This classic Old Enfield 4-plex offers the perfect blend of charm, convenience, and opportunity. Nestled on a large 11,571 sq. ft. MF-3 zoned lot just steps from the historic Peace Mansion, the property sits in one of Austin’s most desirable neighborhoods with easy access to Downtown Austin, Town Lake, and MoPac, making it simple to get anywhere in the city. Right outside your door are some of Austin’s favorite local spots: Peace Park for morning walks, Jeffrey’s Steakhouse and Josephine House for unforgettable dining, Fresh Plus for neighborhood grocery runs, and Caff Medici for your daily coffee fix. Within 1.5 miles, you’ll also find Lions Municipal Golf Course, Town Lake, Lake Austin, the new Lake Austin H-E-B, Deep Eddy Pool, and Mozart’s Coffee Roasters, a lineup of Austin icons just minutes away. Plus, you’re steps from bike paths along Shoal Creek and MoPac, offering easy two-wheel access to downtown. This property has a 7+ year track record of strong performance, with consistently over 95% occupancy and steadily growing rents, making it a rock-solid investment in the heart of 78703. Zoned MF-3, the property presents exceptional possibilities: ideal for a developer to build up to 16 units, or for a savvy investor to live in one unit while benefiting from rental income and long term appreciation. The owner is also open to creative partnerships with established builders, particularly those who can fund and execute the construction of multiple new units on the site. Each of the four units offers 2 bedrooms, 1 bathroom, in-unit washer/dryer, a covered carport with storage, and separate water, electric, and gas metersa rare combination of convenience and independence in this part of town. The foundation has been recently warrantied, with extra piers added for long-term stability and peace of mind.

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Listed by David Mercedes of Real Broker,LLC ((512) 969-7355)

Listings courtesy of Unlock MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 25, 2026 8:13 AM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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