6 months on rocket

4414 Dianne Dr, Austin, TX, 78745

$999,990

Home List Price

$10,000*

Closing Credit

0 Baths
3,086 SqFt
$324/SqFt
Multi

Location

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4414 Dianne Dr, Austin$999,990

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway
Year Built1949
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
WaterfrontNone
FireplaceNone
ViewNone
MLS #4427523
Lot Size0.28 Acres
StatusActive

About 4414 Dianne Dr

This beautiful property has 4 separate living spaces, a main home & 3 apartments. The home, plus 3 apartments are currently rented on 2-year leases promising long-term income. 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 ~$83,100 + 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. Leave as long-term leases, or convert to short term rentals with the new City of Austin position on accepting non-owner occupied STRs.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 3,086 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 913-7480
  • Listing Agent: Jeffrey Schnabel

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer
  • Flooring Type: Concrete, Laminate, Wood
  • Interior: Bidet, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, In-Law Floorplan, Kitchen Island, Low Flow Plumbing Fixtures, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Recessed Lighting, Smart Thermostat, Track Lighting, High Speed Internet, Storage, Workshop
  • Fireplace: None

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Exterior Steps, Lighting, Private Yard

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Few Trees
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,990
  • Price Per SqFt: $324/SqFt
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

4414 Dianne Dr vs Austin

187 DAYS ON ROCKET

+115 Days

$999,990

+$433.5K More

$324/SqFt

+$16 More

KEY TAKEAWAY

This property is $433.5K more than the Median Sold Price and $16/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #4427523

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 913-7480
  • Listing Agent: Jeffrey Schnabel

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-514670
6
/10
  • Joslin Elementary School

  • 4500 Menchaca Rd

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-514671
7
/10
  • St. Elmo Elementary School

  • 600 W Saint Elmo Rd

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-514672
5
/10
  • Galindo Elementary School

  • 3800 S 2nd St

  • 0.79 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,369. Typical income of Austin, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesTexasTravis CountyAustin787454414 Dianne Dr

This home is located at 4414 Dianne Dr in Austin, TX and zip code 78745 in the Southwest neighborhood. This 3,086 square foot home, which was built in 1949, sits on a 0.28 acre lot. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $999,990.

Austin, TX housing market in October 2024 saw over 66 listings sold above listed price, more than 96 sold at listed price and over 506 sold below. Between September 2024 and October 2024, Austin, TX real estate market has seen increase in the number of listings by 6.3%. The median list price of listings available in October 2024 was $566,430, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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