Welcome to this well-maintained and beautifully updated duplex in Southeast Austin, offering both immediate income and long-term upside. Located in Austin’s highly accessible 78744, this property provides a huge lot with a readiness for a third unit and additional cash flow (think two car garage with unit on top ). Teri offers quick access to downtown Austin, major highways, parks, schools, shopping, dining, and Austin-Bergstrom International Airport — making it an ideal location for tenants and owners alike.
Each unit features three spacious bedrooms and one full bath, with thoughtful layouts that include private entrances, personal laundry rooms, and dedicated storage space. Both units have been nicely remodeled and are currently tenant-occupied, providing immediate cash flow. A new HVAC system installed within the last year adds peace of mind and reduces near-term capital expenses.
Situated on a large 0.28-acre lot, the property offers a rare opportunity in this area with potential for additional units or future development (buyer to verify). A street-side privacy gate enhances seclusion and functionality, while the expansive backyard provides flexibility for expansion, outdoor enjoyment, or value-add opportunities.
This property is well-suited for investors, owner-occupants, or multi-generational living, combining strong location, rental demand, and development potential — a compelling opportunity in one of Austin’s growing corridors.
Listed by Jake Gibson
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License #723211
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Direct Effect Real Estate
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(512) 423-8264
Listed by Greg Gibson
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License #443734
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Direct Effect Real Estate
Last updated March 16, 2026
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Source: ACTRIS #2423841
Listing Facts
TypeMulti-family
NeighborhoodFranklin Park
Days on Prevu40
Taxes$8,330.93/year
Size1,830 sqft
Price per sqft$246
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
02/05/2026
Listed by Direct Effect Real Estate
$449,900
Property Details for 2307 Teri RD
Association
Amenities
Community Features: Sidewalks, Street Lights, Underground Utilities
Exterior
Construction
Property Condition: Resale
Roof: Shingle
Window Features: Skylight(s), Vinyl Windows
Year Built: 1974
Construction Materials: Brick, Hardi Plank Type
Features
Direction Faces: NW
Fencing: Full, Gate
Patio And Porch Features: Deck
Measurements
Lot Features: Back Yard, Curbs, Public Maintained Road
Lot Size Acres: 0.28
Lot Size Area: 0
Lot Size Square Feet: 12,236
Financial
Taxes
Parcel Number: 03170201090000
Tax Annual Amount: $8,330.93
Tax Assessed Value: $407,085.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Electric Oven, Refrigerator, Washer/Dryer, Gas Water Heater
Parking Features: Additional Parking, Gravel, Parking Lot
Parking Total: 10
Schools
Elementary School
Elementary School: Rodriguez
Elementary School District: Austin ISD
High School
High School: Travis
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: Mendez
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Fireplace(s)
Laundry Features: Washer Hookup
Other Equipment: Dryer Connections, Washer Hookup
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2307 Teri RD.
What schools are nearby to 2307 Teri RD?
Nearby schools include the Rodriguez Elementary School, Mendez Middle School, and Travis High School.
Does this multi-family home have parking?
Yes, there are 10 parking spaces available for 2307 Teri RD.
What are the annual taxes for 2307 Teri RD?
Annual taxes for this multi-family home are estimated at $8,330.
How does 2307 Teri RD compare to other multi-family homes in Franklin Park?
This multi-family home is listed 13% above the average price for multi-family homes in Franklin Park and has been on the market for 20 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 1,830 sqft.
2307 Teri RD is a -bedroom multi-family home for sale in Austin TX 78744. On Prevu for 40 days at $449,900. This residence features 1,830 square feet of living space, located in Franklin Park. The median listing price for multi-family homes in this area is $349,995. Nearby schools include Rodriguez Elementary School, Mendez Middle School, and Travis High School. Additional amenities include private outdoor space, dishwasher, air conditioning, parking, and swimming pool. Browse more 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.