8616 Putnam Drive
Austin, TX 78757
8
Bed
8
Bath
4,078Sqft
0.18Acre(Lot)
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,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
CeilingFansRoof: Composition, Shingle, SeeRemarksAppliances: Disposal, GasWaterHeater, Oven, RefrigeratorLaundry Features: SeeRemarks, WasherHookup, DryerHookup -
Heating & Cooling
Heating: Central
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Building Information
Year Built: 1968Construction Materials: BrickVeneer, Frame, HardiplankTypeStories: 2Private Pool: NoWater front Features: NoneView: None -
Exterior Features
Exterior Features: RainGutters
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Lot Information
Main Square Feet: 0.1848 Lot Size Acres: 0.1848 Lot Description: CornerLot,LevelProperty Information
Subdivision: Wooten Terrace Sec 03 Source Property Type: ResidentialIncome Property SubType: Quadruplex Direction Faces: Southeast Levels: Two Property Age: 58
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Listing Price Information
Listing Price: $995000Cash, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 02411014010000 Tax Lot: 1 Tax Block: G Tax Year: 2024 Annual Tax: $13538.65 Tax Legal Desc: LOT 1 BLK G WOOTEN TERRACE SEC 3
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Virtual Tour
Parking Information
SeeRemarksGarage Information
Pets Allowed: Negotiable
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School Information
Elementary School: Wooten Junior High School: Burnet (Austin ISD) Senior High School: Navarro Early College -
Utility Information
ElectricityAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable -
Location Information
Direction: 8616 Putnam is located just off the southbound U.S.183 frontage road, between Ohlen Drive and Putnam Drive. Conveniently situated minutes from The Domain and The Arboretum, near major employers, retail, and transit corridors. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1500 Villa Nova Drive, Austin, TX, 78757 | $825,000 | 5 | 3 | 2,989 | 2,989 SqFt |
| 8613 Putnam Drive, Austin, TX, 78757 | $900,000 | 8 | 8 | 4,096 | 4,096 SqFt |
| 8611 Putnam Drive, Austin, TX, 78757 | $900,000 | 8 | 8 | 4,096 | 4,096 SqFt |
| 1900 Hearthside Drive, Austin, TX, 78757 | $749,000 | 7 | 8 | 3,960 | 3,960 SqFt |
| 1909 Hearthside Drive, Austin, TX, 78757 | $459,950 | 5 | 3 | 2,686 | 2,686 SqFt |
| 1911 Hearthside Drive #.., Austin, TX, 78757 | $499,900 | 5 | 3 | 1,936 | 1,936 SqFt |
| 8605 Fireside Drive, Austin, TX, 78757 | $299,000 | 8 | 8 | 3,520 | 3,520 SqFt |
| 1013 Romeria Drive, Austin, TX, 78757 | $435,000 | 4 | 2 | 1,260 | 1,260 SqFt |
| 8204 Exmoor Drive, Austin, TX, 78757 | $549,900 | 4 | 4 | 2,160 | 2,160 SqFt |
| 2712 Thrushwood Drive #.., Austin, TX, 78757 | $669,900 | 5 | 4 | 2,094 | 2,094 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/04/2026 @ 20:22
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