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3814 Southway Drive

Austin, TX 78704

$1,450,000 $6,113/Mo

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Overview

Bed

Bath

4,030

Sqft

0.20

Acre(Lot)

Description

3814 Southway Dr presents a rare opportunity to acquire a fully reimagined fourplex in Austin’s highly sought-after 78704 corridor. Taken down to the studs and rebuilt with durability and modern design in mind, this exceptional multi-family property blends high-end finishes, low-maintenance ownership, and strong income potential in one of Austin’s top rental and short-term rental markets. Scheduled for completion in June 2025, each of the four units features a spacious 2-bedroom, 1.5-bath layout with interiors designed to appeal to both long-term tenants and short-term rental guests. Major upgrades include a new roof, HVAC systems, plumbing, electrical, insulation, windows, and cabinetry, creating a turnkey investment with minimal maintenance. Inside, residents and guests will appreciate the modern aesthetic, custom cabinetry, updated kitchens, designer finishes, open-concept living spaces, and contemporary bathrooms designed to compete with newer urban-core construction. The efficient floorplans and premium upgrades position the property well for executive rentals, furnished rentals, traditional leasing, or Airbnb/short-term rental strategies, subject to buyer verification and permitting requirements. Located minutes from South Lamar, Downtown Austin, Barton Springs, and Zilker Park, the property offers an unbeatable location with strong tenant demand and appreciation potential. Its proximity to major employers, entertainment districts, and Austin’s cultural core makes it especially attractive for professionals, creatives, traveling nurses, tech workers, and visitors seeking an authentic Austin experience. Whether you are a seasoned investor seeking a stabilized luxury multi-family asset or an owner-operator interested in maximizing rental income potential, 3814 Southway Dr represents a compelling opportunity to own a virtually new-construction fourplex in one of Austin’s neighborhoods. Offered at $1,450,000. Completion anticipated June 2025.

Property Details

Property Type : ResidentialIncome

Price : $1,450,000

AD Id : 78318499

MLS Id : 9211247

Beds : 8

Lot Size : 0.20 Acre

Living Area Size : 4,030

Year Built : 1971

County : Travis

Subdivision: Southridge Sec 2

Map

What's Nearby

Nearby Areas

Features

Interior Features

CeilingFans, OpenFloorplan, VaultedCeilings

Roof: Composition, Shingle

Appliances: Cooktop, Refrigerator, StainlessSteelAppliances

Laundry Features: InUnit, SeeRemarks
Heating & Cooling

Heating: Central Has Cooling: Yes

Building Information

Year Built: 1971

Construction Materials: Brick, Frame, Masonry, Concrete, WoodSiding

Stories: 2

Private Pool: No

Water front Features: None

View: ParkGreenbelt, TreesWoods
Exterior Features

Exterior Features: PrivateYard

Lot Information

Main Square Feet: 0.2 Lot Size Acres: 0.2 Lot Description: BackYard,CulDeSac,CityLot,BacksToGreenbeltPark,Landscaped

Property Information

Subdivision: SOUTHRIDGE SEC 2 Source Property Type: ResidentialIncome Property SubType: Quadruplex Direction Faces: Southwest Levels: Two Property Age: 55

Listing Price Information

Listing Price: $1450000

Cash, Conventional, FHA, VaLoan

Tax Information

Parcel Number: 04070701070000 Tax Lot: 5-6 Tax Block: C Tax Year: 2023 Tax Legal Desc: LOT 6A RESUB OF LOT 5-6 BLK C SOUTHRIDGE SEC 2

Virtual Tour

Virtual Tour (External Link)

Parking Information

ParkingLot, Private

Garage Information

Pets Allowed: CatsOk, DogsOk

School Information

Elementary School: Galindo Junior High School: Lively Senior High School: Travis
Utility Information

CableAvailable, ElectricityConnected, FiberOpticAvailable, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
Location Information

Direction: From Ben White West, turn right onto Banister Lane, left onto Southridge Drive, Right onto Southway Drive, property is at the turn by the cul-de-sac. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1605 Chelsea Lane #1 2, Austin, TX, 78704	$3,250,000	7	7	4,400	4,400 SqFt
1200 Fairmount Avenue, Austin, TX, 78704	$789,900	6	4	2,416	2,416 SqFt
3454 Willowrun Drive, Austin, TX, 78704	$599,000	4	4	2,352	2,352 SqFt
604 Fletcher, Austin, TX, 78704	$1,999,050	4	4	2,400	2,400 SqFt
3507 Alpine Circle, Austin, TX, 78704	$839,900	8	8	3,870	3,870 SqFt
2611 Oak Crest Avenue #.., Austin, TX, 78704	$2,250,000	6	6	3,637	3,637 SqFt
1501 Cinnamon Path #A B, Austin, TX, 78704	$795,000	4	4	2,128	2,128 SqFt
2505 Trailside, Austin, TX, 78704	$1,200,000	--	--	2,154	2,154 SqFt
1804 Cinnamon Path, Austin, TX, 78704	$799,900	4	4	2,314	2,314 SqFt
1210 Southport Drive, Austin, TX, 78704	$849,000	8	8	3,928	3,928 SqFt

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ByOwner last updated this listing 06/10/2026 @ 11:09

MLS: 9211247 LISTED BY: Scott Hayes, Compass RE Texas, LLC 512-575-3644 SOURCE: ACTRIS