




$1,325,000
614 Highland Ave, Austin, TX, 78703
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About this property
An exceptional investment opportunity in the heart of Clarksville, one of Austin’s most charming and sought-after neighborhoods. This well-positioned fourplex with alley access offers a unique combination of income-producing potential, flexible use, and redevelopment opportunity, making it an attractive option for investors, homestead, or developers. Currently operating as a mix of short-term and long-term rentals, providing immediate income potential while allowing a new owner the flexibility to optimize the existing rental strategy. Clarksville offers a blend of historic charm, mature trees, walkability, dining, shopping, entertainment, parks and just minutes to Downtown.
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Learn About the Market: Opportunity in Austin




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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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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