Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Green-Mills & Associates
Property view
Listing view 2
Listing view 3

8403 Riverstone Dr, 
Austin, TX 78724

$345,000


Bed


Bath


2,160

Sq Ft


Multi-Family

Active

Listed by

Polly Richards

My Castle Realty

713-683-0054

Last updated:

July 22, 2025, 05:39 PM

MLS#

9742842

Source:

ACTRIS

About This Home

8403 Riverstone Dr

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 $1,750 per month in rent per unit, totaling $3,500 per month or $42,000 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.

Home Facts

Multi-Family

Built in 2002

Price Summary

345,000

$159 per Sq. Ft.

MLS #:

9742842

Last Updated:

July 22, 2025, 05:39 PM


Rooms & Interior

Interior

Living Area:

2,160 Sq. Ft.


Structure

Structure

Building Area:

2,160 Sq. Ft.

Year Built:

2002


Finances & Disclosures

Finances

Price:

$345,000

Price per Sq. Ft:

$159 per Sq. Ft.

Source:ACTRIS
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.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.