1. Texas
  2. Austin
  3. 5306 Indio CV
$995,000

5306 Indio CV, Austin, TX 78745

  • 4,240 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $235/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Prime Investment Opportunity in Austin: Quadplex at 5306 Indio Cove Located in the desirable Cherry Creek neighborhood, 5306 Indio Cove offers a rare investment opportunity with four well-maintained 2-bedroom, 2-bathroom units, each approximately 1,060 square feet. Situated on a large .4171-acre lot, this quadplex backs up to a beautiful creek, providing tenants with a peaceful and natural setting. The property features a new roof installed in 2020, offering added peace of mind for the new owner. Each unit has been thoughtfully maintained, providing spacious floorplans and modern amenities. All four units are currently occupied by tenants on a month-to-month lease, all of whom wish to remain in place, offering immediate rental income for the buyer. Built in 1983, this property is in excellent condition and presents a solid opportunity for long-term growth. Located within walking distance to Central Market South, residents enjoy easy access to shopping, dining, and entertainment, making it an ideal location for tenants. With easy access to public transportation and major roadways, this property is highly desirable. The large lot provides ample parking and outdoor space, and the quiet, creekside location further enhances its appeal. Whether you're looking to expand your portfolio or acquire a property with steady cash flow potential, 5306 Indio Cove offers the best of both worlds: a prime location in one of Austin’s most sought-after neighborhoods and a well-maintained property with strong rental demand. Don’t miss this fantastic investment opportunity in Austin!

Listing Status:
Active
Listing Office:
Douglas Elliman Real Estate : (512) 866-3795
Listing Agent:
Ryan Rogers : (512) 413-9456
MLS ID:
4859294
  • General: Ceiling Fan(s)Laminate CountersNo Interior StepsPantryRecessed Lighting
  • Rooms: Primary BedroomBedroomPrimary BathroomBathroom
  • Appliances: DishwasherDisposalExhaust FanGas Range
  • Laundry: Inside
  • Flooring: LaminateLinoleumTile
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone

This listing courtesy of Ryan Rogers, Douglas Elliman Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sunset Valley Elementary School

3000 Jones Rd, Austin, TX, 78745

Grades EE-5

0.42 miles away

C

Covington Middle School

3700 Convict Hill Rd, Austin, TX, 78749

Grades 6-8

1.86 miles away

C

Crockett High School

5601 Menchaca Rd, Austin, TX, 78745

Grades 9-12

0.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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