8203 Riverstone DR, Austin TX 78724, Austin, 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 $500,000 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
School District
Home Owners Association
Amenities and Features
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
Walk Score
Based on information from the Austin Board of REALTORS® for the period 07/21/2025 through 07/21/2025. 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.
