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.
Details
| MLS # | 9211247 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 110 |
| Listing Provided By | Compass RE Texas, LLC | Scott Hayes |
Features
| SQ Feet | 4,030 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.20 |
| Water Front | Yes |
| Property View | Park, Greenbelt, Trees, Woods |
Interior
| Interior Features | Ceiling Fan(s), Ceiling-Vaulted, Open Floorplan |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Cooktop, Refrigerator, Stainless Steel Appliance(s) |
| Fireplaces Total | 0 |
| Window Features | Aluminum Frames, Blinds, Double Pane Windows, Vinyl Windows |
| Flooring | Laminate, Tile |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Roof | Composition, Shingle |
| Foundation Details | Slab |
| Lot Features | Greenbelt, Back Yard, City Lot, Cul-De-Sac, Landscaped |
| Patio And Porch Features | None |
| Fencing | Back Yard, Wood |
| Construction Materials | Brick, Concrete, Frame, Masonry – Partial, Wood Siding |
Parking
| Parking Features | Parking Lot, Private |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | SOUTHRIDGE SEC 2 |
| School District | Austin ISD |
| Elementary School | Galindo |
| High School | Travis |
| Listing VS Median (in SOUTHRIDGE SEC 2) | |
Price: $1,450,000 low | high Med: $860,000 sqft: 4,030 low | high Med: 2,425 $ / sqft: $360 low | high Med: $345 On site: 110 low | high Med: 66 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 29, 2026 at 11:34:03 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | SOUTHRIDGE SEC 2 |
| School District | Austin ISD |
| Elementary School | Galindo |
| High School | Travis |
| Listing VS Median (in SOUTHRIDGE SEC 2) | |
Price: $1,450,000 low | high Med: $860,000 sqft: 4,030 low | high Med: 2,425 $ / sqft: $360 low | high Med: $345 On site: 110 low | high Med: 66 | |
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