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413 Thelma DRAustin, TX 78745

For Sale

$375,000

Smart Buyer Rebate $3,750

Turnkey South Austin income-producing duplex with a proven rental track record! Each side-by-side unit features 2 bedrooms, 2 full baths, a spacious living area with a fireplace, and modern finishes like luxury vinyl plank flooring. Situated on a large 0.259-acre lot, the property boasts a spacious backyard, a highly sought-after amenity for tenants. With units currently rented out for $3,000/month total (both combined), this property offers strong cash flow potential. Its prime location offers tenants unbeatable convenience, with Southpark Meadows, Westgate Shopping Center (Central Market), HEB and Sunset Valley just minutes away. Plus, it provides a straightforward commute to downtown and quick access to major highways like I-35, Mopac, and Hwy 290/71. The adjacent duplex at 411 Thelma is also for sale, and both properties can be purchased together for $749,000. This provides a unique opportunity to acquire four rental units side-by-side for simplified management and greater long-term value. Don't miss this rare investment opportunity!

Listed by Wendy Papasan

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License #593308

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Keller Williams Realty

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(512) 330-1004

Listed by Warren McEnulty

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License #686390

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Keller Williams Realty

Last updated April 23, 2026

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Source: ACTRIS #2374311

Listing Facts

  • TypeMulti-family
  • NeighborhoodDittmar - Slaughter
  • Days on Prevu38
  • Size1,900 sqft
  • Price per sqft$197

Amenities

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

Location

Mortgage Calculator

Listing History

04/23/2026
Price Decreased
$375,000
03/24/2026
Listed by Keller Williams Realty
$389,000

Property Details for 413 Thelma DR

Association

Amenities

  • Pets Allowed: Dogs OK

Exterior

Construction

  • Property Condition: Resale
  • Roof: Shingle
  • Window Features: See Remarks
  • Year Built: 1981
  • Construction Materials: Masonry – Partial
  • Exterior Features: Private Yard

Features

  • Direction Faces: NE
  • Fencing: Privacy, Wood
  • Patio And Porch Features: Patio

Measurements

  • Lot Size Acres: 0.25
  • Lot Size Area: 0
  • Lot Size Square Feet: 11,282

Financial

Taxes

  • Parcel Number: 04211102240000
  • Tax Assessed Value: $449,749.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Fireplace Features: Family Room
  • Fireplaces Total: 2
  • Flooring: Carpet, Vinyl
  • Interior Features: Ceiling Fan(s), Primary Bedroom On Main, Recessed Lighting

Measurements

  • Living Area: 1,900
  • Living Area Source: Public Records

Other

Location

  • Subdivision Name: Buckingham Estates Sec 03
  • Tax Lot: 12

Parking

Parking

  • Parking Features: Carport
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Pleasant Hill
  • Elementary School District: Austin ISD

High School

  • High School: Crockett
  • High School District: Austin ISD

Middle or Junior School

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

Utilities

Equipment

  • Cooling: 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 413 Thelma DR.

What schools are nearby to 413 Thelma DR?

Nearby schools include the Pleasant Hill Elementary School, Covington Middle School, and Crockett High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 413 Thelma DR.

How does 413 Thelma DR compare to other multi-family homes in Dittmar - Slaughter?

This multi-family home is listed 28% below the average price for multi-family homes in Dittmar - Slaughter and has been on the market for 7 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 1,900 sqft.

413 Thelma DR is a -bedroom multi-family home for sale in Austin TX 78745. On Prevu for 38 days at $375,000. This includes a recent price decrease of $14,000. This home features 1,900 square feet of living space, located in Dittmar - Slaughter. The median listing price for multi-family homes in this area is $464,900. Nearby schools include Pleasant Hill Elementary School, Covington Middle School, and Crockett High School. Property amenities include private outdoor space, dishwasher, pets allowed, 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.

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.