5306 Indio Cove

Austin, TX 78745

  • 8 Bed(s)
  • 8 Bath(s)
  • 4,240 Sqft
  • 0.4171
    Acre(Lot)
$1,050,000

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 Type

    ResidentialIncome

  • Subdivision

    Cherry Creek Ph V Sec 01

  • County

    Travis

  • Style

    ResidentialIncome

  • AD ID

    49174743

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Property Details

  • Interior Features

    • CeilingFans,LaminateCounters,NoInteriorSteps,Pantry,RecessedLighting
    • Roof: Composition

    Roofing Information

    • Composition

    Flooring Information

    • Laminate,Linoleum,Tile

    Heating & Cooling

    • Heating: Central
    • Cooling:

  • Building Information

    • Year Built: 1983

    Exterior Features

    • Balcony

  • Lot Information

    • Lot Description: BackYard,Cleared,CulDeSac,FrontYard,Level,TreesLargeSize,TreesMediumSize,Views
    • Main Square Feet: 0.4171

    Property Information

    • Subdivision: Cherry Creek Ph V Sec 01

  • Tax Information

    • Annual Tax: $18434.99

  • Parking Information

    • Common,Carport,Driveway

  • School Information

    • Elementary School: Sunset Valley
    • Junior High School: Covington
    • Senior High School: Crockett

    Utility Information

    • CableAvailable,ElectricityAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected

    Location Information

    • Direction: South Lamar/Highway 290 Service Road to Westgate. Turn right onto Westgate past Central Market to Indio Drive. Left on Indio Drive to Indio Cove. Right into Indio Cove and the 4-plex is straight ahead.
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BuyOwner last updated this listing 04/05/2025 @ 04:33

  • MLS: 4859294
  • LISTING PROVIDED COURTESY OF: Ryan Rogers, Douglas Elliman Real Estate
  • SOURCE: ACTRIS

is a Home, with 8 bedrooms which is for sale, it has 4,240 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.