$725,000

2201 mission hill CIR, Austin, TX 78741

  • 3,612 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $201/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This exceptional 3,612 square-foot four-plex, located on an oversized lot backing to a scenic wet-weather creek, presents a remarkable investment opportunity. Comprising two 2-bedroom, 1.5-bath units, one 1-bedroom, 1.5 baths and 2 living room unit which could easily be converted into a 2-bedroom unit, plus one expansive 1-bedroom, 1.5-bath unit, this property is ideally positioned for both investor stability and tenant satisfaction. Recent updates ensure peace of mind for the next owner, including the complete replacement of cast iron plumbing in 2023, a new flat roof installed in 2022, and updated HVAC units, with Units 2 and 4 receiving new systems within the last 2.5 years. Units 1 and 2 also benefited from HVAC servicing in 2025. Water heaters have been replaced across all units, with new installations in Units 1 and 3 in 2024 and Units 2 and 4 in 2022. All kitchen appliances are less than five years old, with two of the units offering upgraded stone countertops and stainless-steel appliances. The property is currently generating consistent rental income, with Unit 2 leasing for $1,500 per month, Unit 3 at $1,550, and Unit 4 at $1,350. Unit 1 is vacant, providing an opportunity for immediate income generation. Three of the four units feature washer and dryer connections, while adding a gas stub out in the only laundry room without hook ups would be easy, enhancing tenant appeal. This four-plex’s lush outdoor space includes fruit trees, a blackberry bush, citrus trees, rose bushes, flowing vines, and a garden, offering tenants a tranquil environment rarely found in similar properties. The property’s location, with a short drive to Mabel Davis Pool & Park and convenient access to I-35 and HWY 71 make tenant's commute a breeze, further enhances the property's desirability. Notably, the property has demonstrated strong tenant retention, with two-thirds of current tenants choosing to live here due to family connections on the same street.

Listing Status:
Active
Listing Office:
The Hightower Company : (512) 917-0586
Listing Agent:
Chris Hightower : (512) 917-0586
MLS ID:
9431616
  • General: None
  • Rooms: BedroomBathroomKitchen
  • Appliances: Free-Standing Electric RangeElectric Water HeaterWater Heater
  • Laundry: Laundry Closet
  • Flooring: CarpetLaminateVinyl
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone

This listing courtesy of Chris Hightower, The Hightower Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Linder Elementary School

2801 Metcalfe Rd, Austin, TX, 78741

Grades PK-5

0.53 miles away

L

Lively Middle School

201 E Mary St, Austin, TX, 78704

Grades 6-8

1.96 miles away

T

Travis Early College School

1211 E Oltorf St, Austin, TX, 78704

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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