Selected for the Terner Labs Housing Venture Lab

614 Highland Ave, Austin, TX 78703

Active
Listed 80 days ago
Owner-Occupant Eligible
$1,250,000

About $4,325 a month to live here, after the rent from the other homes.

Quadplex2,024 sqftListed Aug 24, 2026

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

Live here for about

$4,325a month

The other homes rent for $4,914. We hold back $958 of that for repairs and an empty month, and the rest goes toward a $8,281 monthly payment.

Income to qualify: about $187,000 a year

With how much down?

At 20% down ($250,000) 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 $163,000 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.

$62,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

An exceptional investment opportunity in the heart of Clarksville, one of Austin’s most charming and sought-after neighborhoods. This well-positioned fourplex with alley access offers a unique combination of income-producing potential, flexible use, and redevelopment opportunity, making it an attractive option for investors, homestead, or developers. Currently operating as a mix of short-term and long-term rentals, providing immediate income potential while allowing a new owner the flexibility to optimize the existing rental strategy. Clarksville offers a blend of historic charm, mature trees, walkability, dining, shopping, entertainment, parks and just minutes to Downtown.

Quadplex

Property Type

7,187 sqft

Lot Size

1960

Year Built

Listing Date: 08/24/2026

Listed by: Debby Reynolds

Listing office: Allure Real Estate

Contact: (512) 699-2130

Source: Unlock MLS #ACT6572254

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%
$1,250,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,250,000
Your Down Payment$250,000
Financed$1,000,000
Estimated Monthly Payment$8,281

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 ($250,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$8,281/month
Principal + Interest
$5,996
Property Taxes
$1,934
Home Insurance
$351
Rental Income (3 Units)
$4,914/month

From leases in place.

Rental Expenses
-$958
Cost to live here
$4,325/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# ACT6572254 · Listing office: Allure Real Estate

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.