Properties

Austin, TX 78757 8616 Putnam Dr

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Presented By: ListingSpark;
  • MLS# 3877142
  • 11/18/2025
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  • SQFT • 4,078

Home Details

This is the property buyers wait for, live in it, invest in it, or both, with the kind of location, income, and flexibility that makes sense the moment you see it. WOW! $6,950 per month in current income with exceptionally stable tenancy, featuring residents in place for 12 to 17 years. Beautifully maintained, locally owned four plex professionally managed since 2007, with rents paid electronically via Zelle. The property consists of four walk up, garden style units, each approximately 1,010 sq ft with 2 bedrooms and 1.5 baths. Unit 101 is vacant as of Feb 15, 2026, creating immediate flexibility for owner occupancy, lease up, or repositioning without tenant displacement. Located in a highly desirable central Austin corridor minutes from The Domain, The Arboretum, major employers, retail, and transit, this property benefits from sustained rental demand and limited small multifamily supply, making it a smart, durable investment in todayโ€™s Austin market. Especially compelling for owner occupied buyers, the four plex structure allows a resident owner to offset housing expenses with rental income while benefiting from favorable owner occupied multifamily financing. Long term in place tenants provide predictable cash flow and reduced turnover. Capital improvements reflect pride of ownership. 2024 upgrades include private fenced xeriscape courtyards, steel privacy panels with metal gates, security screen doors, rekeyable locks, and a shared rear yard with cedar fencing and mature trees. 2019 renovations include four 14 SEER HVAC systems, energy efficient windows, Hardie board siding, and a repaved parking lot with eight dedicated spaces plus street parking. Unit features include gas ranges and refrigerators, dishwasher hookups, laundry hookups, decorative fireplaces in Units 101 and 104, ceramic tile and vinyl plank flooring, no carpet, and select patio or French doors. Corner lot with mature trees and low maintenance landscaping. Indiv-package, 9007 Quail Valley 6126992.
Presented By: ListingSpark;

Interior Features for 8616 Putnam Dr

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Fireplace FeaturesSee Remarks
FlooringLinoleum, Tile
Interior AmenitiesCeiling Fan(s)
Total Fireplaces2
Window FeaturesDouble Pane Windows

General for 8616 Putnam Dr

AccessibilityNone
AppliancesDisposal, Oven, Refrigerator, Water Heater
CityAustin
Community FeaturesSee Remarks
Construction MaterialsBrick Veneer, Frame, HardiPlank Type
CoolingCeiling Fan(s), See Remarks
CountyTravis
Directions8616 Putnam is located just off the southbound U.S.183 frontage road, between Ohlen Drive and Putnam Drive. Conveniently situated minutes from The Domain and The Arboretum, near major employers, retail,
DisclosuresSeller Disclosure
Elementary SchoolWooten
Energy EfficientHVAC, Other/See Remarks
Facing DirectionSoutheast
Garage Spaces
Green SustainabilityNone
HOANo
HeatingCentral
High SchoolNavarro Early College
LevelsTwo
Living Area4078
Lot Size Square Feet8049.89
MLS Area2
Middle/Junior High SchoolBurnet (Austin ISD)
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesPatio
Pets AllowedNegotiable
Property ConditionResale
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition, Shingle, See Remarks
Security FeaturesSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameWooten Terrace Sec 03
Tax Annual Amount13538.65
Tax Assessed Value748303
Tax Year2024
UtilitiesElectricity Connected, Natural Gas Connected, Phone Available
ViewNone
Waterfront FeaturesNone
Year Built1968
Year Built SourcePublic Records

Exterior for 8616 Putnam Dr

Covered Spaces
Exterior AmenitiesGutters Full
FencingPrivacy, See Remarks
Foundation DetailsSlab
Horse Y/NNo
Lot FeaturesCorner Lot, Curbs, Level
Lot Size Acres0.1848
Other EquipmentDryer Connections, Washer Hookup
Parking FeaturesSee Remarks
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Navarro Early College High School
Elementary School Wooten Elementary School
Middle School Burnet (Austin ISD) Middle School

Connect Realty

Price $995,000
MLS#3877142
List Date 11/18/2025
Property Type Income
Phone 888.795.6274
Get pre-approved
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
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