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$795,000
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Property Description
Exceptional Income-Producing Property in Northwest Hills!!! This well-maintained, income-producing property offers an outstanding central location with easy access to major thoroughfares, employers, shopping, and dining. Recently updated and fully leased, the property provides immediate and stable cash flow with strong rental performance. The property consists of three thoughtfully configured units, each with its own private outdoor space-an increasingly rare and valuable feature in central Austin. Recent upgrades include updated kitchens and bathrooms, tile and granite finishes, luxury vinyl plank flooring, and a freshly painted exterior. All units are in excellent condition and have been thoughtfully maintained. Unit A: 2-bedroom, 1-bath unit featuring a spacious side yard, leased at $1,500/month plus utilities. Lease expires March 1, 2027. Unit B: 3-bedroom, 2-bath residence with a large private backyard, currently leased at $2,095/month plus utilities. Lease expires August 31, 2026. Unit C: Garage studio apartment with full kitchen, bathroom with shower, and private yard, leased at $1,195/month plus utilities. Lease expires August 31, 2026. Total monthly rents are at $4,790, generating $57,480 in gross annual income. After taxes and insurance, the property nets approximately $46,000 annually, making this an attractive opportunity for investors seeking both cash flow and long-term appreciation. With strong in-place leases, private yards for every unit, and a premier Northwest Hills location, this property offers a rare combination of stability, quality, and upside in one of Austin's most sought-after submarkets. Property is legal duplex. Agent accompanied showings with LOI or offer submittal only.
Full Property Details
Full Property Details for 3408 Northland Dr
General
- Price: $795,000
- Taxes: $11,103 (2025)
- Status: Active
- Type: Triplex
- Source: Austin_MLS
- MLS ID: 5191613
- Updated: 2/12/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Breakfast Bar, Granite Counters, No Interior Steps, Recessed Lighting, Walk-In Closet(s)
- Appliances: Dishwasher, Exhaust Fan, Free-Standing Refrigerator, Disposal
- Flooring: Tile, Vinyl
Rooms
Other Rooms
- Laundry: Multiple Locations
Additional Information
- Shared Amenities: None
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: Private Entrance, Private Yard
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 6
- Parking Features: Circular Driveway
Location
- Area: 1A
- County: Travis
- Subdivision: Highland Hills Sec 01
- Driving Directions: Mopac North to Northand Drive. Property on the right. See circular driveway.
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Highland Park
- Middle School: Lamar (Austin ISD)
- High School: McCallum
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, None
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 2,702
- Sq. Ft. Source: Public Records
- Living Area: 2,702 Sq. Ft.
- Year Built: 1958
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2833
- Lot Size (Sq. Ft.): 12,340.55
- Fence: Yes
- Lot Features: Back Yard, Flag Lot
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Assessment Amount: $542,581
- Tax Amount: $11,103.84
- Tax Year: 2025
- Terms: Cash, Conventional, SBA Type Loan
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease
- Legal Description: LOT 31 HIGHLAND HILLS SEC 1
- Disclosures/Reports: See Remarks
- Property ID: 1320310090000
- Lot Number: 31
Listed by Compass RE Texas, LLC
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Schools
Schools serving 3408 Northland Dr
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Highland Park Elementary School, Austin, TX 4900 Fairview Drive, Austin, TX 78731 | K-5 | 0.6 mi |
Lamar Middle School, Austin, TX 6201 Wynona Avenue, Austin, TX 78757 | 6-8 | 1 mi |
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3408 Northland Dr
Date
Details
Price
Change
Source
2/12/2026
Listed
$795,000
—
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 3408 Northland Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,706
—
$542,581
-22%
2024
$13,706
-2%
$691,567
-7%
2022
$13,967
—
$745,685
5%
2022
$13,967
21%
$707,192
34%
2021
$11,509
18%
$528,730
20%
2020
$9,784
4%
$439,393
—
2020
$9,424
-8%
$439,393
-6%
2018
$10,282
19%
$468,109
3%
2016
$8,661
-15%
$456,317
17%
2017
$10,177
29%
$388,381
13%
2015
$7,889
27%
$343,572
2%
2013
$6,225
—
$337,890
34%
2013
$6,225
—
$252,718
—
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 3408 Northland Dr
3408 Northland Drive, Austin, TX 78731 (MLS# 5191613) is a Triplex property with 0 bedrooms and 0 full bathrooms. 3408 Northland Drive is currently listed for $795,000 and was received on February 12, 2026. Want to learn more about 3408 Northland Drive? Do you have questions about finding other Triplex real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

