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4708 Red River STAustin, TX 78751

For Sale

$560,000

Smart Buyer Rebate $5,600

Investor Opportunity in the Heart of Austin

Located at 4708 Red River St in vibrant Austin, this charming duplex offers an excellent investment opportunity just minutes from downtown and only about 2 miles from the University of Texas at Austin! Built in 1959, the property features two well-maintained 2-bedroom, 1-bath units, both currently tenant-occupied, providing immediate rental income.

- Unit A is leased through May 31, 2026 and includes durable laminate flooring throughout, convenient washer/dryer hookups, and a cozy private patio - perfect for relaxing outdoors.

- Unit B is leased through Dec 31, 2026 and offers stylish finished concrete floors in the main living areas, carpeted bedrooms for comfort, laundry connections, and a large private backyard.

Both with off-street parking. The property’s prime location places residents close to downtown dining, entertainment, and some of the city’s most popular events and festivals, including South by Southwest and Austin City Limits Music Festival. With strong rental demand driven by proximity to the university and central Austin amenities, this duplex presents a fantastic opportunity for investors seeking steady income and long-term appreciation.

Highlights
- Duplex with two 2 bed / 1 bath units
- Both units currently leased (income-producing)
- Washer/dryer connections in each unit
- Large backyard and off-street parking
- Prime Central Austin location near UT and downtown

Whether you’re looking to expand your rental portfolio or secure a property in one of Austin’s most desirable areas, this centrally located duplex checks all the boxes.

Listed by Monte Davis

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License #523767

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Monte Davis Realty Group, Corp

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(512) 686-3418

Last updated March 16, 2026

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Source: ACTRIS #4212706

Listing Facts

  • TypeMulti-family
  • NeighborhoodHyde Park
  • Days on Prevu3
  • Size1,769 sqft
  • Price per sqft$317

Amenities

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

Location

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Listing History

03/14/2026
Listed by Monte Davis Realty Group, Corp
$560,000

Property Details for 4708 Red River ST

Association

Amenities

  • Pets Allowed: Cats OK, Dogs OK, Medium Dogs

Exterior

Construction

  • Property Condition: See Remarks
  • Roof: Composition
  • Window Features: Blinds
  • Year Built: 1959
  • Construction Materials: Frame
  • Exterior Features: Private Yard

Features

  • Direction Faces: East
  • Fencing: Back Yard

Measurements

  • Lot Features: Back Yard
  • Lot Size Acres: 0.17
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,697

Financial

Taxes

  • Parcel Number: 02201012110000
  • Tax Assessed Value: $715,000.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Flooring: Carpet, Concrete, Vinyl
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 1,769
  • Living Area Source: Public Records

Other

Location

  • Subdivision Name: Worley Add Sec 02
  • Tax Lot: 1

Parking

Parking

  • Parking Features: Driveway, Side By Side

Schools

Elementary School

  • Elementary School: Ridgetop
  • Elementary School District: Austin ISD

High School

  • High School: Mc Callum
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Lamar (Austin ISD)
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Heat Pump
  • Other Equipment: Dryer Connections, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet-Fiber, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4708 Red River ST.

What schools are nearby to 4708 Red River ST?

Nearby schools include the Ridgetop Elementary School, Lamar (Austin ISD) Middle School, and Mc Callum High School.

How does 4708 Red River ST compare to other multi-family homes in Hyde Park?

This multi-family home is listed 18% below the average price for multi-family homes in Hyde Park and has been on the market for 56 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 1,769 sqft.

4708 Red River ST is a -bedroom multi-family home for sale in Austin TX 78751. Listed on Prevu for 3 days at $560,000. This property features 1,769 square feet of living space, located in Hyde Park. The median listing price for multi-family homes in this area is $897,000. Nearby schools include Ridgetop Elementary School, Lamar (Austin ISD) Middle School, and Mc Callum High School. Additional amenities include private outdoor space, dishwasher, pets allowed, 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.