8403 Riverstone DR
Austin, TX, 78724
$330,000
Beds
0 Baths
2,160 SqFt
0.2 Acres
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MLS #9742842 image #0MLS #9742842 image #1MLS #9742842 image #2MLS #9742842 image #3MLS #9742842 image #4
Great investment income property, fully leased and cash flowing from day one. Offered at $330,000, which is below a recent $500,000 appraisal. This fully occupied duplex features two spacious 3 bedroom 2 bathroom units generating $1,600 per month in rent per unit, totaling $3,200 per month or $38,400 per year in gross rental income. *Rent prices are subject to change.* 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.

Property Details

Price:
$330,000
MLS #:
9742842
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Colony Meadows Sec 02
Listed Date:
Jul 21, 2025
Finished Sq Ft:
2,160
Lot Size:
8,799 sqft / 0.20 acres (approx)
Year Built:
2002
Colony Meadows Sec 02Austin IsdOvertonGarciaLyndon B Johnson (austin Isd)Call

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Schools

School District:
Austin ISD
Elementary School:
Overton
Middle School:
Garcia
High School:
Lyndon B Johnson (Austin ISD)

Interior

Appliances
Dishwasher, Disposal, Microwave, Free- Standing Range, Refrigerator, Electric Water Heater
Cooling
Central Air, Electric, Wall/ Window Unit(s)
Flooring
Laminate
Heating
Central, Ductless

Exterior

Community Features
None
Exterior Features
Exterior Steps
Other Structures
None
Parking Features
Additional Parking, Driveway, Off Street
Roof
Composition

Financial

Taxes
$7,373

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Multi Family in Austin as of Sep 21, 2025
206
Multi Family Listed
134
Avg DOM
308
Avg $ / SqFt
$733,326
Avg List Price

Property Summary

    Located in the Colony Meadows Sec 02 subdivision, 8403 Riverstone DR Austin TX is a Multi Family for sale in Austin, TX, 78724. It is listed for $330,000 To schedule a showing of MLS#9742842 at 8403 Riverstone DR in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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