Incredible Investment Opportunity in Colorado Hills Estates 78741 This prime duplex sits just minutes from Downtown Austin and directly across from Lady Bird Lake, making it a rare opportunity for investors seeking strong rental income and long-term appreciation potential. The property spans 2,568 sq ft on a generous 0.35-acre lot (15,072 sq ft), offering multiple options for redevelopment or continued rental use. Positioned near East Riverside and Downtown Austin, this duplex is surrounded by new high-rise apartments, luxury condos, modern townhomes, and vibrant retail. The area is in high demand among professionals, healthcare workers, and UT Austin students who value walkability, energy, and proximity to the city's core. Whether you are looking for steady cash flow today or long-term upside tomorrow, this property offers a unique chance to invest in one of Austin's fastest-growing neighborhoods Recent pricing adjustment reflects needed foundation and roof repairs. Estimates and full inspection report available upon request.
Other Interior Features: Ceiling Fan(s), Beamed Ceilings
Exterior & Building
Stories: 1
Water Source: Public
Utilities: Electricity Available
Pool: None
Roof: Composition
Lot Features: Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
Parking: None
Heat Type: Central
Air Conditioning: Ceiling Fan(s), Central Air
Sewer: Public Sewer
Substructure: Slab
Disability Features: None
Other Exterior Features: None
Financial
Sales Price: $520,000
Real Estate Tax: $15,095/yr
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