8203 Riverstone DR, Austin, TX 78724 - MLS#9129172

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Patrick Roppolo

patrick@austinareapro.com +1(512) 970-6820

$345,000

Est. payment - /mo

2,356 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,356 sqft

Price per Sqft $146

Subdivision Colony Meadows Sec 02

MLS Listing ID 9129172

HOA Y/N No

Year Built 2002

Annual Tax Amount $6,552

Tax Year 2025

Lot Size 8,415 Sqft

Acres 0.1932

Property Sub-Type Duplex

Source actris

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 $1,700 & $1450 per month in rent per unit, totaling $3,150 per month or $37,800 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. 2 other Identical Units available; Sold individually or as a bundle!

Location

State TX

County Travis

Interior

Interior Features Pantry, Walk-In Closet(s)

Heating Central, Ductless

Cooling Central Air, Electric, Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater

Exterior

Exterior Feature Exterior Steps

Fence Fenced, Privacy, Wood

Community Features None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View None

Roof Type Composition

Porch None

Building

Lot Description Level, Public Maintained Road, Trees-Small (Under 20 Ft)

Faces North

Foundation Block, Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

New Construction No

Schools

Elementary Schools Overton

Middle Schools Garcia

High Schools Lyndon B Johnson (Austin Isd)

School District Austin Isd

Others

Pets Allowed Call

Special Listing Condition Standard

Pets Allowed Call

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Listed by My Castle Realty

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Patrick Roppolo

+1(512) 970-6820

Agent | License ID: 545352

Agent License ID: 545352

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8203 Riverstone DR Austin, TX 78724

Patrick Roppolo

Key Details

Location

Interior

Exterior

Building

Schools

Others

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