8403 Riverstone Dr, Austin, TX 78724

Local realty services provided by:Better Homes and Gardens Real Estate Hometown
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Listed by:polly richards
Office:my castle realty
MLS#:9742842
Source:ACTRIS
8403 Riverstone Dr,Austin, TX 78724
$330,000
  • - Beds
  • - Baths
  • 2,160 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$330,000
  • Price per sq. ft.:$152.78

About this home

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 $1,600 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.

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Home facts

  • Year built:2002
  • Listing Id #:9742842
  • Updated:August 24, 2025 at 02:58 PM

Rooms and interior

  • Living area:2,160 sq. ft.

Heating and cooling

  • Cooling:Central, Ductless
  • Heating:Central, Ductless

Structure and exterior

  • Roof:Composition
  • Year built:2002
  • Building area:2,160 sq. ft.

Schools

  • High school:Lyndon B Johnson (Austin ISD)
  • Elementary school:Overton

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$330,000
  • Price per sq. ft.:$152.78
  • Tax amount:$7,373 (2025)
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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