8203 Riverstone Dr
Austin, TX 78724
-- Bed2 Baths2,356 Sq Ft15 Days on Market
Listing Agent & Comments
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 & $1450 per month in rent per unit, totaling $3,150 per month or $37,800 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. 2 other Identical Units available; Sold individually or as a bundle!
MLS# 9129172 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Living Area | 2,356 Sq.Ft. |
---|---|
Lot Size | 8,416 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | 2 |
Stories | 1 |
Year Built | 2002 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $6,885 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by Unlock MLS.
More Information On This Home
This home's estimated value
$342,079
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
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8203 Riverstone Dr., Austin, TX 78724
Multifamily-- Bed2 Baths2,356 Sq Ft15 Days on Market
Listing Agent & Comments
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 & $1450 per month in rent per unit, totaling $3,150 per month or $37,800 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. 2 other Identical Units available; Sold individually or as a bundle!
MLS# 9129172 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Living Area | 2,356 Sq.Ft. |
---|---|
Lot Size | 8,416 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | 2 |
Stories | 1 |
Year Built | 2002 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $6,885 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by Unlock MLS.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
8203 Riverstone Dr
Austin, TX 78724
-- Bed2 Baths2,356 Sq Ft15 Days on Market
Listing Agent & Comments
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 & $1450 per month in rent per unit, totaling $3,150 per month or $37,800 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. 2 other Identical Units available; Sold individually or as a bundle!
MLS# 9129172 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Living Area | 2,356 Sq.Ft. |
---|---|
Lot Size | 8,416 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | 2 |
Stories | 1 |
Year Built | 2002 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $6,885 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by Unlock MLS.
More Information On This Home
This home's estimated value
$342,079
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard