Rare opportunity to acquire an income-producing duplex with an assumable FHA loan at 4.875%—well below current market rates. Current rents total $3,600/month, offering strong income potential for investors or owner-occupants looking to offset housing costs. Major system upgrades already completed, including full plumbing replacement (PVC) and a newer roof, significantly reducing future capital expenses. This property is best evaluated based on its favorable financing and long-term hold potential rather than traditional price-per-foot comparisons. Ideal for buyers focused on monthly payment, stability, and income.
Active
Price increase: $20K (8/10)
$585,000
4306 Shallowbrook Trl, Austin, TX 78744
4beds
2baths
1,711sqft
Duplex
Built in 1968
-- sqft lot
$-- Zestimate®
$342/sqft
$-- HOA
What's special
Newer roof
- 161 days
- 158
- 12
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#: 3246695
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Primary Bedroom, Bedroom, Bathroom, Kitchen, Laundry
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Microwave, Plumbed For Ice Maker, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
Features
- Breakfast Bar, Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Washer Hookup
- Flooring: Tile, Vinyl
- Windows: ENERGY STAR Qualified Windows, Low Emissivity Windows, Vinyl Windows
Interior area
- Total interior livable area: 1,711 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached Carport
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Private Entrance, Private Yard
- Pool features: None
- Fencing: Back Yard, Chain Link, Fenced, Full, Gate, Wood
- View description: None
- Waterfront features: None
Lot
- Size: 0.27 Acres
- Features: Back Yard, Front Yard, Private, Trees-Large (Over 40 Ft), Trees-Moderate
Details
- Additional structures: See Remarks
- Parcel number: 03221602090000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- Resale
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Above Ground, Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Martinshaw Resub
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $445,569
- Annual tax amount: $5,355
- Date on market: 5/18/2026
- Listing terms: Assumable,Cash,Conventional,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,189/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $585,000+3.5%$342/sqft |
Source:  Unlock MLS #3246695 Report a problem | ||
| 5/18/2026 | Listed for sale | $565,000-4.2%$330/sqft |
Source: Unlock MLS #3246695 Report a problem | ||
| 7/29/2022 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 6/28/2022 | Pending sale | $590,000$345/sqft |
Source: Unlock MLS #5540869 Report a problem | ||
| 6/22/2022 | Price change | $590,000-3.3%$345/sqft |
Source: Unlock MLS #5540869 Report a problem | ||
| 6/16/2022 | Listed for sale | $610,000+110.3%$357/sqft |
Source: Unlock MLS #5540869 Report a problem | ||
| 8/20/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 8/6/2021 | Listed for sale | $290,000$169/sqft |
Source: Unlock MLS #7321221 Report a problem | ||
| 8/6/2021 | Listing removed | -- |
Source: Unlock MLS #4618640 Report a problem | ||
| 8/3/2021 | Pending sale | $290,000$169/sqft |
Source: Unlock MLS #4618640 Report a problem | ||
| 7/26/2021 | Listed for sale | $290,000$169/sqft |
Source: Unlock MLS #4618640 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,007 -14.6% | $445,569 -7.9% |
| 2024 | $7,031 -10.3% | $483,871 -11.1% |
| 2023 | $7,840 +53.1% | $544,267 +100.8% |
| 2022 | $5,122 | $271,009 +413.6% |
| 2021 | -- | $52,763 +1% |
| 2020 | $1,070 -2% | $52,258 |
| 2019 | $1,092 -24.7% | $52,258 |
| 2018 | $1,451 | $52,258 -19.4% |
| 2017 | $1,451 -18.3% | $64,867 |
| 2016 | $1,776 | $64,867 -18% |
| 2015 | $1,776 | $79,115 |
| 2014 | $1,776 | $79,115 -0.1% |
| 2013 | -- | $79,160 |
| 2012 | -- | $79,160 |
| 2011 | -- | $79,160 |
| 2010 | -- | $79,160 -10.1% |
| 2009 | -- | $88,009 |
| 2008 | -- | $88,009 |
| 2007 | -- | $88,009 |
| 2006 | -- | $88,009 +14.6% |
| 2005 | -- | $76,771 |
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.Climate risks
Neighborhood: Bluff Springs
Nearby schools
Schools provided by the listing agent
- Elementary: Smith
- Middle: Ojeda
- High: Del Valle
- District: Del Valle 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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