2201 mission hill CIR new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78741
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,612 sqft
Price per Sqft $200
Subdivision Mission Hill
MLS Listing ID 9431616
Year Built 1968
Tax Year 2022
Lot Size 0.310 Acres
Property Sub-Type Quadruplex
Property Description
This exceptional 3,612 square-foot four-plex, located on an oversized lot backing to a scenic wet-weather creek, presents a remarkable investment opportunity. Comprising two 2-bedroom, 1.5-bath units, one 1-bedroom, 1.5 baths and 2 living room unit which could easily be converted into a 2-bedroom unit, plus one expansive 1-bedroom, 1.5-bath unit, this property is ideally positioned for both investor stability and tenant satisfaction. Recent updates ensure peace of mind for the next owner, including the complete replacement of cast iron plumbing in 2023, a new flat roof installed in 2022, and updated HVAC units, with Units 2 and 4 receiving new systems within the last 2.5 years. Units 1 and 2 also benefited from HVAC servicing in 2025. Water heaters have been replaced across all units, with new installations in Units 1 and 3 in 2024 and Units 2 and 4 in 2022. All kitchen appliances are less than five years old, with two of the units offering upgraded stone countertops and stainless-steel appliances.
The property is currently generating consistent rental income, with Unit 2 leasing for $1,500 per month, Unit 3 at $1,550, and Unit 4 at $1,350. Unit 1 is vacant, providing an opportunity for immediate income generation. Three of the four units feature washer and dryer connections, while adding a gas stub out in the only laundry room without hook ups would be easy, enhancing tenant appeal.
This four-plex's lush outdoor space includes fruit trees, a blackberry bush, citrus trees, rose bushes, flowing vines, and a garden, offering tenants a tranquil environment rarely found in similar properties. The property's location, with a short drive to Mabel Davis Pool & Park and convenient access to I-35 and HWY 71 make tenant's commute a breeze, further enhances the property's desirability. Notably, the property has demonstrated strong tenant retention, with two-thirds of current tenants choosing to live here due to family connections on the same street.
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Laminate,Vinyl
Exterior
Exterior Feature No Exterior Steps
Fence Wood
Community Features None
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description None
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Linder
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Special Listing Condition Standard
Pets Allowed Breed Restrictions