3814 Southway Dr
Austin, TX, 78704 $ 1,450,000
Baths0.0 Sq 4,030 Monthly Estimate*
$ 8,928
Studio for $1,450,000. This 4,030 square foot home was built in 1971 on a lot size of 0.2.
3814 Southway Dr presents a rare opportunity to acquire a fully reimagined fourplex in Austin’s highly sought-after 78704 corridor. Taken down to the studs and rebuilt with durability and modern design in mind, this exceptional multi-family property blends high-end finishes, low-maintenance ownership, and strong income potential in one of Austin’s top rental and short-term rental markets. Scheduled for completion in June 2025, each of the four units features a spacious 2-bedroom, 1.5-bath layout with interiors designed to appeal to both long-term tenants and short-term rental guests. Major upgrades include a new roof, HVAC systems, plumbing, electrical, insulation, windows, and cabinetry, creating a turnkey investment with minimal maintenance. Inside, residents and guests will appreciate the modern aesthetic, custom cabinetry, updated kitchens, designer finishes, open-concept living spaces, and contemporary bathrooms designed to compete with newer urban-core construction. The efficient floorplans and premium upgrades position the property well for executive rentals, furnished rentals, traditional leasing, or Airbnb/short-term rental strategies, subject to buyer verification and permitting requirements. Located minutes from South Lamar, Downtown Austin, Barton Springs, and Zilker Park, the property offers an unbeatable location with strong tenant demand and appreciation potential. Its proximity to major employers, entertainment districts, and Austin’s cultural core makes it especially attractive for professionals, creatives, traveling nurses, tech workers, and visitors seeking an authentic Austin experience. Whether you are a seasoned investor seeking a stabilized luxury multi-family asset or an owner-operator interested in maximizing rental income potential, 3814 Southway Dr represents a compelling opportunity to own a virtually new-construction fourplex in one of Austin’s neighborhoods. Offered at $1,450,000. Completion anticipated June 2025.
See more
FeaturesGeneralLiving Area 4030
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected High Speed Internet Natural Gas Connected Phone Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Cooktop Refrigerator Stainless Steel Appliance(s)
Garage Spaces 0
Patio/Porch Features None
Construction Materials Brick Concrete Frame Masonry – Partial Wood Siding
Pets Allowed Cats OK Dogs OK
Year Built 1971
View Park/Greenbelt Trees/Woods
Levels Two
Property Subtype Quadruplex
Tax Year 2023
Waterfront Features None
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential Income
HOA N
Energy Efficient None
Subdivision Name SOUTHRIDGE SEC 2
Facing Direction Southwest
Green Sustainability None
Other Structures None
Status Active
Directions From Ben White West turn right onto Banister Lane left onto Southridge Drive Right onto Southway Drive property is at the turn by the cul-de-sac.
High School Travis
City Austin
Disclosures See Remarks
MLS Area 6
Lot Size Square Feet 8712
Elementary School Galindo
Middle/Junior High School Lively
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 881182
See more
InteriorInterior Amenities Ceiling Fan(s) Ceiling-Vaulted Open Floorplan
Flooring Laminate Tile
Total Fireplaces 0
Window Features Aluminum Frames Blinds Double Pane Windows Vinyl Windows
Total Bedrooms 0
Total Baths 0
See more
ExteriorExterior Amenities Private Yard
Fencing Back Yard Wood
Parking Features Parking Lot Private
Lot Features Greenbelt Back Yard City Lot Cul-De-Sac Landscaped
Water Source Public
Total Parking 10
Foundation Details Slab
Lot Size Acres 0.2
Waterfront Y/N N
Covered Spaces 0
Other Equipment No W/D Connections
Horse Y/N N
See more
* Excluded FeaturesList ByCompass Re Texas, LlcBroker
scotthayes@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,928
- Monthly Property Taxes
- $1,450
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Austin, TX
Average List Price $766,895
Percent of Sale Price 47%
About Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360421 Elementary School
4360250 Middle School
Travis High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/11/2026 | $1,450,000 | | Listed Price |