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3428 Willowrun DRAustin, TX 78704

For Sale

$724,500

Smart Buyer Rebate $7,245

Exceptional, fully-leased, turnkey Fourplex Investment in Prime Austin Location. Seize the opportunity to own a fully remodeled fourplex on a generous 0.19-acre lot, perfectly positioned in one of Austin’s most sought-after zipcodes. This property features two spacious 2-bedroom, 1-bath units (approx. 900 sq. ft. each) and two stylish 1-bedroom, 1-bath units (approx. 700 sq. ft. each). Unlike many of the other fourplexes on this street, this property is single-story and offers parking at the front of the building with direct access to each unit's front door (no steps). Originally built in 1969, the building has been thoughtfully upgraded with contemporary finishes throughout, including polished concrete flooring, designer light fixtures, stainless steel appliances, and modern cabinetry. Nestled on a quiet street in the vibrant heart of Austin’s student district—just steps from St. Edward’s University—this property is perfectly situated for both students and young professionals. Enjoy easy access to I-35, South Congress, and South Lamar, with downtown Austin only 3 miles away. Tenants will love being within walking distance to local favorites like Cosmic Coffee & Beer, Nomadic Beerworks, Plaza Colombian Coffee, Poke Poke, ’04 Lounge, and a variety of gyms and fast-casual dining options. Whether you’re looking to house hack (Fannie Mae finance available with 5% down and interest rates of approx. 6.5% for owner-occupiers) or to expand your multifamily investment portfolio, this property offers outstanding potential for strong cash flow and long-term appreciation. Photos are representative of floorplan, finish and quality.

Listed by Sally Burns

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License #718525

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Muskin Elam Group LLC

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(512) 343-2700

Last updated December 05, 2025

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Source: ACTRIS #4422816

Listing Facts

  • TypeMulti-family
  • NeighborhoodSt. Edwards
  • Days on Prevu57
  • Taxes$15,218/year
  • Size3,244 sqft
  • Price per sqft$223

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

12/05/2025
Price Decreased
$724,500
12/03/2025
Price Decreased
$725,000
10/29/2025
Price Decreased
$749,500
10/15/2025
Listed by Muskin Elam Group LLC
$775,000

Property Details for 3428 Willowrun DR

Association

Amenities

  • Pets Allowed: Negotiable

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Window Features: Aluminum Frames
  • Year Built: 1969
  • Construction Materials: Brick, Hardi Plank Type
  • Exterior Features: Uncovered Courtyard, No Exterior Steps

Features

  • Direction Faces: SE
  • Fencing: Back Yard
  • Patio And Porch Features: Porch

Measurements

  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,102

Financial

Taxes

  • Parcel Number: 04100104300000
  • Tax Annual Amount: $15,218.00
  • Tax Assessed Value: $764,642.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Electric Oven, Refrigerator
  • Flooring: Concrete
  • Interior Features: Ceiling Fan(s), Open Floorplan, Track Lighting

Measurements

  • Living Area: 3,244
  • Living Area Source: Public Records

Other

Location

  • Subdivision Name: Willow Spgs Sec 01
  • Tax Block: A
  • Tax Lot: 10

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Asphalt, Attached, Common, Off Street, Open, Unassigned
  • Parking Total: 8

Schools

Elementary School

  • Elementary School: Galindo
  • Elementary School District: Austin ISD

High School

  • High School: Travis
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Lively
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, 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 3428 Willowrun DR.

What schools are nearby to 3428 Willowrun DR?

Nearby schools include the Galindo Elementary School, Lively Middle School, and Travis High School.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 3428 Willowrun DR.

What are the annual taxes for 3428 Willowrun DR?

Annual taxes for this multi-family home are estimated at $15,218.

How does 3428 Willowrun DR compare to other multi-family homes in St. Edwards?

This multi-family home is listed 17% below the average price for multi-family homes in St. Edwards and has been on the market for 23 more 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 3,244 sqft.

3428 Willowrun DR is a -bedroom multi-family home for sale in Austin TX 78704. Listed on Prevu for 57 days at $724,500. This includes a recent price decrease of $500. This home features 3,244 square feet of living space, located in St. Edwards. The median listing price for multi-family homes in this area is $1,012,000. Nearby schools include Galindo Elementary School, Lively Middle School, and Travis High School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, parking, and swimming pool. Explore 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.

Full MLS Disclaimers

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.