Selected for the Terner Labs Housing Venture Lab

7685 Northcross Dr, Austin, TX 78757

Active
Listed 105 days ago
Owner-Occupant Eligible
$1,220,000

About $6,062 a month to live here, after the rent from the other homes.

Quadplex6 beds6 bathsListed Jul 30, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$6,062a month

The other homes rent for $3,762. We hold back $621 of that for repairs and an empty month, and the rest goes toward a $9,203 monthly payment.

Income to qualify: about $215,000 a year

With how much down?

At 20% down ($244,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $159,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$61,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

TURNKEY CENTRAL AUSTIN CONDO PORTFOLIO | 7 UNITS Rare opportunity to acquire seven income-producing condominium units as a portfolio in the sought-after Allandale area of Central Austin. The portfolio includes six 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, offering an exceptional opportunity for an investor seeking a turnkey rental portfolio in a highly desirable location. Several units are currently furnished and have been successfully utilized for short-term and longer-term rentals. Two of the one-bedroom units and the two-bedroom unit are furnished, while all units have historically been income-producing, with the exception of the 2-bedroom unit, which has been used as a secondary residence. The units are ideally positioned within a peaceful, private condominium community with established charm and laid-back Austin vibes, featuring courtyard views and mature oak trees providing beautiful shade. Furnishings and chattels convey with the sale, allowing for a seamless transition for continued rental use. Furnishings include king beds, bedding, sofas, desks and chairs, wall art, and fully equipped kitchens. Each unit also includes a refrigerator, washer and dryer, and Nest thermostat. The community offers an impressive collection of amenities, including a pool, clubhouse, fitness center, common-area workspaces, event space, and game room. HOA dues include high-speed internet and cable, water and wastewater, trash, recycling and composting, and parking for two vehicles per unit. HOA rules require a minimum 30-day rental period. Conveniently located in Central Austin with easy access to Burnet Road’s popular restaurants, coffee shops and shopping, as well as Northwest Park and surrounding neighborhood amenities. The property also feeds to excellent schools, adding to its long-term appeal. A unique opportunity to acquire a turnkey, furnished-ready portfolio in one of Central Austin’s most established and desirable neighborhoods.

Quadplex

Property Type

1,202 sqft

Lot Size

1986

Year Built

Listing Date: 07/30/2026

Listed by: Melinda Lear

Listing office: All City Real Estate Ltd. Co

Contact: (512) 669-8405

Source: Unlock MLS #ACT8240841

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$1,220,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,220,000
Your Down Payment$244,000
Financed$976,000
Estimated Monthly Payment$9,203

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($244,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$9,203/month
Principal + Interest
$5,852
Property Taxes
$1,885
Home Insurance
$1,184
HOA$282
Rental Income (3 Units)
$3,762/month

From nearby rental comps and the listing description.

Rental Expenses
-$621
Cost to live here
$6,062/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT8240841 · Listing office: All City Real Estate Ltd. Co

Based on information submitted to the MLS GRID as of 2026. 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.