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$925,000
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Property Description
Welcome to 8207 Sam Rayburn Dr, Austin, TX - a newly renovated 8-unit multifamily property comprised of eight one-bedroom, one-bath residences. This asset has undergone extensive recent improvements, including a new roof (2024), one new HVAC system, five new water heaters, four new stoves, five new refrigerators, eight new windows, three new doors, and steel exterior doors installed on all units. Interiors feature fresh paint throughout along with select upgrades. Additional enhancements include a repaired laundry room ready for equipment installation and added income potential, a new 6-foot cinderblock fence along the rear of the property, and consistent professional pest control. Numerous smaller repairs have also been completed, demonstrating strong attention to detail and making this a truly turnkey multifamily investment opportunity in the Austin market. Further upside exists through the addition of laundry machines and the potential rental of two approximately 5x5 storage spaces for additional revenue.
Full Property Details
Full Property Details for 8207 Sam Rayburn Dr
General
- Price: $925,000
- Taxes: $24,754 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Austin_MLS
- MLS ID: 3795275
- Updated: 6/8/2026
- Added to Site: 124 day(s) ago
Rental Information
- Lease Info: Gross
Interior
- Flooring: Tile, Vinyl
Rooms
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Varies by Unit
Parking
- Total Spaces: 10
- Parking Features: Assigned, Asphalt
Location
- Area: 2N
- County: Travis
- Subdivision: Congress Park
- Driving Directions: From central Austin, get on I-35 North and continue to W Rundberg Ln (Exit 241). Turn left (west) onto W Rundberg Ln, then turn left (south) onto Sam Rayburn Dr. Continue a short distance — 8207 Sam Rayburn Dr, Austin, TX 78753 will be on your left in the Georgian Acres area.
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
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Concrete, Vinyl Siding
- Square Feet: 4,480
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Multi-Family
- Year Built: 2001
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1724
- Lot Size (Sq. Ft.): 7,509.74
Financial Considerations
- Operating Expenses: $33,306
- Assessment Amount: $1,209,600
- Tax Amount: $24,754.28
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 10 BLK A CONGRESS PARK
- Disclosures/Reports: Seller Disclosure
- Property ID: 2351508040000
- Block: A
- Lot Number: 10
Listed by Keller Williams - Lake Travis
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Schools
Schools serving 8207 Sam Rayburn Dr
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Brown Elementary School, Austin, TX 7801 Guadalupe Street, Austin, TX 78752 | PK-5 | 0.6 mi |
Webb Middle School 601 East Saint Johns Avenue, Austin, TX 78752 | 6-8 | 1 mi |
Navarro Early College High School 1201 Payton Gin Road, Austin, TX 78758 | 9-12 | 1.1 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 8207 Sam Rayburn Dr
Date
Details
Price
Change
Source
3/31/2026
Price Reduced
$925,000
-2.63%
MLS
2/19/2026
Listed
$950,000
—
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 8207 Sam Rayburn Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,754
9%
$1,209,600
6%
2024
$22,640
28%
$1,142,400
6%
2022
$17,695
—
$1,075,200
20%
2022
$17,695
1%
$896,000
11%
2021
$17,553
4%
$806,400
6%
2020
$16,900
-20%
$759,000
-4%
2020
$21,140
23%
$792,000
1%
2018
$17,221
81%
$784,000
25%
2016
$9,491
-37%
$629,000
48%
2017
$14,987
108%
$425,600
36%
2015
$7,201
55%
$313,600
25%
2013
$4,635
—
$250,880
33%
2013
$4,635
—
$188,160
—
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 8207 Sam Rayburn Dr
8207 Sam Rayburn Drive, Austin, TX 78753 (MLS# 3795275) is a Commercial Multi-Family property. 8207 Sam Rayburn Drive is currently listed for $925,000 and was received on February 19, 2026. Want to learn more about 8207 Sam Rayburn Drive? Do you have questions about finding other Commercial 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.

