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4425 Diane Dr, Austin, TX 78745

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For Sale

$950,000

4 beds • 4 baths • 2,194 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $433.00
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Income-Producing South Austin Compound with Redevelopment Potential Discover a rare opportunity in one of South Austin's most vibrant and connected neighborhoods. This income-producing compound on an oversized corner lot generates up to $4,800 per month and is zoned SF-3, falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots - offering the potential for 7 lots (Buyer to verify). Whether you're an investor seeking strong rental income or a developer exploring future possibilities, this property delivers both versatility and value. The front 2-bedroom, 2-bath home offers comfortable living with charm and functionality, while the back building includes two 1-bedroom, 1-bath apartments. The upstairs apartment features a private deck tucked among mature trees, giving it a unique, treehouse-like vibe that tenants love. Enjoy a prime South Austin location where everything you love is just minutes away - walk or bike to El Chilito, Randall's Grocery, and Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin's coolest corridor.
MLS# 7160083

Courtesy Of KWATX Broker LLC

(512) 448-4111

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Patio, Ceiling Fan, Green House
  • Appliances
    Dishwasher, Refrigerator
  • Floor Covering
    Wood, Vinyl, Parquet Wood
  • Lot Size
    0.31 Acres
  • Roof Type
    Metal
  • Rooms
    Laundry Room, Kitchen

Map and Directions

Directions to 4425 Diane Dr, Austin, TX 78745

Home seller CENTURY 21 Judge Fite Company

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CENTURY 21 Judge Fite Company

(469) 621-0081
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.