially attractive for professionals, creatives, traveling nurses, tech workers, and visitors seeking an authentic Austin experience.

Whether you are a seasoned investor seeking a stabilized luxury multi-family asset or an owner-operator interested in maximizing rental income potential, 3814 Southway Dr represents a compelling opportunity to own a virtually new-construction fourplex in one of Austin’s neighborhoods.

Offered at $1,450,000. Completion anticipated June 2025.

Property details

Property

Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1971
Stories
Two
Living area
4,030 sqft
Price / sqft
$360
Lot
0.2 AC / 8,712 SF
Original price
$1,450,000
MLS #
9211247

Interior

Features
Ceiling Fan(s), Ceiling-Vaulted, Open Floorplan
Appliances
Cooktop, Refrigerator, Stainless Steel Appliance(s)
Flooring
Laminate, Tile
Heating
Central
Cooling
Central Air
Laundry
In Unit
Windows
Aluminum Frames, Blinds, Double Pane Windows, Vinyl Windows

Exterior & lot

Features
Private Yard
Roof
Composition, Shingle
Foundation
Slab
Lot
Greenbelt, Back Yard, City Lot, Cul-De-Sac, Landscaped
Fence
Back Yard, Wood
View
Park/Greenbelt, Trees/Woods
Parking
Parking Lot, Private

Schools

District
Austin ISD
Elementary
Galindo
Middle
Lively
High
Travis

Utilities

Utilities
Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$17,403
Tax year
2023
Parcel
04070701070000
Legal
LOT 6A RESUB OF LOT 5-6 BLK C SOUTHRIDGE SEC 2
Special conditions
Standard

Location

Subdivision
SOUTHRIDGE SEC 2
County
Travis
Directions
From Ben White West, turn right onto Banister Lane, left onto Southridge Drive, Right onto Southway Drive, property is at the turn by the cul-de-sac.

Location

Neighborhood
SOUTHRIDGE SEC 2

Ask about this property

Questions on 3814 Southway Dr, or want to see it in person?

Listed by Scott Hayes, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.