1320 Southport DR, Austin TX 78704

Rare opportunity to own a well-maintained, income-producing 4-plex in the heart of Austin’s highly sought-after 78704 zip code! ALL UNITS FULLY LEASED and generating $6,200/month in rental income with reliable tenants in place. Ideally located near the vibrant scenes of South Lamar, South 1st, and South Congress, this property offers unbeatable access to premier shopping, dining, and entertainment, along with quick connectivity to 290/71, Mopac, and 183. Each of the four units is a 2-bedroom, 1.5-bathroom layout, thoughtfully updated with vinyl plank flooring, refreshed bathrooms, and light kitchen improvements. Major upgrades include a new HVAC system in Unit B (2023), a new water heater in Unit A (2024) and Unit C (2022), and a full kitchen renovation in Unit A featuring quartz countertops and new cabinetry. Units A and B also boast brand new flooring throughout, including upgraded vinyl flooring upstairs. Structural peace of mind comes with recent foundation work (2023–2024) completed by GL Hunt with a transferable warranty, in addition to a BRAND NEW ROOF coming in OCTOBER 2025! All units offer efficient, open layouts with kitchens flowing into living spaces and private, fully fenced backyard areas perfect for relaxing or entertaining, plus in-unit washer / dryer hookups for convenience. The exterior received a full pressure wash and fresh new paint in May 2025, giving the property strong curb appeal. With general maintenance diligently handled over the years, including regular HVAC tune-ups, routine landscaping and pest control, this turnkey investment offers multiple paths forward—continue earning strong passive income, renovate further to push rents even higher, or explore condo conversion for individual resale. This is a rare and flexible investment opportunity in a premier Central South Austin location!!! ***SEE MLS DOCS FOR UPDATES, MAINTENANCE INFO, LEASE INFO***