$1,195,000
Accepting Backup Offers

1706 PALMA PZ Plaza

Austin, TX 78703
Browse 39 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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!

  • Interior Details
      • InteriorCeiling Fans, Storage
  • Property Details
      • Lot DescriptionTrees Large Size
    • Measurements
      • Square Feet3272
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1941
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Electricity Connected, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionENFIELD E
    • Location
      • School DistrictAustin ISD
      • Elementary SchoolMathews
      • Middle SchoolO Henry
      • High SchoolAustin
      • CountyTravis
  • Financial Details
      • Original List Price$1,950,000
      • Days on Market (Cumulative)51
  • Restrictions
      • Pets1
  • Other
      • MLS #3223109

Location

Phillips & Associates RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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