8616 Putnam Dr, Austin, TX 78757

Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: aaron jistel
Office: listingspark
MLS#:3877142
Source:ACTRIS
8616 Putnam Dr,Austin, TX 78757
$995,000
  • - Beds
  • - Baths
  • 4,078 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$995,000
  • Price per sq. ft.:$243.99

About this home

This is the property buyers wait for, live in it, invest in it, or both, with the kind of location, income, and flexibility that makes sense the moment you see it. WOW! $6,950 per month in current income with exceptionally stable tenancy, featuring residents in place for 12 to 17 years. Beautifully maintained, locally owned four plex professionally managed since 2007, with rents paid electronically via Zelle. The property consists of four walk up, garden style units, each approximately 1,010 sq ft with 2 bedrooms and 1.5 baths. Unit 101 is vacant as of Feb 15, 2026, creating immediate flexibility for owner occupancy, lease up, or repositioning without tenant displacement. Located in a highly desirable central Austin corridor minutes from The Domain, The Arboretum, major employers, retail, and transit, this property benefits from sustained rental demand and limited small multifamily supply, making it a smart, durable investment in today’s Austin market. Especially compelling for owner

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Home facts

  • Year built:1968
  • Listing ID #:3877142
  • Updated:February 25, 2026 at 12:13 AM

Rooms and interior

  • Living area:4,078 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1968
  • Building area:4,078 sq. ft.

Schools

  • High school:Navarro Early College
  • Elementary school:Wooten

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$243.99
  • Tax amount:$13,539 (2024)
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