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USATXAustinCherry Creek Ph V Sec 015306 Indio Cv
5306 Indio Cv, Home with 0 bedrooms, 0 bathrooms and 8 parking in Austin TX | Image 1
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$995,000

5306 Indio Cv, Austin, TX

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4240 sqft
Garage No
Taxes $18,435
Days Active 65
Lot Size 
Approx. Age 1983
Avg. Price Per Sqft $234
MLS® Number 4859294

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity in Austin: Quadplex at 5306 Indio Cove Located in the desirable Cherry Creek neighborhood, 5306 Indio Cove offers a rare investment opportunity with four well-maintained 2-bedroom, 2-bathroom units, each approximately 1, 060 square feet. Situated on a large .4171-acre lot, this quadplex backs up to a beautiful creek, providing tenants with a peaceful and natural setting. The property features a new roof installed in 2020, offering added peace of mind for the new owner. Each unit has been thoughtfully maintained, providing spacious floorplans and modern amenities. All four units are currently occupied by tenants on a month-to-month lease, all of whom wish to remain in place, offering immediate rental income for the buyer. Built in 1983, this property is in excellent condition and presents a solid opportunity for long-term growth. Located within walking distance to Central Market South, residents enjoy easy access to shopping, dining, and entertainment, making it an ideal location for tenants. With easy access to public transportation and major roadways, this property is highly desirable. The large lot provides ample parking and outdoor space, and the quiet, creekside location further enhances its appeal. Whether you're looking to expand your portfolio or acquire a property with steady cash flow potential, 5306 Indio Cove offers the best of both worlds: a prime location in one of Austin’s most sought-after neighborhoods and a well-maintained property with strong rental demand. Don’t miss this fantastic investment opportunity in Austin!Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® Number4859294
Laundry LevelInside, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.4171
ExteriorBalcony
GarageNo
Approx. Age1983
Basement
DrivewayCommon, Carport, Driveway
Garage Spaces
HeatCentral
A/CCentral Air, Ceiling Fans
Heating Fuel

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