3408 Northland Dr, Austin, TX 78731
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: courtney oldham
Office: compass re texas, llc.
MLS#:5191613
Source:ACTRIS
3408 Northland Dr,Austin, TX 78731
$795,000
- - Beds
- - Baths
- 2,702 sq. ft.
- Multi-family
- Active
Price summary
- Price:$795,000
- Price per sq. ft.:$294.23
About this home
Exceptional Income-Producing Property in Northwest Hills!!! This well-maintained, income-producing property offers an outstanding central location with easy access to major thoroughfares, employers, shopping, and dining. Recently updated and fully leased, the property provides immediate and stable cash flow with strong rental performance. The property consists of three thoughtfully configured units, each with its own private outdoor space—an increasingly rare and valuable feature in central Austin. Recent upgrades include updated kitchens and bathrooms, tile and granite finishes, luxury vinyl plank flooring, and a freshly painted exterior. All units are in excellent condition and have been thoughtfully maintained. Unit A: 2-bedroom, 1-bath unit featuring a spacious side yard, leased at $1,500/month plus utilities. Lease expires March 1, 2027. Unit B: 3-bedroom, 2-bath residence with a large private backyard, currently leased at $2,095/month plus utilities. Lease expires August 31, 2026. Unit C: Garage studio apartment with full kitchen, bathroom with shower, and private yard, leased at $1,195/month plus utilities. Lease expires August 31, 2026. Total monthly rents are at $4,790, generating $57,480 in gross annual income. After taxes and insurance, the property nets approximately $46,000 annually, making this an attractive opportunity for investors seeking both cash flow and long-term appreciation. With strong in-place leases, private yards for every unit, and a premier Northwest Hills location, this property offers a rare combination of stability, quality, and upside in one of Austin’s most sought-after submarkets. Property is legal duplex. Agent accompanied showings with LOI or offer submittal only.
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Home facts
- Year built:1958
- Listing ID #:5191613
- Updated:February 27, 2026 at 03:49 PM
Rooms and interior
- Flooring:Tile, Vinyl
- Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Free-Standing Refrigerator
- Living area:2,702 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1958
- Building area:2,702 sq. ft.
- Lot Features:Back Yard, Flag Lot
- Construction Materials:Brick
- Exterior Features:Private Entrance, Private Yard
- Foundation Description:Slab
Schools
- High school:McCallum
- Elementary school:Highland Park
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$795,000
- Price per sq. ft.:$294.23
- Tax amount:$11,104 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Exhaust Fan, Free-Standing Refrigerator
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