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$905,000

NAL Estimated Property Value

3426 Willowrun Dr, Austin, TX, 78704

Off MarketInfo
Baths3,244 Sq Ft
QuadruplexQuadruplex
price_per_sqft$292.85 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
HeatingHeating
CoolingCooling

Exterior

Lot Size7,893 sqft

Building Information

Year Built1969
Stories1
Roof Type105

Land Information

APN04100104290000
Lot Number9
SubdivisionWillow Springs Sec 1
Land UseResidential
Legal DescriptionLOT 9 BLK A WILLOW SPRINGS SEC 1
Census Tract002322
Assessed Land Value$392,863
Assessed Improvement Value$359,483
Assessment Year2025

About this property

Investor's Dream in Downtown Austin! Presenting a fourplex strategically located in the heart of the city, offering a prime investment opportunity. This property features four units. The A and B units consist of comfortable 1-bedroom and 1-bathroom floor plans, perfect for urban professionals or couples looking for convenient living in the heart of the action. On the other hand, the C and D units feature 2 bedrooms and 1 bathroom, catering to those seeking more space while still enjoying a downtown lifestyle. Inside, you'll find contemporary updates throughout, including durable luxury vinyl plank flooring, neutral painted walls, and modern light fixtures. These units are naturally well-lit, providing a welcoming atmosphere that appeals to prospective tenants. The spacious living rooms and cozy dining areas are designed for comfortable urban living. The galley-style kitchens, with ample storage, laminate countertops and stylish brick accents under the breakfast bar, provide practicality and modern appeal. The large bedrooms in each unit offer a comfortable and private escape. What sets this property apart for investors is not just its interior features but also its exceptional location. Situated just 3 miles from downtown Austin, this fourplex benefits from a location that puts tenants at the heart of the city's vibrant culture, entertainment, and dining scene. It's also within blocks of trendy restaurants and nightlife along South Congress. Whether you're a seasoned investor or new to the real estate market, this property provides a fantastic opportunity to capitalize on the growing demand for downtown living in Austin. Don't miss out on this opportunity to grow your real estate portfolio in one of the city's most sought-after neighborhoods.

Investor Tools

Property Icon
$905,000
Estimated Property Value
$775,956Estimated Mortgage Balance
$130,313Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,781/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,845
$752,346
2025
$392,863
$359,483
$752,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,845
$752,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$807,500
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$775,956
$182,044
19%
86%
$4,842/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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