2804 West Hill Dr, Austin, TX 78704

QuadPlex in Barton Hills, located in the coveted 78704 zip code—fully occupied and primed for investment. This prime location offers walkable access to dining, retail, and the Barton Creek Greenbelt, with Barton Springs and Zilker Park just a short bike ride away. The building is condo-conversion ready, with all necessary documents prepared and ready to be recorded. Short-term rentals (STRs) are allowed within the complex, as outlined in the condo documents. Three of the units have fenced yards, while all units feature private patios, in-unit washers and dryers, and ample living space. Recent improvements include resurfaced parking, updated flooring, new HVAC systems, modernized lighting, and upgraded fencing. Owner Bills water and gas to each unit.

This quadplex on West Hill Drive in the 78704 zip code represents one of Austin's most strategically positioned investment opportunities, situated in Barton Hills where urban convenience meets outdoor access. Built in 1967, the brick veneer construction demonstrates the enduring quality that characterizes mid-century multifamily development, with recent capital improvements that position it for the next investment cycle. The property spans 0.213 acres and currently operates at full occupancy, generating stable rental income while the ownership retains all documents necessary for condo conversion and recording.

The four units maintain distinct character with private outdoor space, a rarity in Austin's core neighborhoods. Three units feature fenced yards, while all four include private patios and in-unit washers and dryers, reflecting a resident-focused design that extends beyond typical rental efficiency. The owner meters water and gas individually to each unit, establishing a revenue-neutral utility structure that appeals to both current tenants and future condo purchasers.

Recent capital investments demonstrate commitment to long-term asset quality. The parking areas have been resurfaced, flooring updated with tile and vinyl throughout, HVAC systems modernized, lighting upgraded to current standards, and fencing replaced. These improvements reduce deferred maintenance risk and signal to prospective unit buyers that the complex has been thoughtfully maintained.

Location distinguishes this property fundamentally. West Hill Drive places residents within walking distance to the Barton Creek Greenbelt trail system, while Barton Springs and Zilker Park sit within minutes by bike or car. The surrounding neighborhood offers immediate access to established dining and retail without the density of downtown corridors. The property sits within the Austin Independent School District, serving families in schools across south Austin's most desirable boundaries.

The condo conversion documents stand prepared and ready for recording, eliminating the typical timeline friction that hampers multifamily repositioning strategies. Short-term rental authorization within the condo documents provides flexibility for investor-owners seeking enhanced yield during Austin's peak tourism seasons, while the traditional residential lease structure supports owner-occupancy or long-term investor portfolios.

At 395 days on market and priced at $1.27 million, this asset presents the dual advantage of proven cash flow and conversion-ready infrastructure. For investors targeting the 78704 corridor's appreciation trajectory or owner-occupants seeking multifamily stability in one of Austin's most established neighborhoods, this property delivers heritage construction quality with modernized systems and clear pathway to individual ownership.

Zilker is the only neighborhood in Austin where you can complete an entire day - morning run, afternoon swim, evening dinner - without ever sitting in a car. The Butler Trail starts at your doorstep. Barton Springs Pool is a walk across the park. Barton Springs Road has enough restaurants to fill a week. That car-free possibility is not a marketing pitch. People here actually live that way.

The neighborhood sits south of Lady Bird Lake, bounded by MoPac west, Lamar east, Barton Skyway south, and the lake north. Zilker Park, the 351-acre green space, occupies the northeast corner where Barton Creek meets the lake. Downtown is across the Lamar or First Street bridge, five to ten minutes and entirely bikeable. Terry Black's serves competition-grade barbecue. Odd Duck does seasonal small plates. Uchi is widely considered one of the best Japanese restaurants in the country. Juliet Italian Kitchen handles the neighborhood spot role. Loro does Thai-inspired barbecue. Tiki Tatsu-Ya turns a strip mall into an immersive experience. Nido at The Loren brings hotel-level dining to the south end.

Craftsman bungalows from the 1930s anchor many streets with covered porches and mature pecans. Mid-Century Ranch homes fill blocks closer to Barton Skyway. Contemporary builds have replaced many originals, especially near the park and trail. A block might have three bungalows, a Ranch, and two new contemporaries side by side. Prices start around $800,000 for a small bungalow needing work and climb past $3 million for new construction with park proximity. The median hovers around $1.3 million. Lots are modest, typically 5,000 to 8,000 square feet.

Zilker Elementary has a devoted parent community that has invested through fundraising and advocacy, with a strong arts program. Students feed into O. Henry Middle School and Austin High School, located directly on Lady Bird Lake with an unusual campus setting for an urban school. Families who choose Zilker schools value walkability, diversity, and community engagement over the metrics-driven approach of some suburban districts.

A typical weekday starts with a morning run on the Butler Trail, which loops around Lady Bird Lake. Midday might include Barton Springs Pool, the three-acre spring-fed pool that stays 68 degrees year-round. The Barton Creek Greenbelt is accessible from multiple trailheads. The Violet Crown Trail pushes south into the Hill Country. Zilker Park hosts ACL in October and Trail of Lights in December, but the rest of the year it is a neighborhood park: soccer games, picnics, paddleboard launches, and a botanical garden.

Zilker competes with Travis Heights, Bouldin Creek, and Barton Hills. Travis Heights has similar character but sits farther from the park and trail system. Bouldin Creek is quieter with lower prices but lacks direct park adjacency. Barton Hills offers more space but requires driving to dining. Zilker's advantage is the combination of park access, trail access, restaurant walkability, and downtown proximity that no other neighborhood matches simultaneously.

Zilker is for buyers who want a car-optional lifestyle in the center of Austin's best outdoor amenities. It works for active couples, families who want kids growing up at Barton Springs, and anyone who measures quality of life in trail miles and walkable restaurants rather than square footage and garage bays.