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4414 Diane Dr

Austin, TX 78745
  • $999,990
  • STATUS: Active
  • ID#: 5085718
UPDATED: 110 min ago
$999,990
  • 5
    BEDS
  • 0.28
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,086
    SQFT
  • $324
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1949
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Jeffrey Schnabel of Compass RE Texas, LLC: 512-913-7480.

Description

Ever consider owning both your own home + 3 rental properties that can help you pay your mortgage? This beautiful property has 4 separate living spaces, a main home & 3 apartments. The apartments are currently rented on 2-year leases promising long-term income, & the main home is ready for an owner-occupant, or a new tenant. An owner-occupant in the main home can either continue the long-term leases in the 3 apartments or convert them to short-term rentals when those existing leases expire. Additional income comes from the rear fenced 30 feet of the lot, rented on a long-term lease to a landscape contractor. With the main home, 3 apartments, & the rear fenced area leased up, gross rent is ~$82,500 + 2 storage units that could generate additional income. This is an excellent location in 78745 just south of 290 in a high-demand, highly appreciating area of south Austin just 3/4 mile to St. David's south, just off Ben White in Ford Place, & conveniently located near grocery stores, restaurants, bars, coffee shops, you name it! Everything has been updated - the main home in 2019 with a new large utility room in 2021, Unit 2B built in 2015, Unit 2A built in 2017, 1B build out & remodeled in 2020 + a new interior slab. All lighting is LED. Roof is a 30-year asphalt shingle, & the new roofing was completed per the above timeline. There is even a common laundry facility for Units 1B, 2A & 2B. All appliances convey. The additional 304 SF storage building that is split into a 124 SF workshop, and 80 SF of storage space. Rent out either of these 2 spaces for additional income, or use them for personal use. The backyard compound is enjoyed by all the residents. The main home even boasts a large outdoor patio space. There are 2 apple trees in the rear, one in front, + a pecan tree on the south side tenant's entrance. This property is a must-see & an amazing investment opportunity for those looking to invest in real estate, be they owner-occupants or pure investors.

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-18T16:01:38.29.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-06-18T16:01:38.29 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.hoydenhomes.com/homes/150650574
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4414 Diane Dr Austin, TX 78745

  • Price: $999,990
  • Status: Active
  • On Site: Days
  • Updated: 110 min ago
  • ID#: 5085718
5
Beds
2
Baths
0
½ Baths
0.28
Acres
3,086
SQFT
$324
$/SQFT
1949
Built
Neighborhood:
Ford Place
County:
Travis
Area:
Austin
Elementary School:
Joslin
Middle School:
Covington
High School:
Crockett
School District:
Austin ISD
Property Description
Ever consider owning both your own home + 3 rental properties that can help you pay your mortgage? This beautiful property has 4 separate living spaces, a main home & 3 apartments. The apartments are currently rented on 2-year leases promising long-term income, & the main home is ready for an owner-occupant, or a new tenant. An owner-occupant in the main home can either continue the long-term leases in the 3 apartments or convert them to short-term rentals when those existing leases expire. Additional income comes from the rear fenced 30 feet of the lot, rented on a long-term lease to a landscape contractor. With the main home, 3 apartments, & the rear fenced area leased up, gross rent is ~$82,500 + 2 storage units that could generate additional income. This is an excellent location in 78745 just south of 290 in a high-demand, highly appreciating area of south Austin just 3/4 mile to St. David's south, just off Ben White in Ford Place, & conveniently located near grocery stores, restaurants, bars, coffee shops, you name it! Everything has been updated - the main home in 2019 with a new large utility room in 2021, Unit 2B built in 2015, Unit 2A built in 2017, 1B build out & remodeled in 2020 + a new interior slab. All lighting is LED. Roof is a 30-year asphalt shingle, & the new roofing was completed per the above timeline. There is even a common laundry facility for Units 1B, 2A & 2B. All appliances convey. The additional 304 SF storage building that is split into a 124 SF workshop, and 80 SF of storage space. Rent out either of these 2 spaces for additional income, or use them for personal use. The backyard compound is enjoyed by all the residents. The main home even boasts a large outdoor patio space. There are 2 apple trees in the rear, one in front, + a pecan tree on the south side tenant's entrance. This property is a must-see & an amazing investment opportunity for those looking to invest in real estate, be they owner-occupants or pure investors.
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces East Exterior Features Exterior StepsLightingPrivate EntranceRV Hookup Fencing Chain LinkFullWood Foundation Details CombinationPillar/Post/PierSlab Garage YN No Levels Multi/Split Lot Features Back YardFew TreesFront YardTrees-Large (Over 40 Ft)Trees-Medium (20 Ft - 40 Ft)Trees-Small (Under 20 Ft) Lot Size Dimensions ~ 80' X 150' Other Structures StorageSee Remarks Parking Features Driveway Patio And Porch Features Front PorchPatioPorchSee Remarks Roof Composition View None Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherDisposalExhaust FanGas RangeInstant Hot WaterMicrowaveGas OvenPlumbed For Ice MakerRefrigeratorSee RemarksStainless Steel Appliance(s)Washer/DryerWasher/Dryer StackedWater Heater-ElectricWater Heater-GasTankless Water Heater Cooling Central AirElectric Fireplace Features None Fireplaces Total 0 Flooring ConcreteLaminateWood Heating CentralNatural Gas Interior Features BidetBuilt-in FeaturesCeiling Fan(s)Granite CountersElectric Dryer HookupEat-in KitchenHigh Speed InternetIn-Law FloorplanKitchen IslandMultiple Dining AreasMultiple Living AreasPrimary Bedroom on MainRecessed LightingStackable W/D ConnectionsStorageTrack LightingWasher Hookup Laundry Location Common AreaLaundry RoomMultiple LocationsOutsideSee Remarks Main Level Bedrooms 3 Num Dining 2 Num Living 2 Num Other Level Beds 2 Rooms Bedroom (Main Level Recessed Lighting) Primary Bathroom (Main Level BidetGranCntDual VanityFull BathRecessed LightingWalk-in Shower) Primary Bedroom (Main Level BookcasesRecessed Lighting) Family Room (Main Level Recessed Lighting) Bathroom (Main Level BidetGranCntFull BathRecessed Lighting) Bedroom (Main Level Recessed Lighting) Kitchen (Main Level Center IslandGranCntEat In KitchenOpen to Family RoomPlumbed for IcemakerRecessed Lighting) Living Room (Main Level Rec Window Features Bay Window(s)BlindsDouble Pane WindowsENERGY STAR Qualified WindowsScreensVinyl Windows

Property Features

Accessibility Features None Additional Parcels YN No Association YN No Community Features CurbsGoogle FiberHigh Speed InternetLaundry Facility(s)ParkSidewalksStorageStreet Lights Estimated Taxes 19829 Fema Flood Plain No Horse YN No Listing Terms CashCommitted MoneyConventionalFHAFMHA (Fannie Mae)Texas VetVA Loan New Construction YN No Pool Features None Pool Private YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Sewer Public Sewer Spa Features None Special Listing Conditions Standard Tax Annual Amount 19829 Unit Style 1st Floor Entry Utilities Above GroundCable AvailableElectricity ConnectedInternet-CableInternet-FiberNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-18T16:01:38.29.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-06-18T16:01:38.29 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Hoyden Homes
16514 Lounsbury Pl
Austin TX, 78717
Property listed by Jeffrey Schnabel of Compass RE Texas, LLC: 512-913-7480.