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Courtesy of: My Castle Realty, (713) 683-0054, Polly Richards
Local Realty Services Provided By: Keller Williams Realty
US / TX / Austin / Colony Park/Lakeside / 8403 Riverstone Drive
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US / TX / Austin / Colony Park/Lakeside / 8403 Riverstone Drive
8403 Riverstone Drive, Austin, TX 78724
sq ft
ac
US / TX / Austin / Colony Park/Lakeside / 8403 Riverstone Drive

8403 Riverstone Drive, Austin, TX 78724

Estimation provided by Keller Williams Realty, LLC.
sq ft
ac
Active
For Sale
Open House:
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Property Description

Great investment income property, fully leased and cash flowing from day one. Offered at $345,000, which is below a recent $500,000 appraisal. This fully occupied duplex features two spacious 3 bedroom 2 bathroom units generating $1,600 per month in rent per unit, totaling $3,200 per month or $38,400 per year in gross rental income. *Rent prices are subject to change.* Titled as real property, this is a rare opportunity to secure instant equity, consistent cash flow, and a turnkey asset in a high demand rental market. The property has a strong rental history and stays rented. Among the strongest cap rate opportunities currently available in Austin. Potential to refinance after purchase and access equity based on current valuation. Do not disturb tenants. Showings allowed by appointment only.

Property Details

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Overview
Property Type
Duplex
Property Size
sq ft
Year Built
2002
Days on Site
16 Days
HVAC
Electric, Wall/Window Unit(s), Central, Central Air, Ductless
Parking
No
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Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Credit Score
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Transit & Commute

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Car-Dependent Walkable Very Walkable
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