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Listed price in listed location currency (USD).
$795,000

000

MLS® 5191613

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 2702 sqft
Garage No
Taxes $11,104
Days Active 0
Lot Size 0.2833 acres
Approx. Age 1958
Avg. Price Per Sqft $294
MLS® Number 5191613

Property Address: 3408 Northland Dr, Austin, TX, 78731-5047

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number5191613
Laundry LevelMultiple Locations
Central VacNo
FireplaceNo
Acreage0.2833
Exterior
GarageNo
Approx. Age1958
Basement
DrivewayCircular Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 12, 2026List Date
$795,000List Price

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