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 high-demand property features two spacious 2-bedroom, 1-bath units (approx. 900 sq. ft. each) and two stylish 1-bedroom, 1-bath units (approx. 550 sq. ft. each)—ideal for maximizing rental income and attracting a diverse tenant base. 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. Each unit offers a fresh, inviting atmosphere that appeals to today’s discerning renters. 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 or expand your multifamily portfolio, this property offers outstanding potential for strong cash flow and long-term appreciation. Take advantage of Austin’s thriving student housing market and invest in a turnkey asset that combines modern comfort, unbeatable convenience, and enduring neighborhood appeal. Adjacent property also available. Photos are representative of floorplan, finish and quality. May be of adjacent property.
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 September 02, 2025
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Source: ACTRIS #3663804
Listing Facts
TypeMulti-family
NeighborhoodSt. Edwards
Days on Prevu50
Taxes$16,095.9/year
Size3,244 sqft
Price per sqft$254
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/02/2025
Price Decreased
$825,000
07/19/2025
Status changed to Active
$850,000
07/19/2025
Status changed to In Contract
$850,000
07/19/2025
Listed by Muskin Elam Group LLC
$850,000
Property Details for 3430 Willowrun DR
Association
Amenities
Community Features: Laundry Facility(s)
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
Features
Direction Faces: SE
Patio And Porch Features: Patio
Measurements
Lot Features: Interior Lot, Landscaped, Level, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 0.19
Lot Size Area: 0
Lot Size Square Feet: 8,354
Financial
Taxes
Parcel Number: 04100104310000
Tax Annual Amount: $16,095.90
Tax Assessed Value: $768,972.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Electric Cooktop, Oven, Range, Refrigerator
Flooring: Concrete
Interior Features: Breakfast Bar, Ceiling Fan(s), Stone Counters, No Interior Steps, Primary Bedroom On Main
Measurements
Living Area: 3,244
Living Area Source: Public Records
Other
Location
Subdivision Name: Willow Spgs Sec 01
Tax Block: A
Tax Lot: 11
Parking
Parking
Parking Features: Common, Kitchen Level, Off Street, 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 Available
Water Source: Public
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.