1706 Palma Pz Plz, Austin, TX 78703

Rare Income-Producing Fourplex in the Heart of Clarksville, Austin Discover this incredible investment opportunity in the highly sought-after Clarksville neighborhood, where modern style meets vintage charm! This income-producing fourplex is perfectly positioned minutes from all the best that Austin has to offer—trendy shops, renowned restaurants, and vibrant entertainment spots are all within easy reach. Each unit features a unique blend of modern updates and classic architectural details that make Clarksville one of the most chic and desirable areas in Austin. Here’s what the property offers: • Unit Breakdown: 1 Bed / 1 Bath (x2) 2 Bed / 1 Bath (x2) • Features: • Spacious Living Areas: Each unit boasts an open and inviting floor plan, ideal for tenants. • Updated Interiors: A mix of contemporary finishes and vintage touches, including hardwood floors, high ceilings, and modern kitchens. • Outdoor Spaces: Tenants can enjoy peaceful, areas perfect for relaxation. • Excellent Walkability: Just minutes from downtown Austin, with easy access to shopping, dining, and entertainment. This rare fourplex provides the perfect balance of stylish living and excellent investment potential. With its unbeatable location in the heart of Clarksville, this property is sure to attract high-quality tenants and deliver strong rental income. Don’t miss out on this chance to own a piece of Austin’s history while generating steady income!

Clarksville is Austin's most walkable luxury neighborhood — a historic freedman's town founded in 1871, now in 78703, five minutes on foot from downtown. Median home price $2.2M. Austin ISD schools (Casis Elementary, O. Henry Middle, Austin High). One of the only Austin neighborhoods where you can walk to fine dining, trails, and downtown without getting in a car.

The housing stock reflects 150 years of history. Original shotgun cottages and bungalows from the early 1900s sit alongside contemporary new builds and sensitive renovations on lots ranging from 0.1 to 0.25 acres. The neighborhood's historic designation (National Register) means you'll see period architecture preserved next to modern infill. Teardown lots trade at $800K-$1.5M for land alone.

West Lynn Street is the commercial spine — Medici coffee, Cipollina wood-fired pizza, Jeffrey's fine dining, Josephine House, and Bar Peached are all within a few blocks. Pease Park and Shoal Creek Trail border the east side. The Whole Foods flagship at 6th and Lamar is a 10-minute walk.

What makes Clarksville distinct: the combination of walkable daily life, historic character, and proximity to downtown that no other Austin neighborhood matches. The tradeoff is small lots, limited parking, and premium pricing for the location. Buyers here are paying for a lifestyle that doesn't require a car.