$875,000
For Sale

1320 Southport Drive

Austin, TX 78704
3968 sqft | 0.19 acres | #8440797
Browse 23 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Rare opportunity to own a well-maintained, income-producing 4-plex in the heart of Austin’s highly sought-after 78704 zip code! Ideally located near the vibrant scenes of South Lamar, South 1st, and South Congress, this property offers unbeatable access to premier shopping, dining, and entertainment, along with quick connectivity to 290/71, Mopac, and 183. Each of the four units is a 2-bedroom, 1.5-bathroom layout, thoughtfully updated with vinyl plank flooring, refreshed bathrooms, and light kitchen improvements. Major upgrades include a new HVAC system in Unit B (2023), a new water heater in Unit A (2024), and a full kitchen renovation in Unit A featuring quartz countertops and new cabinetry. Units A and B also boast brand new flooring throughout, including upgraded vinyl flooring upstairs. Structural peace of mind comes with recent foundation work (2023–2024) completed by GL Hunt with a transferable warranty. All units offer efficient, open layouts with kitchens flowing into living spaces and private backyard areas perfect for relaxing or entertaining. The exterior received a fresh pressure wash and new paint in May 2025, giving the property strong curb appeal. With general maintenance diligently handled over the years, this turnkey investment offers multiple paths forward—continue earning strong passive income, renovate further to push rents even higher, or explore condo conversion and individual resale. Currently generating $6,000/month in rental income with reliable tenants in place, this is a rare and flexible investment opportunity in a premier Central South Austin location.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Phone Available
      • SubdivisionSouthridge Sec 06
      • Lot DescriptionTrees Small Size
      • InteriorInterior Steps
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Property SubtypeQuadruplex
      • Original List Price$875,000
      • Elementary SchoolGalindo
      • Taxes Annual$15,898
      • MLS #8440797
      • MLS #8440797
      • Acres0.1853
      • Utility SourcePublic
      • Middle SchoolLively
      • High SchoolTravis
      • CountyTravis
      • Cost875000
      • Property ConditionResale
      • Square Feet3968
      • Year Built1982
      • FoundationSlab
      • Fireplaces2
      • Days on Market (Cumulative)1
      • Pets1

Location

The Legacy RealtyReal Estate Group
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