8203 Riverstone Dr, Austin, TX 78724

Local realty services provided by:ERA Experts
Listed by:polly richards
Office:my castle realty
MLS#:9129172
Source:ACTRIS
8203 Riverstone Dr,Austin, TX 78724
$310,000
  • - Beds
  • - Baths
  • 2,356 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$310,000
  • Price per sq. ft.:$131.58

About this home

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!

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Home facts

  • Year built:2002
  • Listing ID #:9129172
  • Updated:October 03, 2025 at 03:40 PM

Rooms and interior

  • Living area:2,356 sq. ft.

Heating and cooling

  • Cooling:Central, Ductless
  • Heating:Central, Ductless

Structure and exterior

  • Roof:Composition
  • Year built:2002
  • Building area:2,356 sq. ft.

Schools

  • High school:Lyndon B Johnson (Austin ISD)
  • Elementary school:Overton

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$310,000
  • Price per sq. ft.:$131.58
  • Tax amount:$6,553 (2025)
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.

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