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$724,500
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Exceptional, turnkey Fourplex Investment in Prime Austin Location. Seize the opportunity to own a fully remodeled fourplex on a generous 0.19-acre lot, perfectly positioned in one of Austin’s most sought-after zipcodes. This property features two spacious 2-bedroom, 1-bath units (approx. 900 sq. ft. each) and two stylish 1-bedroom, 1-bath units (approx. 700 sq. ft. each). Unlike many of the other fourplexes on this street, this property is single-story and offers parking at the front of the building with direct access to each unit's front door (no steps). Originally built in 1969, the building has been thoughtfully upgraded with contemporary finishes throughout, including polished concrete flooring, designer light fixtures, stainless steel appliances, and modern cabinetry. Nestled on a quiet street in the vibrant heart of Austin’s student district—just steps from St. Edward’s University—this property is perfectly situated for both students and young professionals. Enjoy easy access to I-35, South Congress, and South Lamar, with downtown Austin only 3 miles away. Tenants will love being within walking distance to local favorites like Cosmic Coffee & Beer, Nomadic Beerworks, Plaza Colombian Coffee, Poke Poke, ’04 Lounge, and a variety of gyms and fast-casual dining options. Whether you’re looking to house hack (current finance available with 5% down and interest rates of approx. 6.5% for owner-occupiers) or to expand your multifamily investment portfolio, this property offers outstanding potential for strong cash flow and long-term appreciation. Photos are representative of floorplan, finish and quality.
Property Type
Residential Income
Year Built
1969
Lot Size
0.19 acres
$/Sq Ft
$223
Garage
8 spaces
Listed by Muskin Elam Group LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
3420 Willowrun DR is listed at $724,500 with 0 bedrooms, 3,244 square feet, 0.19-acre lot.
3420 Willowrun DR is zoned for Austin ISD with assigned schools: Galindo (6/10) (elementary), Lively (6/10) (middle), Travis (high). School assignments should be verified directly with the district.
3420 Willowrun DR is a Residential Income built in 1969 featuring 0 bedrooms, 3,244 square feet, 0.19-acre lot.
3420 Willowrun DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 3420 Willowrun DR is $15,654. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.3% | — | $764,908 | $394,981 | $369,927 |
2024+31.7% | — | $1,051,924 | $472,500 | $406,624 |
2023+17.7% | — | $799,011 | $472,500 | $666,266 |
2022+13.7% | — | $679,062 | $472,500 | $326,511 |
2021 | — | $597,200 | $315,000 | $364,062 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($145K)
$724,500
Luxury property intelligence
A sourced read on Willow Spgs Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$724,500
Price per sqft
$223/sqft
Vs. Willow Spgs Sec 01 median
Not available
Days on market
150 days
Original to current
No verified reduction
$724.5K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($144,900) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3420 Willowrun DR is around $5,064 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $724,500, 3420 Willowrun DR is in the Willow Spgs Sec 01 market where there are currently 166 active listings in 78704. The Keenan Group has completed 46 transactions in 78704 as part of 1,000+ career sales totaling $1B+ across Austin.
3420 Willowrun DR was built in 1969 (57 years ago). Buyers should budget for potential updates to major systems.
3420 Willowrun DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.3% | — | $764,908 | $394,981 | $369,927 |
2024+31.7% | — | $1,051,924 | $472,500 | $406,624 |
2023+17.7% | — | $799,011 | $472,500 | $666,266 |
2022+13.7% | — | $679,062 | $472,500 | $326,511 |
2021 | — | $597,200 | $315,000 | $364,062 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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