8405 Riverstone DR, Austin TX 78724

$345,000
8405 Riverstone DR, Austin TX 78724,
Active
$345,000


MLS Area: 3E
County:
MLS # 7721422

8405 Riverstone DR, Austin TX 78724, , TX 78724

About this property

Great investment income property, fully leased and cash flowing from day one. Offered at $345,000, which is below a recent appraisal. This fully occupied duplex features two spacious 3 bedroom 2 bathroom units generating $1,700 per month in rent per unit, totaling $3,400 per month or $40,800 per year in gross rental income. 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.

Basic Property Information

<strong>Dwelling Size - </strong> 2,432 ft2
From Public Records
<strong>Year Built - </strong> 2002
<strong>Stories - </strong> One
<strong>Foundation - </strong> Block,Pillar/Post/Pier
<strong>Garage - </strong> 0
Additional Parking,Driveway,Off Street
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.2069
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 0

School District

<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Overton
<strong>Middle - </strong> Garcia
<strong>Senior High - </strong> Lyndon B Johnson (Austin ISD)

Home Owners Association

Amenities and Features

Other Features
Dishwasher
Disposal
Electric Water Heater
Electrical Utility Available
Exterior Steps
Free-Standing Range
Microwave
Pantry
Refrigerator
Walk-In Closet(s)

Utilities

Heating: Central,Ductless
Cooling: Central Air,Electric,Wall/Window Unit(s)
Electricity Connected,Sewer Connected,Water Connected

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> North
<strong>Flooring - </strong> Laminate
<strong>View - </strong> None
<strong>Lot Features - </strong> Level,Public Maintained Road,Trees-Small (Under 20 Ft)
<strong>Sellers Representative - </strong> My Castle Realty
(713) 683-0054
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> None

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 10/29/2026 through 10/29/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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