Incredible Investment Opportunity in Colorado Hills Estates 78741
This prime duplex sits just minutes from Downtown Austin and directly across from Lady Bird Lake, making it a rare opportunity for investors seeking strong rental income and long-term appreciation potential.
The property spans 2,568 sq ft on a generous 0.35-acre lot (15,072 sq ft), offering multiple options for redevelopment or continued rental use.
Positioned near East Riverside and Downtown Austin, this duplex is surrounded by new high-rise apartments, luxury condos, modern townhomes, and vibrant retail. The area is in high demand among professionals, healthcare workers, and UT Austin students who value walkability, energy, and proximity to the city’s core.
Whether you are looking for steady cash flow today or long-term upside tomorrow, this property offers a unique chance to invest in one of Austin’s fastest-growing neighborhoods
Recent pricing adjustment reflects needed foundation and roof repairs. Estimates and full inspection report available upon request.
Basic Property Information
<strong>Dwelling Size - </strong> 2,568 ft2
From Public Records
<strong>Year Built - </strong> 1970
<strong>Stories - </strong> One
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 0
None
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.346
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 2
Living Room
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Sanchez
<strong>Middle - </strong> Martin
<strong>Senior High - </strong> Travis
Home Owners Association
Amenities and Features
Other Features
Beamed Ceilings
Ceiling Fan(s)
Dishwasher
Disposal
Electrical Utility Available
Free-Standing Range
None
Refrigerator
Utilities
Heating: Central Cooling: Ceiling Fan(s), Central Air Electricity Available
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> SW
<strong>Flooring - </strong> Laminate
<strong>View - </strong> See Remarks
<strong>Lot Features - </strong> Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
<strong>Sellers Representative - </strong> Compass RE Texas, LLC
(512) 575-3644
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> None
Walk Score
Based on information from the Austin Board of REALTORS® for the period 10/11/2026 through 10/11/2026. 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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