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Chad Bisher

chadbisher@simplihom.com +1(615) 351-3522

$ 895,000

Est. payment -/mo

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Active

8616 Putnam DR Austin, TX 78757

4,078 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,078 sqft

Price per Sqft $219

Subdivision Wooten Terrace Sec 03

MLS Listing ID 3877142

HOA Y/N No

Year Built 1968

Annual Tax Amount $13,538

Tax Year 2024

Lot Size 8,049 Sqft

Acres 0.1848

Property Sub-Type Quadruplex

Source actris

Property Description

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, and transit, this property benefits from sustained rental demand and limited small multifamily supply, making it a smart, durable investment in today's Austin market. Especially compelling for owner occupied buyers, the four plex structure allows a resident owner to offset housing expenses with rental income while benefiting from favorable owner occupied multifamily financing. Long term in place tenants provide predictable cash flow and reduced turnover. Capital improvements reflect pride of ownership. 2024 upgrades include private fenced xeriscape courtyards, steel privacy panels with metal gates, security screen doors, rekeyable locks, and a shared rear yard with cedar fencing and mature trees. 2019 renovations include four 14 SEER HVAC systems, energy efficient windows, Hardie board siding, and a repaved parking lot with eight dedicated spaces plus street parking. Unit features include gas ranges and refrigerators, dishwasher hookups, laundry hookups, decorative fireplaces in Units 101 and 104, ceramic tile and vinyl plank flooring, no carpet, and select patio or French doors. Corner lot with mature trees and low maintenance landscaping. Indiv-package, 9007 Quail Valley 6126992.

Location

State TX

County Travis

Area 2

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Ceiling Fan(s), See Remarks

Flooring Linoleum, Tile

Fireplaces Number 2

Fireplaces Type See Remarks

Fireplace Y

Appliance Disposal, Oven, Refrigerator, Water Heater

Exterior

Exterior Feature Gutters Full

Fence Privacy, See Remarks

Community Features See Remarks

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

Waterfront Description None

View None

Roof Type Composition,Shingle,See Remarks

Accessibility None

Porch Patio

Private Pool No

Building

Lot Description Corner Lot, Curbs, Level

Faces Southeast

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick Veneer,Frame,HardiPlank Type

New Construction No

Schools

Elementary Schools Wooten

Middle Schools Burnet (Austin Isd)

High Schools Navarro Early College

School District Austin Isd

Others

Pets Allowed Negotiable

Restrictions None

Acceptable Financing Cash, Conventional, FHA, VA Loan

Tax Rate 1.8092

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Pets Allowed Negotiable

Listed by ListingSpark • Aaron Jistel

Nearby Locations

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Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

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+1(615) 351-3522

chadbisher@simplihom.com