8616 Putnam Dr, Austin, TX 78757
FOR SALE

8616 Putnam Dr
Austin, TX 78757

Wooten
  • 8 Beds
  • 8 Baths
  • 4,078 sqft

$995,000

Est. Mortgage $6,208/mo*
Get Pre-Qualified

$995,000

Est. Mortgage $6,208/mo*
Get Pre-Qualified
8 Beds
8 Baths
4,078 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

This is the property buyers wait for, live in it, invest in it, or both, with the kind of location, income, and flexibility that makes sense the moment you see it. WOW! $6,950 per month in current income with exceptionally stable tenancy, featuring residents in place for 12 to 17 years. Beautifully maintained, locally owned four plex professionally managed since 2007, with rents paid electronically via Zelle. The property consists of four walk up, garden style units, each approximately 1,010 sq ft with 2 bedrooms and 1.5 baths. Unit 101 is vacant as of Feb 15, 2026, creating immediate flexibility for owner occupancy, lease up, or repositioning without tenant displacement. Located in a highly desirable central Austin corridor minutes from The Domain, The Arboretum, major employers, retail, and transit, this property benefits from sustained rental demand and limited small multifamily supply, making it a smart, durable investment in today’s Austin market. Especially compelling for owner occupied buyers, the four plex structure allows a resident owner to offset housing expenses with rental income while benefiting from favorable owner occupied multifamily financing. Long term in place tenants provide predictable cash flow and reduced turnover. Capital improvements reflect pride of ownership. 2024 upgrades include private fenced xeriscape courtyards, steel privacy panels with metal gates, security screen doors, rekeyable locks, and a shared rear yard with cedar fencing and mature trees. 2019 renovations include four 14 SEER HVAC systems, energy efficient windows, Hardie board siding, and a repaved parking lot with eight dedicated spaces plus street parking. Unit features include gas ranges and refrigerators, dishwasher hookups, laundry hookups, decorative fireplaces in Units 101 and 104, ceramic tile and vinyl plank flooring, no carpet, and select patio or French doors. Corner lot with mature trees and low maintenance landscaping. Indiv-package, 9007 Quail Valley 6126992.

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$244
Listed
169 days ago

Home Details for 8616 Putnam Dr

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8
Dimensions and Layout
Living Area: 4078 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Phone AvailableAppliances: Disposal, Oven, Refrigerator, Gas Water HeaterDisposalRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s), OtherHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 2Fireplace: See Remarks
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Linoleum, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Linoleum, Tile
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: Composition Shingle See RemarksPatio / Porch: PatioFencing: Privacy, See RemarksOther Structures: NoneExterior: Gutters FullFoundation: SlabNo Private Pool
Parking & Garage
No GarageNo Attached GarageParking: See Remarks
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 169

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New Construction
Property Information
Condition: ResaleParcel Number: 02411014010000

Price & Status

Price
List Price: $995,000Price Per Sqft: $244

Location

Direction & Address
City: AustinCommunity: Wooten Terrace Sec 03
School Information
Elementary School: WootenElementary School District: Austin ISDJr High / Middle School: Burnet (Austin ISD)Jr High / Middle School District: Austin ISDHigh School: Navarro Early CollegeHigh School District: Austin ISD

Agent Information

Listing Agent
Listing ID: 3877142

Community

Community Features: See Remarks

HOA

No HOA

Lot Information

Lot Area: 8049.888 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 3877142Attribution Contact: (877) 897-7275

Additional Information

See Remarks
Last check for updates: about 6 hours ago
Listing courtesy of Aaron Jistel, (877) 897-7275
ListingSpark, (877) 897-7275
Source: Unlock MLS, MLS#3877142
Also Listed on Unlock MLS.

Price History for 8616 Putnam Dr

DatePriceEventSource
11/18/2025$995,000Listed For SaleUnlock MLS #3877142
11/18/2025$995,000ListingRemovedUnlock MLS #4784058
11/10/2025$995,000PriceChange
Unlock MLS #4784058
10/02/2025$1,150,000PriceChange
Unlock MLS #4784058
01/14/2025$1,250,000PriceChange
Unlock MLS #4784058
11/17/2024$1,400,000Listed For SaleUnlock MLS #4784058

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Property Tax and Assessment

Year2025
Tax$12,190
Assessment$595,662
Home facts updated by county records

Assigned Schools

These are the assigned schools for 8616 Putnam Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Wooten
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wooten

At least 18 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 86 % Say car is needed

  • 73 % Say kids play outside

  • 72 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 70 % Say there are sidewalks

  • 68 % Say parking is easy

  • 56 % Say it's quiet

  • 50 % Say it's walkable to restaurants

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say streets are well-lit

  • 41 % Say there's wildlife

  • 40 % Say neighbors are friendly

  • 38 % Say people would walk alone at night

  • 35 % Say there are community events

  • 32 % Say it's walkable to grocery stores

Learn more about our methodology.
  • Rachel Barton
    "This area feels safe but there some people experiencing houslessness that roam and camp nearby. I feel safe walking alone during the daytime. "
    0
    Flag
  • Ryan Mclaughlin
    "Great neighbors, great location. Walking distance to just about every necessity. Very dog friendly and a great walking neighborhood."
    0
    Flag
  • Trulia User
    "Wooten is a nice, quiet neighborhood with lots of mature trees. The park is nice and people are friendly on the street when you're walking. It's a safe place and comfortable for families. "
    1
    Flag
  • Trulia User
    "35 is a little congested and will take about 45 minutes to get downtown in average during the day, but if you hop over to MoPac it's not too bad, and shaves off about 10-15 minutes. Just don't go telling too many people, or it will get worse."
    1
    Flag
  • Trulia User
    "Allandale is quite conveniently located, between several major streets and highways, but you’d never know it. Our neighborhood is very quiet with wide, tree-lined streets and very little traffic at any hour. Quick access to downtown Austin, The Domain, or any of the excellent restaurants in the adjacent communities. "
    0
    Flag
  • Trulia User
    "Lived here for 5 years and love it! Neighbors are so friendly and helpful! There are plenty of parks for walking and playing. Close to downtown!"
    0
    Flag
  • Trulia User
    "This neighborhood is close to downtown. The neighbors are friendly. There is a neighborhood school. It is within walking distance of amazing restaurants. "
    0
    Flag
  • Trulia User
    "We have a park by our elementary school. People walk their dogs, stroll their children and play soccer and basketball. Everyone is so friendly and neighbors will help anyone who needs it. "
    0
    Flag
  • Trulia User
    "Our neighbors watch out for each other. When someone is in need people jump in to help. Families and dogs walk daily around the neighborhood and are very friendly!"
    0
    Flag
  • Becca H. G.
    "My neighborhood has ok access to public transportation. It has easy access to all major freeways in north Austin, and only takes 15-30 minutes to commute downtown. "
    0
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  • Becca H. G.
    "There are many young, professional families in the neighborhood, as well as original owners. Great neighborhood for walking to the park with your kids, and easy to commute to anywhere in Austin. "
    1
    Flag
  • Chavelita618
    "I love my neighborhood! I love that everything is so close by and that this neighborhood is very peaceful."
    1
    Flag
  • Chavelita618
    "I've been living in this neighborhood for 33 years and I have seen it grow so much. We are so conveniently close to everything! I Love it!!!"
    1
    Flag
  • Holly T.
    "The original Hathaway Drive area (from Shamrock north toward 183) consists of Hathaway Drive and Bowling Green Drive, and the connecting roads leading from Burnet Road. This area starts where the track field sits for Burnet Middle School. and is inhabited with quiet, orderly and hard working people who do not have dogs staked in the front yard nor is there any graffitti on fences, loud parties, crazy drivers, etc. Most of the homes were built in the early 1950's and are 100% limestone quarried from the area. Anything that is not limestone is much newer. There is another Hathaway/Bowling Green area at the southern end of the area when the school sits on Doris Drive. These are very small homes, usually with no or 1 car garages. These homes were built later, too, and are not in the area I discuss here.. I know nothing about that area, but there is a distinct difference in the two. My mother lived here in the house my grandfather built, and owned rent homes in the area. Even now previous tenants contact me wanting to know if "their home"tmight be sold to them. I think that speaks well of this neighborhood...how often do previous tenants try to buy the house they once rented ? There is traffic associated with Burnet Middle School, and soccer players who practice daily at the track field, and, of couse, an occasional driver tries to find a shortcut and gets lost. Ohlen Road is at one end of Hathaway, and it runs from Burnet to Research. The area is definitely part of a city...it is no longer as quiet (Research runs 24/7...) as when I was a child, but neighbors walk, ride bikes, and just hang out much like then. Homes sell quickly, and the location can't be beat if you commute via MoPac, Research or IH 35. I know nothing about the schools anymore, but have not heard of or seen any crime in the area so I guess it's pretty low in these few blocks anyway."
    6
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  • Lea
    "If you like to hear your car alarm going off @ two in the morning. Or, going for a walk with your kid and dog & relize that the mad looking pitbull you thought was chained up in front of the house you just past wasn't chained up anymore now it is following you. My daughter was very scared! The traffic and parking is horrible. Probably because nobody parks in their driveways, and because of all the cars parked on the street you can't see around corners @ intersections. The same speeding red car has nearly T-boned me twice. The schools aren't worth talking about."
    2
    Flag

LGBTQ Local Legal Protections

Aaron Jistel, ListingSpark, (877) 897-7275
Agent Phone: (877) 897-7275
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-05-06 08:26:41 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. Click here for more information
8616 Putnam Dr, Austin, TX 78757 is a 8 bedroom, 8 bathroom, 4,078 sqft multi-family built in 1968. 8616 Putnam Dr is located in Wooten, Austin. This property is currently available for sale and was listed by Unlock MLS on Nov 18, 2025. The MLS # for this home is MLS# 3877142.