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4414 Diane Dr, Austin, TX 78745
$999,990
4414 Diane Dr, Austin, TX 78745View this property at 4414 Diane Dr, Austin, TX 78745
4414 Diane DrAustinTX78745
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Property Description
Ever consider owning both your own home + 3 rental properties that can help you pay your mortgage? This beautiful property has 4 separate living spaces, a main home & 3 apartments. The apartments are currently rented on 2-year leases promising long-term income, & the main home is ready for an owner-occupant, or a new tenant. An owner-occupant in the main home can either continue the long-term leases in the 3 apartments or convert them to short-term rentals when those existing leases expire. Additional income comes from the rear fenced 30 feet of the lot, rented on a long-term lease to a landscape contractor. With the main home, 3 apartments, & the rear fenced area leased up, gross rent is ~$82,500 + 2 storage units that could generate additional income. This is an excellent location in 78745 just south of 290 in a high-demand, highly appreciating area of south Austin just 3/4 mile to St. David's south, just off Ben White in Ford Place, & conveniently located near grocery stores, restaurants, bars, coffee shops, you name it! Everything has been updated - the main home in 2019 with a new large utility room in 2021, Unit 2B built in 2015, Unit 2A built in 2017, 1B build out & remodeled in 2020 + a new interior slab. All lighting is LED. Roof is a 30-year asphalt shingle, & the new roofing was completed per the above timeline. There is even a common laundry facility for Units 1B, 2A & 2B. All appliances convey. The additional 304 SF storage building that is split into a 124 SF workshop, and 80 SF of storage space. Rent out either of these 2 spaces for additional income, or use them for personal use. The backyard compound is enjoyed by all the residents. The main home even boasts a large outdoor patio space. There are 2 apple trees in the rear, one in front, + a pecan tree on the south side tenant's entrance. This property is a must-see & an amazing investment opportunity for those looking to invest in real estate, be they owner-occupants or pure investors.
Full Property Details
Full Property Details for 4414 Diane Dr
General
- Price: $999,990
- Taxes: $19,829 (2024)
- Status: Active
- Type: Single Family
- MLS ID: 5085718
- Updated: 5/17/2024
- Added to Site: 16 day(s) ago
Interior
- Interior Features: Bidet, Built-in Features, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections, Storage, Track Lighting, Washer Hookup
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Instant Hot Water, Microwave, Gas Oven, Plumbed For Ice Maker, Refrigerator, See Remarks, Stainless Steel Appliance(s), Washer/Dryer, Washer/Dryer Stacked, Water Heater-Electric, Water Heater-Gas, Tankless Water Heater
- Flooring: Concrete, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1: Bidet, GranCnt, Full Bath, Recessed Lighting, Main
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 3
- Bedrooms-Other: 2
- Bedroom 1: Recessed Lighting, Main
Other Rooms
- Living Room: Recessed Lighting, Main
- Family Room: Recessed Lighting, Main
- Kitchen: Center Island, GranCnt, Eat In Kitchen, Open to Family Room, Plumbed for Icemaker, Recessed Lighting, Main
- Laundry: Common Area, Laundry Room, Multiple Locations, Outside, See Remarks, Recessed Lighting, Vaulted Ceiling(s), Main
- Laundry/Utility: Main
Additional Information
- Shared Amenities: Curbs, Google Fiber, High Speed Internet, Laundry Facility(s), Park, Sidewalks, Storage, Street Lights
- Security/Safety: Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Security Lights, Security System Owned, Smoke Detector(s), See Remarks
- Other Features: Storage, See Remarks
Exterior
- Exterior Features: Exterior Steps, Lighting, Private Entrance, RV Hookup
- Deck/Patio: Front Porch, Patio, Porch, See Remarks
Parking
- Total Spaces: 2
- Parking Features: Driveway
Location
- Area: 10N
- County: Travis
- Subdivision: Ford Place
- Driving Directions: From IH35 driving west on HWY 71/290 exit to Menchaca, turn left on Menchaca 1 block south of Ben White, turn left on Redd, continue to Diane Dr. Turn left, last house on left.
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Joslin
- Middle School: Covington
- High School: Crockett
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Cable Available, Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Concrete, HardiPlank Type, Blown-In Insulation, Masonite
- Foundation: Combination, Pillar/Post/Pier, Slab
- Roof: Composition
- Windows: Bay Window(s), Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Screens, Vinyl Windows
- Disability Access: None
- Square Feet: 1,160
- Living Area: 1,160 Sq. Ft.
- Year Built: 1949
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Storage, See Remarks
Lot Features
- Property View: None
- Lot Size (Acres): 0.276
- Lot Size (Sq. Ft.): 12,022.56
- Lot Dimensions: ~ 80' x 150'
- Lot Features: Back Yard, Few Trees, Front Yard, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
- Lot Description: Back Yard, Few Trees, Front Yard, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
- Fencing (Description): Chain Link, Full, Wood
Water Features
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $83.18
- Tax Amount: $19,829
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Aerial Photos, Rent Roll
- Restrictions: City Restrictions, Deed Restrictions
- Property ID: 4091007070000
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Schools
Schools serving 4414 Diane Dr
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
4500 Manchaca Rd, Austin, TX 78745 | PK-5 | 0.4 mi | |
3700 Convict Hill Rd, Austin, TX 78749 | 6-8 | 3.2 mi | |
5601 Manchaca Rd, Austin, TX 78745 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4414 Diane Dr
Date
Details
Price
Change
Source
5/17/2024
Listed
$999,990
—
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 4414 Diane Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$10,992
—
$1,064,545
12%
2022
$10,992
109%
$952,681
83%
2021
$5,264
-47%
$521,163
18%
2020
$9,851
3%
$442,420
7%
2020
$9,554
7%
$413,566
2%
2018
$8,929
19%
$406,489
19%
2016
$7,520
-1%
$341,355
1%
2017
$7,613
56%
$337,191
59%
2015
$4,882
10%
$212,614
10%
2013
$4,455
-6%
$193,285
7%
2014
$4,761
—
$180,873
—
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 4414 Diane Dr
4414 Diane Dr, Austin, TX 78745 (MLS# 5085718) is a Single Family property with 5 bedrooms and 2 full bathrooms. 4414 Diane Dr is currently listed for $999,990 and was received on May 17, 2024. Want to learn more about 4414 Diane Dr? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.