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1320 Southport Dr, 
Austin, TX 78704

$875,000


Bed


Bath


3,968

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jeremy Vandermause

Bramlett Partners

512-850-5717

Last updated:

May 23, 2025, 05:42 PM

MLS#

8440797

Source:

ACTRIS

About This Home

1320 Southport Dr

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.

Home Facts

Multi-Family

Built in 1982

Price Summary

875,000

$220 per Sq. Ft.

MLS #:

8440797

Last Updated:

May 23, 2025, 05:42 PM


Rooms & Interior

Interior

Living Area:

3,968 Sq. Ft.


Structure

Structure

Building Area:

3,968 Sq. Ft.

Year Built:

1982


Finances & Disclosures

Finances

Price:

$875,000

Price per Sq. Ft:

$220 per Sq. Ft.

Source:ACTRIS
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.