411 Thelma DR
Austin, TX, 78745
$375,000
Beds
0 Baths
1,900 SqFt
0.38 Acres
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MLS #5052387 image #0
Turnkey South Austin income-producing duplex with a proven rental track record! Each side-by-side unit features 2 bedrooms, 2 full baths, a spacious living area with a fireplace, and modern finishes like luxury vinyl plank flooring. Situated on an oversized lot (approx. 0.377 acres), tenants enjoy one of the largest backyards in the area. The expansive lot size may offer future development potential, such as subdivision,(buyer to verify all possibilities with the City of Austin). With units currently rented out for $2,900/month total (both combined), this property offers strong cash flow potential. Its prime location offers tenants unbeatable convenience, with Southpark Meadows, Westgate Shopping Center (Central Market), HEB and Sunset Valley just minutes away. Plus, it provides a straightforward commute to downtown and quick access to major highways like I-35, Mopac, and Hwy 290/71. The adjacent duplex at 413 Thelma is also for sale, and both properties can be purchased together for $749,000. This provides a unique opportunity to acquire four rental units side-by-side for simplified management and greater long-term value. Don’t miss this rare investment opportunity!
Listing Provided Courtesy of Keller Williams Realty

Property Details

Price:
$375,000
MLS #:
5052387
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Buckingham Estates Sec 03
Listed Date:
Mar 24, 2026
Finished Sq Ft:
1,900
Lot Size:
16,422 sqft / 0.38 acres (approx)
Year Built:
1981
Buckingham Estates Sec 03Austin IsdPleasant HillCovingtonCrockettNoneDogs Ok

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Schools

School District:
Austin ISD
Elementary School:
Pleasant Hill
Middle School:
Covington
High School:
Crockett

Interior

Appliances
Dishwasher, Free-Standing Range, Refrigerator
Cooling
Central Air
Fireplaces Total
2
Flooring
Carpet, Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Primary Bedroom on Main, Recessed Lighting
Levels
One

Exterior

Accessibility Features
None
Community Features
None
Direction Faces
NE
Exterior Features
None
Fencing
Privacy, Wood
Lot Features
Back Yard, Curbs, Front Yard
Other Structures
None
Parking Features
Carport
Patio And Porch Features
None
Roof
Shingle
View
None
Waterfront Features
None
Window Features
See Remarks

Financial

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Multi Family in Austin as of May 06, 2026
188
Multi Family Listed
118
Avg DOM
298
Avg $ / SqFt
$762,094
Avg List Price

Property Summary

    Located in the Buckingham Estates Sec 03 subdivision, 411 Thelma DR Austin TX is a Multi Family for sale in Austin, TX, 78745. It is listed for $375,000 To schedule a showing of MLS#5052387 at 411 Thelma DR in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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411 Thelma DR
Austin, TX