8405 Riverstone DR, Austin TX 78724
Ed's Opinion of Value
Listing History
This property was listed at $310,000 and expired after 83 days on market. The price was reduced from $330,000 to $310,000. This listing activity factors into the valuation.
78724 Market Trends
Recently Sold Comparables
About This Property
Great investment income property, fully leased and cash flowing from day one. Offered at $310,000, which is below a $497,000 recent appraisal. This fully occupied duplex features two spacious 3 bedroom 2 bathroom units generating $1,700 & $1,600 per month in rent per unit, totaling $3,300 per month or $39,600 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
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Schools
Property Details
Tax Information
Listing History
| Oct 9, 2025 | Off Market | ||
| Sep 26, 2025 | Price Change | $310,000 | |
| Jul 18, 2025 | Listed | $345,000 |
| Oct 1, 2018 | Off Market | ||
| Sep 13, 2018 | Listed | $1,100 |
| Nov 27, 2018 | Off Market | ||
| Sep 13, 2018 | Listed | $1,100 |
| May 1, 2018 | Off Market | ||
| Feb 1, 2018 | Listed | $206,700 |
| Feb 1, 2018 | Off Market | ||
| Jan 30, 2018 | Listed | $206,700 |
| Jul 6, 2016 | Off Market | ||
| Jun 29, 2016 | Listed | $189,500 |
| Mar 21, 2011 | Off Market | ||
| Feb 14, 2011 | Listed | $695 |
| Aug 1, 2010 | Off Market | ||
| Mar 24, 2010 | Listed | $795 |
| Mar 29, 2007 | Off Market | ||
| Jan 23, 2007 | Listed | $850 |
| Dec 31, 2006 | Off Market | ||
| Aug 17, 2006 | Listed | $850 |
Frequently Asked Questions About 8405 Riverstone DR, Austin TX 78724
When was 8405 Riverstone DR, Austin TX 78724 built?
8405 Riverstone DR, Austin TX 78724 was built in 2002.
How much does 8405 Riverstone DR, Austin TX 78724 cost?
8405 Riverstone DR, Austin TX 78724 is currently off market.
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