Austin TX Multi Family for Sale
$700,000
3401 Oak Springs Dr Austin, TX 78721
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1938
- Baths:
- MLS#:
- 7284704
- Subdivision:
- Division A
View additional info
Courtesy: Engel & Volkers Austin
512-328-3939
ADDITIONAL INFORMATION
Invest in the heart of Austin’s coveted East Side with this modern duplex, offering fantastic potential for both long-term rentals or as a lucrative short-term rental (STR). Featuring two spacious units, each with 2 bedrooms and 2 bathrooms, this property offers flexibility and strong rental appeal in one of Austin's most in-demand neighborhoods. Both units have been thoughtfully updated with sleek, modern finishes, including fully renovated bathrooms that will attract discerning tenants. The front unit presents a welcoming, open-concept layout, while the back unit, with its own private entrance, offers a peaceful retreat, perfect for tenants or as a dedicated STR option. Situated on a large lot, the property features a sizable grassy backyard ideal for tenant use and outdoor activities. The front yard is designed with low-maintenance, eco-friendly zeroscaping, adding both curb appeal and practicality. Zoned SF3, the property provides exciting opportunities for future expansion or additional development, making it an even more attractive investment. Located just off Airport Boulevard, the duplex enjoys easy access to East Austin’s vibrant dining, shopping, and nightlife scenes, as well as quick routes to downtown and major roadways. Whether you’re looking to boost rental income or capitalize on the short-term rental market, this property offers endless possibilities in a prime location. Schedule your showing today to explore the full potential of this East Austin gem!
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Austin Real Estate
The median home value in Austin, TX is $577,400. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in Austin, TX is $577,400. Approximately 41.69% of Austin homes are owned, compared to 51.62% rented, while 6.7% are vacant. Austin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Austin real estate agent to arrange a tour today!
Austin, Texas 78721 has a population of 944,658. Austin 78721 is less family-centric than the surrounding county with 35.04% of the households containing married families with children. The county average for households married with children is 36.42%.
The median household income in Austin, Texas 78721 is $78,965. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in Austin 78721 is 33.9 years.
Austin Weather
The average high temperature in July is 95 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 34.9 inches per year, with 0.3 inches of snow per year.