Positioned in Austin’s iconic 78704, this income-producing duplex pairs prime location w/ meaningful upgrades which incudes new HVAC systems installed in 2024 and 2021 respectively, giving you immediate capital improvement & long-term efficiency. Sitting on an expansive .256-acre lot in Cinnamon Ridge w/ no HOA , separate electric & gas meters & slab foundation , the infrastructure supports streamlined management & future value-add potential. Each side offers a functional layout w/ primary bedroom on main, breakfast bar, tile & wood flooring, private entrance & private yard —ideal for optimizing rental income, house-hacking or repositioning over time. Zoned to Zilker Elementary, O. Henry Middle & Austin High , the location further strengthens long-term desirability. Just minutes from South Lamar hotspots like Uchi, Loro, Odd Duck, Matt’s El Rancho, Easy Tiger, The Broken Spoke, Gibson Street Bar, Black Sheep Lodge & Radio Coffee & Beer, plus quick access to Barton Springs, Zilker Park & downtown, you’re surrounded by the restaurants, live music venues, coffee shops & nightlife that define the 78704 lifestyle. With generous land square footage & unmatched proximity to Austin’s cultural core, this property invites you to expand, enhance or simply hold as a strategic asset where location, income potential & recent mechanical upgrades align.
Listed by Nikki Pitt
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License #756486
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Spyglass Realty
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(512) 810-3725
Last updated March 15, 2026
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Source: ACTRIS #3711260
Listing Facts
TypeMulti-family
NeighborhoodSouth Lamar
Days on Prevu11
Taxes$12,174.9/year
Size1,560 sqft
Price per sqft$426
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
03/05/2026
Listed by Spyglass Realty
$665,000
Property Details for 1403 Waterloo TRL
Exterior
Construction
Property Condition: Resale
Roof: Composition
Window Features: Blinds
Year Built: 1982
Construction Materials: Masonry – Partial
Exterior Features: Private Entrance, Private Yard
Features
Direction Faces: East
Fencing: Wood
Patio And Porch Features: Patio
Measurements
Lot Features: Front Yard, Interior Lot
Lot Size Acres: 0.25
Lot Size Area: 0
Lot Size Square Feet: 11,151
Financial
Taxes
Parcel Number: 04030707450000
Tax Annual Amount: $12,174.90
Tax Assessed Value: $594,820.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Microwave, Free-Standing Gas Oven, Refrigerator
Flooring: Tile, Wood
Interior Features: Breakfast Bar, Ceiling Fan(s), Primary Bedroom On Main
Measurements
Living Area: 1,560
Living Area Source: Owner
Other
Features
Accessibility Features: Accessible Closets
Location
Subdivision Name: Cinnamon Ridge
Tax Block: B
Tax Lot: 11
Parking
Parking
Parking Features: Carport
Parking Total: 2
Schools
Elementary School
Elementary School: Zilker
Elementary School District: Austin ISD
High School
High School: Austin
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: O Henry
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Above Ground
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1403 Waterloo TRL.
What schools are nearby to 1403 Waterloo TRL?
Nearby schools include the Zilker Elementary School, O Henry Middle School, and Austin High School.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1403 Waterloo TRL.
What are the annual taxes for 1403 Waterloo TRL?
Annual taxes for this multi-family home are estimated at $12,174.
How does 1403 Waterloo TRL compare to other multi-family homes in South Lamar?
This multi-family home is listed 20% below the average price for multi-family homes in South Lamar and has been on the market for 48 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,560 sqft.
1403 Waterloo TRL is a -bedroom multi-family home for sale in Austin TX 78704. On Prevu for 11 days at $665,000. This property features 1,560 square feet of living space, located in South Lamar. The median listing price for multi-family homes in this area is $735,000. Nearby schools include Zilker Elementary School, O Henry Middle School, and Austin High School. Property amenities include private outdoor space, dishwasher, air conditioning, parking, and swimming pool. View other multi-family home listings in Austin.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.