Huge .3 acre flat lot in 78704! Money making 4 plex. All great long term tenants with monthly total rents at 4800. Perfect location and easy to keep rented. Tons of potential for redevelopment. All 4 units have updated Carrier mini splits. Recent 30 yr roof and water heaters. Updated smoke and carbon dioxide detectors. Stucco/rock exterior for low maintenance. Keep the tenants in place to cover holding costs while you get plans and permits approved or just keep the place with rents churning as is. Each unit can be viewed during option period/inspections. Owner would want a 1031 exchange. I will set up showings for serious interest w/at least one unit. Agents, feel free to walk outside the property(text me a time/date) with your buyers but please DO NOT bother my tenants, thank you:)
Active
$745,000
1609 Morgan Ln, Austin, TX 78704
4beds
4baths
2,552sqft
Est.:
Quadruplex
Built in 1946
-- sqft lot
$-- Zestimate®
$292/sqft
$-- HOA
What's special
Updated carrier mini splits
- 52 days |
- 256 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: October 22, 2025 at 02:04am
Listed by:
Tom Shiery (512) 775-6789,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 8094917
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Rooms
- Room types: Master Bedroom, Kitchen, Living Room
Heating
- Heat Pump
Cooling
- Ductless, Heat Pump
Appliances
- Included: Gas Range, Refrigerator
Features
- Ceiling Fan(s), No Interior Steps
- Flooring: Carpet, Tile, Wood
- Windows: Blinds, Wood Frames
Interior area
- Total interior livable area: 2,552 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned, Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
- Exterior features: None
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.3 Acres
- Features: Alley Access, Few Trees, Level, Trees-Large (Over 40 Ft)
Details
- Additional structures: Shed(s)
- Parcel number: 04060901360000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Slab
- Roof: Composition, Mixed
Condition
- Resale
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Banister Heights
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $623,425
- Annual tax amount: $12,355
- Date on market: 10/21/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Listed for sale | $745,000-14.8%$292/sqft |
Source:  Unlock MLS #8094917 Report a problem | ||
| 11/1/2023 | Listing removed | -- |
Source: Unlock MLS #3015771 Report a problem | ||
| 7/28/2023 | Listed for sale | $874,900-7.7%$343/sqft |
Source: Unlock MLS #3015771 Report a problem | ||
| 1/1/2023 | Listing removed | -- |
Source: Unlock MLS #5360768 Report a problem | ||
| 9/15/2022 | Price change | $948,000-0.2%$371/sqft |
Source: Unlock MLS #5360768 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $623,425 +10.8% |
| 2024 | $11,150 -21.8% | $562,622 -28.6% |
| 2023 | $14,253 +18.1% | $787,803 +9.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,691/mo
Principal & interest
$3586
Property taxes
$844
Home insurance
$261
Climate risks
Neighborhood: South Lamar
Nearby schools
GreatSchools rating
- 3/10Galindo Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Fulmore Middle SchoolGrades: 6-8Distance: 2.1 mi
- 1/10Travis High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Galindo
- Middle: Lively
- High: Travis
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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