$1,650,000

About this home

This classic Old Enfield 4-plex offers the perfect blend of charm, convenience, and opportunity. Nestled on a large 11,571 sq. ft. MF-3 zoned lot just steps from the historic Peace Mansion, the property sits in one of Austin’s most desirable neighborhoods with easy access to Downtown Austin, Town Lake, and MoPac, making it simple to get anywhere in the city. Right outside your door are some of Austin’s favorite local spots: Peace Park for morning walks, Jeffrey’s Steakhouse and Josephine House for unforgettable dining, Fresh Plus for neighborhood grocery runs, and Caffè Medici for your daily coffee fix. Within 1.5 miles, you’ll also find Lions Municipal Golf Course, Town Lake, Lake Austin, the new Lake Austin H-E-B, Deep Eddy Pool, and Mozart’s Coffee Roasters, a lineup of Austin icons just minutes away. Plus, you’re steps from bike paths along Shoal Creek and MoPac, offering easy two-wheel access to downtown. This property has a 7+ year track record of strong performance, with consistently over 95% occupancy and steadily growing rents, making it a rock-solid investment in the heart of 78703. Zoned MF-3, the property presents exceptional possibilities: ideal for a developer to build up to 16 units, or for a savvy investor to live in one unit while benefiting from rental income and long term appreciation. The owner is also open to creative partnerships with established builders, particularly those who can fund and execute the construction of multiple new units on the site. Each of the four units offers 2 bedrooms, 1 bathroom, in-unit washer/dryer, a covered carport with storage, and separate water, electric, and gas meters—a rare combination of convenience and independence in this part of town. The foundation has been recently warrantied, with extra piers added for long-term stability and peace of mind.

Description provided by the listing brokerage.

Facts

Property type

Residential Income · Quadruplex

Year built

1950

Lot size

0.27 acres

Living area

3,944 sq ft

Price per sq ft

$418

Annual taxes

$31,187

County

Travis

Neighborhood

Enfield C

School district

Austin ISD

Schools

Clayton · O Henry · Austin

Features

Roof

Aluminum, Asphalt

View

None

Sewer

Public Sewer

Levels

Two

Cooling

Central Air

Fencing

Partial

Heating

Central

Flooring

Carpet, Concrete, Tile, Vinyl

Utilities

Electricity Connected, High Speed Internet, Natural Gas Connected, Propane, Sewer Connected, Underground Utilities, Water Connected

Appliances

Dishwasher, Dryer, Gas Range, Gas Oven, Refrigerator, Washer, Washer/Dryer Stacked, Electric Water Heater

Lot

Back Yard, Near Public Transit, Sprinkler - Automatic, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft)

Pets

Negotiable

Water

Public

Windows

Vinyl Windows

Parking

Carport

Exterior

Gutters Full

Interior

Ceiling Fan(s), Pantry, Stackable W/D Connections, Walk-In Closet(s)

Community

None

Foundation

Pillar/Post/Pier

Waterfront

None

Energy efficiency

None

Accessibility

None

Construction

Concrete, Masonry – All Sides

Patio & porch

Covered

Location