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1/23
$1,450,000
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Property Description
3814 Southway Dr presents a rare opportunity to acquire a fully reimagined fourplex in Austin's highly sought-after 78704 corridor. Taken down to the studs and rebuilt with durability and modern design in mind, this exceptional multi-family property blends high-end finishes, low-maintenance ownership, and strong income potential in one of Austin's top rental and short-term rental markets. Scheduled for completion in June 2025, each of the four units features a spacious 2-bedroom, 1.5-bath layout with interiors designed to appeal to both long-term tenants and short-term rental guests. Major upgrades include a new roof, HVAC systems, plumbing, electrical, insulation, windows, and cabinetry, creating a turnkey investment with minimal maintenance. Inside, residents and guests will appreciate the modern aesthetic, custom cabinetry, updated kitchens, designer finishes, open-concept living spaces, and contemporary bathrooms designed to compete with newer urban-core construction. The efficient floorplans and premium upgrades position the property well for executive rentals, furnished rentals, traditional leasing, or Airbnb/short-term rental strategies, subject to buyer verification and permitting requirements. Located minutes from South Lamar, Downtown Austin, Barton Springs, and Zilker Park, the property offers an unbeatable location with strong tenant demand and appreciation potential. Its proximity to major employers, entertainment districts, and Austin's cultural core makes it especially attractive for professionals, creatives, traveling nurses, tech workers, and visitors seeking an authentic Austin experience. Whether you are a seasoned investor seeking a stabilized luxury multi-family asset or an owner-operator interested in maximizing rental income potential, 3814 Southway Dr represents a compelling opportunity to own a virtually new-construction fourplex in one of Austin's neighborhoods. Offered at $1,450,000. Completion anticipated June 2025.
Full Property Details
Full Property Details for 3814 Southway Dr
General
- Price: $1,450,000
- Taxes: (2023)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 9211247
- Updated: 5/11/2026
- Added to Site: 16 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s)
- Appliances: Cooktop, Refrigerator, Stainless Steel Appliance(s)
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: In Unit, See Remarks
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Private Yard
Parking
- Total Spaces: 10
- Parking Features: Parking Lot, Private
Location
- Area: 6
- County: Travis
- Subdivision: SOUTHRIDGE SEC 2
- Driving Directions: From Ben White West, turn right onto Banister Lane, left onto Southridge Drive, Right onto Southway Drive, property is at the turn by the cul-de-sac.
- Direction Faces: Southwest
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Galindo
- Middle School: Lively
- High School: Travis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Frame, Masonry, Concrete, Wood Siding
- Roof: Composition, Shingle
- Windows: Aluminum Frames, Blinds, Double Pane Windows, Vinyl
- Stories/Levels: 2
- Square Feet: 4,030
- Sq. Ft. Source: Public Records
- Living Area: 4,030 Sq. Ft.
- Year Built: 1971
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Park/Greenbelt, Trees/Woods
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Fence: Yes
- Lot Features: Back Yard, Cul-De-Sac, City Lot, Backs to Greenbelt/Park, Landscaped
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Assessment Amount: $881,182
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: LOT 6A RESUB OF LOT 5-6 BLK C SOUTHRIDGE SEC 2
- Disclosures/Reports: See Remarks
- Property ID: 4070701070000
- Block: C
- Lot Number: 5-6
Listed by Compass RE Texas, LLC
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Schools
Schools serving 3814 Southway Dr
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Galindo Elementary School 3800 South 2nd Street, Austin, TX 78704 | K-5 | 0.2 mi |
Fulmore Middle School 201 East Mary Street, Austin, TX 78704 | 6-8 | 1.7 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 1.8 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 3814 Southway Dr
Date
Details
Price
Change
Source
5/11/2026
Listed
$1,450,000
—
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 3814 Southway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,179
-9%
$741,734
-12%
2024
$16,643
-4%
$839,809
-5%
2022
$17,356
—
$881,182
—
2022
$17,356
37%
$878,835
51%
2021
$12,644
-5%
$580,886
-3%
2020
$13,346
4%
$599,364
2%
2020
$12,856
43%
$585,864
43%
2018
$8,978
19%
$408,744
6%
2016
$7,539
-12%
$385,578
14%
2017
$8,599
37%
$338,033
23%
2015
$6,289
-3%
$273,881
-1%
2013
$6,451
—
$276,560
6%
2013
$6,451
—
$261,910
—
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 3814 Southway Dr
3814 Southway Drive, Austin, TX 78704 (MLS# 9211247) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3814 Southway Drive is currently listed for $1,450,000 and was received on May 11, 2026. Want to learn more about 3814 Southway Drive? 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.

