$1,100,000
3507 Alpine Circle, Austin, TX
3,870
Square feet
0.18
Acres
This well-maintained 4-plex home offers an unparalleled opportunity for investors seeking a reliable income stream, as well as owner-occupiers looking to live in one unit while renting out the others. Backing up to East Bouldin Creek, this property provides a serene backdrop in the heart of 78704, just minutes from downtown and within walking distance to St. Edward's University, as well as the SoCo shopping and entertainment district with its eclectic mix of boutiques, eateries, and live music venues. Currently, units 1, 3, and 4 are leased, generating a total monthly rental income of $5,150. Unit 2 is vacant and ready to show, offering immediate move-in potential or an opportunity to lease and maximize income. When fully leased, this property had a rental income of $6,975 per month. A new roof was installed in April 2024.
Facts & Features
MLS® # | 8122184 |
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Price | $1,100,000 |
Square Footage | 3,870 |
Acres | 0.18 |
Year Built | 1972 |
Type | Residential Income |
Status | Closed |
Community Information
Address | 3507 Alpine Circle |
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Subdivision | Meisha Subd |
City | Austin |
State | TX |
Zip Code | 78704 |
Interior
Stories | 2 |
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School Information
District | Austin ISD |
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Elementary | Galindo |
Middle | Lively |
High | Travis |