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Verified property facts
8616 Putnam Dr is listed at $995,000 with 0 bedrooms, 4,078 square feet, 0.18-acre lot. This places it above the 78757 median of $735,000.
8616 Putnam Dr is zoned for Austin ISD with assigned schools: Wooten (2/10) (elementary), Burnet (Austin ISD) (middle), Navarro Early College (6/10) (high). School assignments should be verified directly with the district.
8616 Putnam Dr is a Residential Income built in 1968 featuring 0 bedrooms, 4,078 square feet, 0.18-acre lot.
8616 Putnam 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 8616 Putnam Dr is $13,539. 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.
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.
Property Type
Residential Income
Year Built
1968
Lot Size
0.18 acres
$/Sq Ft
$244
Listed by ListingSpark
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
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% ($199K)
$995,000
Luxury property intelligence
A sourced read on Wooten Terrace Sec 03 pricing, timing, and property scale. No automated valuation claim.
List price
$995,000
Price per sqft
$244/sqft
Vs. Wooten Terrace Sec 03 median
Not available
Days on market
174 days
Original to current
No verified reduction
$995K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($199,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8616 Putnam Dr is around $6,291 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $995,000, 8616 Putnam Dr is in the Wooten Terrace Sec 03 market where there are currently 84 active listings in 78757. The Keenan Group has completed 17 transactions in 78757 as part of 1,000+ career sales totaling $1B+ across Austin.
8616 Putnam Dr was built in 1968 (58 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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