8203 Riverstone DR, Austin TX 78724

Austin, TX 78724 | Colony Meadows

0 Beds
Baths
2,356 Sq Ft
0.1932 Acres
2002 Built

About This Property

Great investment income property, fully leased and cash flowing from day one. Offered at $310,000, which is below a recent $497,000 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!

Features

  • Pantry
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Overton
Middle School Garcia

Property Details

Property Type Residential Income
Flooring Laminate
Cooling Central Air, Electric, Wall/Window Unit(s)
Heating Central, Ductless
Exterior Exterior Steps
County Travis
MLS # 9129172

Tax Information

Annual Taxes (MLS) $6,553 (2025)

Listing History

MLS# 9129172 83 days
Oct 9, 2025 Off Market
Sep 26, 2025 Price Change $310,000
Jul 18, 2025 Listed $345,000

Frequently Asked Questions About 8203 Riverstone DR, Austin TX 78724

When was 8203 Riverstone DR, Austin TX 78724 built?

8203 Riverstone DR, Austin TX 78724 was built in 2002.

How much does 8203 Riverstone DR, Austin TX 78724 cost?

8203 Riverstone DR, Austin TX 78724 is currently off market.

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