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411 Thelma Dr
Austin TX 78745 US

$389,000

Active Listing ID 5052387
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4 bed
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4.00 Bath (4 Full)
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Lot: 0.38 Acres
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Other

$389,000

Active Listing ID 5052387
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411 Thelma Dr Turnkey South Austin income-producing duplex with a proven rental track record! Each side-by-side unit features 2 bedrooms, 2 full baths, a spacious living area with a fireplace, and modern finishes like luxury vinyl plank flooring. Situated on an oversized lot (approx. 0.377 acres), tenants enjoy one of the largest backyards in the area. The expansive lot size may offer future development potential, such as subdivision, (buyer to verify all possibilities with the City of Austin). With units currently rented out for $2, 900/month total (both combined), this property offers strong cash flow potential. Its prime location offers tenants unbeatable convenience, with Southpark Meadows, Westgate Shopping Center (Central Market), HEB and Sunset Valley just minutes away. Plus, it provides a straightforward commute to downtown and quick access to major highways like I-35, Mopac, and Hwy 290/71. The adjacent duplex at 413 Thelma is also for sale, and both properties can be purchased together for $749, 000. This provides a unique opportunity to acquire four rental units side-by-side for simplified management and greater long-term value. Don't miss this rare investment opportunity!

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Property Features

  • Facts
  • Lot Size: 0.38 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Floor Covering: Vinyl, Carpet
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Fireplace

School Information

  • School
  • Pleasant Hill(Elementary)
  • Covington(MiddleSchool)
  • Crockett(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 389000
  • unparsedaddress: 411 Thelma Dr
  • postalcity: Austin
  • stateorprovince: TX
  • country: US
  • postalcode: 78745
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.377
  • lotsizeunits: Acres
  • lotsizearea: 0.377
  • livingarea: 1900
  • livingareaunits: Square Feet
  • latitude: 30.19308493
  • longitude: -97.78744201
  • listagentfullname: Wendy Papasan
  • listagentemail: listings@papasanproperties.com
  • listagentkey: 3yd-ABORTX-593308
  • listagentmlsid: 593308
  • listagentpreferredphone: 5123301004
  • listagentofficephone: 5122979431
  • listofficekey: 3yd-ABORTX-0991
  • listofficemlsid: 0991
  • disclaimer: Copyright © 2026 Unlock MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 1981
  • listingcontractdate: 2026-03-24
  • listagenturl: http://www.kwaustin.com
  • countyorparish: Travis
  • parcelnumber: 04211102250000
  • elementaryschool: Pleasant Hill
  • highschool: Crockett
  • elementaryschooldistrict: Austin ISD
  • middleorjuniorschooldistrict: Austin ISD
  • highschooldistrict: Austin ISD
  • appliances: Dishwasher, Free-Standing Range, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Masonry - Partial
  • flooring: Vinyl, Carpet
  • heating: Central
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 1
  • parkingfeatures: Carport
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Ceiling Fan(s), Primary Bedroom on Main, Recessed Lighting
  • rooms: Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Family Room
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Privacy
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.787445, 30.193085
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KWATX Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"listings@papasanproperties.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mecook@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"KWATX Broker LLC", "ListBrokeragePhone":"(512) 448-4111", "ListBrokeragePostalCode":"78746", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"1801 S. Mopac Expressway", "ListBrokerageWebsiteUrl":"http://www.kwaustin.com", "ListOfficeAddress1":"1801 S Mopac Expy Ste 100 ", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"0991", "ListOfficeCity":"Austin", "ListOfficeCountry":"USA", "ListOfficeEmail":"mecook@kw.com", "ListOfficePostalCode":"78746", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Austin, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-03-25 20:36:09", "Neighborhoods":[{"Description":null, "Name":"Buckingham Estates Sec 03"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Lot 13 Buckingham Estates Sec 3", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/25/2026 8:38:23 PM GMT
Source Updated Date: 3/29/2026 7:08:19 AM GMT

Courtesy of: Wendy Papasan, Keller Williams Realty, listings@papasanproperties.com

Copyright © 2026 Unlock MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.