Selected for the Terner Labs Housing Venture Lab

1917 Miles Ave, Austin, TX 78745

Active
Listed 14 days ago
Owner-Occupant Eligible
$1,595,000

About $9,862 a month to live here, after the rent from the other homes.

Quadplex4,988 sqft3 beds3 bathsListed Oct 29, 2026

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

Live here for about

$9,862a month

The other homes rent for $1,525. We hold back $297 of that for repairs and an empty month, and the rest goes toward a $11,090 monthly payment.

Income to qualify: about $296,000 a year

With how much down?

At 20% down ($319,000) 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 $208,000 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.

$79,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Previously leased for $10K/month. Unlock the potential of 1917 Miles Avenue—an exceptional multi-unit property offering flexible income-generating possibilities in one of South Austin’s most desirable neighborhoods. Situated on a generous 0.70-acre lot, this thoughtfully designed compound includes a total of four rentable units across two structures, with lush landscaping and ample privacy throughout. At the front of the property sits the original 1917 Craftsman-style home, rich in character and modern upgrades. The main level features two bedrooms and two baths, warm wood floors, built-ins, and a chef’s kitchen equipped with Sub-Zero and Wolf appliances. Upstairs, a private third bedroom with full bath and separate entrance can easily function as a standalone studio rental or short-term unit. Tucked away at the rear, two separately metered apartments—built in 2011—offer turnkey rental income potential. Each unit enjoys privacy, tree canopy views, and easy access. With multiple outdoor living spaces including two expansive decks, a bonus studio/playroom, and a 1600-square-foot enclosed vegetable garden, this property is both tenant-friendly and owner-inspiring. Whether you choose to rent all four units, house-hack while living on-site, or create a long-term family compound with passive income, 1917 Miles offers unmatched versatility and value in an unbeatable South Austin location.

Quadplex

Property Type

30,492 sqft

Lot Size

1917

Year Built

Listing Date: 10/29/2026

Listed by: Karen Kelly

Listing office: van Heuven Properties

Contact: (512) 569-5878

Source: Unlock MLS #ACT2626940

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%
$1,595,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,595,000
Your Down Payment$319,000
Financed$1,276,000
Estimated Monthly Payment$11,090

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 ($319,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$11,090/month
Principal + Interest
$7,650
Property Taxes
$2,497
Home Insurance
$943
Rental Income (3 Units)
$1,525/month

From nearby rental comps.

Rental Expenses
-$297
Cost to live here
$9,862/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# ACT2626940 · Listing office: van Heuven Properties

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.