USATXAustinColony Meadows Sec 028203 Riverstone Dr
8203 Riverstone Dr, Home with 0 bedrooms, 0 bathrooms and null parking in Austin TX | Image 1
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$345,000

8203 Riverstone Dr, Austin, TX

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2356 sqft
Garage No
Taxes $6,553
Days Active 0
Lot Size 
Approx. Age 2002
Avg. Price Per Sqft $146
MLS® Number 9129172

Property Address: 

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

Description

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.Show Description
MLS® Number9129172
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.1932
ExteriorExterior Steps
GarageNo
Approx. Age2002
Basement
DrivewayNone
Garage Spaces
HeatCentral, Ductless
A/CCentral Air, Electric, Wall Window Units
Heating Fuel

Extras

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