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$2,750,000
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Property Description
Rare investment opportunity in the heart of Austin's coveted Enfield neighborhood. This classic 1918 quadruplex sits on an expansive 0.46-acre lot (90' x 223') and offers 6,246 sq ft of living space across four well-maintained units. The property features a mix of 2-bed/1-bath layouts plus a spacious main residence, all with charming architectural details including high ceilings, wood and tile flooring, multiple living areas, and walk-in closets. Tenants enjoy private yards, decks, porches, and multiple laundry locations, along with alley access, covered parking, and a 2-car garage. Modern comforts include central HVAC, gas appliances, and connected utilities. Fully leased with strong rental income of at least $16K/per month through 2027-2028, this property offers immediate stability and long-term upside in one of Austin's most desirable central locations.
Full Property Details
Full Property Details for 1305 Lorrain St
General
- Price: $2,750,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 7781998
- Updated: 5/15/2026
- Added to Site: 36 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Interior Steps, Multiple Living Areas, Pantry, Storage, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
- Number of Fireplaces: 1
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Oven, Range, Range Hood
- Flooring: Concrete, Tile, Wood
Rooms
Other Rooms
- Laundry: Common Area, Multiple Locations, Washer Hookup, Dryer Hookup, GasDryer Hookup
Additional Information
- Shared Amenities: Storage Facilities
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Exterior Steps, Private Yard
- Porch/Patio/Deck: Deck, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 3
- Carports: Yes
- Covered Spaces: 3
- Parking Features: Alley Access, Attached, Covered, Carport, Garage, Off Street
Location
- Area: 1B
- County: Travis
- Subdivision: Enfield A
- Driving Directions: East on Enfield, south on Lorrain, property will be on your left.
- Direction Faces: Northwest
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Stone Veneer
- Roof: Composition
- Windows: Screens, Wood Frames
- Stories/Levels: 2
- Square Feet: 6,246
- Sq. Ft. Source: Public Records
- Living Area: 6,246 Sq. Ft.
- Year Built: 1918
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,037.6
- Lot Dimensions: 90 x 223
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Gentle Sloping, Interior Lot, Moderate Trees, Trees Medium Size
- Fencing (Description): Fenced, Partial
Financial Considerations
- Assessment Amount: $2,401,980
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease, Survey
- Legal Description: Lot 8 Olt 7 Div Z Enfield A
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 1100107270000
- Lot Number: 8
Listed by Respace LLC
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Schools
Schools serving 1305 Lorrain St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 0.4 mi |
O Henry Middle School 2610 West 10th Street, Austin, TX 78703 | 6-8 | 1.2 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1305 Lorrain St
Date
Details
Price
Change
Source
5/15/2026
Price Reduced
$2,750,000
-1.61%
MLS
5/07/2026
Price Reduced
$2,795,000
-3.45%
MLS
4/21/2026
Listed
$2,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1305 Lorrain St
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$2,401,980
28%
2024
-100%
$1,882,168
-19%
2022
$36,222
—
$2,328,000
27%
2022
$36,222
—
$1,834,086
10%
2021
$36,365
-1%
$1,670,655
1%
2020
$36,817
4%
$1,653,481
—
2020
$35,465
10%
$1,653,481
12%
2018
$32,301
11%
$1,470,538
12%
2017
$28,989
-6%
$1,309,356
2%
2017
$30,973
19%
$1,281,856
13%
2015
$25,941
12%
$1,129,797
16%
2014
$23,178
-4%
$973,963
-1%
2013
$24,142
—
$980,092
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1305 Lorrain St
1305 Lorrain Street, Austin, TX 78703 (MLS# 7781998) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1305 Lorrain Street is currently listed for $2,750,000 and was received on April 21, 2026. Want to learn more about 1305 Lorrain Street? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

