8405 Riverstone DR, Austin TX 78724

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

Overview

  • Updated On:
  • July 27, 2025
  • 2,432 ft2

Description

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.

Address: 8405 Riverstone DR, Austin TX 78724
City:
State/County:
Zip: 78724
Country: United States

Property Id: 8453330
Price: $345,000
Property Size: 2,432 ft2
Property Lot Size: 0 ft2
ACTRIS_LaundryLocation: Laundry Room
ACTRIS_TaxFilledSqftTotal: 2432
AccessibilityFeatures: None
CommunityFeatures: None
Cooling: Central Air,Electric,Wall/Window Unit(s)
DirectionFaces: North
ElementarySchool: Overton
ElementarySchoolDistrict: Austin ISD
Flooring: Laminate
FoundationDetails: Block,Pillar/Post/Pier
Heating: Central,Ductless
HighSchool: Lyndon B Johnson (Austin ISD)
ListOfficeName: My Castle Realty
LivingAreaSource: Public Records
LotFeatures: Level,Public Maintained Road,Trees-Small (Under 20 Ft)
MiddleOrJuniorSchool: Garcia
MLSAreaMajor: 3E
MlsStatus: Active
OtherStructures: None
ParkingFeatures: Additional Parking,Driveway,Off Street
PatioAndPorchFeatures: None
Roof: Composition
Sewer: Public Sewer
StateOrProvince: TX
TaxAnnualAmount: 6691.81
Utilities: Electricity Connected,Sewer Connected,Water Connected
View: None
WaterfrontFeatures: None
WaterSource: Public
YearBuilt: 2002
ListingId: 7721422
ACTRIS_PropertyKey: 48453|499848|1|37115780
ListOfficePhone: (713) 683-0054
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: One
ModificationTimestamp: July 27, 2025 at 04:54pm
ACTRIS_EstimatedTaxes: 6691.81
Fencing: Back Yard,Wood
ACTRIS_Country: US
LotSizeArea: 0.2069
PropertyCondition: Resale

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

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Christina Catalano

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Christina Catalano