5306 Indio Cove
Austin, TX 78745
4240 sqft | 0.42 acres | #4859294
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!
Property Details
- Utility FeaturesCable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Co
- Lot DescriptionBack Yard, Cleared, Cul De Sac, Front Yard, Level, Trees Large Size, Trees Medium Size, Views
- InteriorCeiling Fans, Laminate Counters, No Interior Steps, Pantry, Recessed Lighting
- Elementary SchoolSunset Valley
- ViewCreek Stream
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- SubdivisionCherry Creek
- School DistrictAustin ISD
- Original List Price$1,050,000
- Property SubtypeQuadruplex
- Middle SchoolCovington
- High SchoolCrockett
- Exterior MaterialsBalcony
- Taxes Annual$18,434
- MLS #4859294
- Cost1050000
- MLS #4859294
- Acres0.4171
- Utility SourcePublic
- CountyTravis
- Property ConditionResale
- Square Feet4240
- Year Built1983
- FoundationSlab
- Days on Market (Cumulative)2
- Pets1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-04-03 09:00:44 UTC. 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.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Ryan Rogers (#568022), Phone: (512) 413-9456
Listing Office: Douglas Elliman Real Estate (#700901)
Interested in Purchasing 5306 Indio Cove?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
