$1,050,000
 $5,637 est/mo Sourced by Back At You

5306 Indio Cv,Austin, TX 78745

Austin, TX 78745

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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!

Details

MLS#4859294
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1983
Days On Site26
Listing Provided ByDouglas Elliman Real Estate | Ryan Rogers

Features

SQ Feet4,240
Car PortYes
Story(s)2
Acreage0.42
Water FrontYes
Property ViewCreek, Stream

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of April 27, 2025 at 10:21:56 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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StateTX
CountyTravis
CityAustin
Zip Code78745
Area10N
Community NameCherry Creek Ph V Sec 01
School DistrictCrockett
Elementary SchoolSunset Valley
Middle SchoolCovington
High SchoolCrockett
Listing VS Median (in Cherry Creek Ph V Sec 01)
Price:
$1,050,000
low | high
Med:
$1,873
100% of Average
SqFt:
4,240
low | high
Med:
1,908
100% of Average
$ / SqFt:
$248
low | high
Med:
$1
100% of Average
On site:
26
low | high
Med:
59.500000
43.697478991597% of Average
Sourced by Back At You
Listing Updated: April 3, 2025 at 4:56:01 AM PDT