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  • $1,450,000

    3814 Southway Dr, Austin, TX 78704

    8beds
    8baths
    4,030sqft
    : 
    $10,383/mo
    Get pre-qualified
    Quadruplex
    Built in 1971
    -- sqft lot
    $1,341,200 Zestimate®
    $360/sqft
    $-- HOA

    What's special

    Modern aestheticDesigner finishesContemporary bathroomsHigh-end finishesOpen-concept living spacesPremium upgradesEfficient floorplans
    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.
    74 days
    |
    188
    |
    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Hayes (512) 375-8945,

    Compass RE Texas, LLC (512) 575-3644,

    Amy Harper (512) 826-2169,

    Compass RE Texas, LLC

    Source: Unlock MLS,MLS#: 9211247MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Rooms
      • Room types: Primary Bedroom, Kitchen
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Refrigerator, Stainless Steel Appliance(s)
      Features
      • Ceiling Fan(s), Vaulted Ceiling(s), Open Floorplan
      • Flooring: Laminate, Tile
      • Windows: Aluminum Frames, Blinds, Double Pane Windows, Vinyl Windows
      Interior area
      • Total interior livable area: 4,030 sqft

      Property

      Parking
      • Parking features: Parking Lot, Private
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: None
      • Exterior features: Private Yard
      • Fencing: Back Yard, Wood
      • Has view: Yes
      • View description: Park/Greenbelt, Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 8,712 Square Feet
      • Features: Back to Park/Greenbelt, Back Yard, City Lot, Cul-De-Sac, Landscaped
      Details
      • Additional structures: None
      • Parcel number: 04070701070000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Foundation: Slab
      • Roof: Composition, Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Internet-Fiber, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: SOUTHRIDGE SEC 2
      HOA
      • Has HOA: No
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $360/sqft
      • Tax assessed value: $741,734
      • Annual tax amount: $15,179
      • Date on market: 5/11/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $1,341,200

        $1.27M - $1.41M

        $2,028/mo

        Price history

        DateEventPrice
        5/11/2026Listed for sale$1,450,000+61.1%$360/sqft
        Source: Unlock MLS #9211247 Report a problem
        1/12/2024Listing removed--
        Source: Unlock MLS #4291038 Report a problem
        1/4/2024Contingent$900,000$223/sqft
        Source: Unlock MLS #4291038 Report a problem
        12/20/2023Price change$900,000-2.7%$223/sqft
        Source: Unlock MLS #4291038 Report a problem
        12/8/2023Listed for sale$925,000-2.6%$230/sqft
        Source: Unlock MLS #4291038 Report a problem
        12/7/2023Contingent$950,000$236/sqft
        Source: Unlock MLS #4291038 Report a problem
        11/9/2023Listed for sale$950,000$236/sqft
        Source: Unlock MLS #4291038 Report a problem
        5/11/2011Sold--
        Source: Agent Provided Report a problem
        5/13/2010Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,179 -8.8%$741,734 -11.7%
        2024$16,643 +26.8%$839,809 -4.7%
        2023$13,121 $881,182 +0.3%
        2022-- $878,835 +51.3%
        2021-- $580,886 -3.1%
        2020$13,346 +6.2%$599,364 +2.3%
        2019$12,566 +47.2%$585,864 +43.3%
        2018$8,537 $408,744 +6%
        2017$8,537 +33.2%$385,578 +14.1%
        2016$6,409 $338,033 +23.4%
        2015$6,409 $273,881 -1%
        2014$6,409 $276,560 +5.6%
        2013-- $261,910 +53.8%
        2012-- $170,252 -34.6%
        2011-- $260,467 -7%
        2010-- $280,000 -17.5%
        2009-- $339,339 +1.7%
        2008-- $333,642 +88.2%
        2007-- $177,320 +63%
        2006-- $108,810
        2005-- $108,810
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Lamar

        Getting around

        49 / 100
        Car-Dependent
        44 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Galindo
        • Middle: Lively
        • High: Travis
        • District: Austin ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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