Austin, TX 78745 5306 Indio Cv

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Presented By: Douglas Elliman Real Estate;
  • MLS# 4859294
  • 04/01/2025
  • Request Tour
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  • SQFT • 4,240

Home Details

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!
Presented By: Douglas Elliman Real Estate;

Interior Features for 5306 Indio Cv

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
FlooringLaminate, Linoleum, Tile
Interior AmenitiesCeiling Fan(s), Laminate Counters, No Interior Steps, Pantry, Recessed Lighting
Total Fireplaces
Window FeaturesAluminum Frames

General for 5306 Indio Cv

AccessibilityNone
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range
CityAustin
Community FeaturesNone
Construction MaterialsHardiPlank Type, Masonry – Partial
CoolingCeiling Fan(s), Central Air
CountyTravis
DirectionsSouth 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 ahea
DisclosuresSeller Disclosure, Seller Provided Survey Available
Elementary SchoolSunset Valley
Energy EfficientNone
Facing DirectionNortheast
Garage Spaces
Green SustainabilityNone
HOANo
HeatingCentral
High SchoolCrockett
LevelsTwo
Lot Size Square Feet18168.88
MLS Area10N
Middle/Junior High SchoolCovington
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesDeck
Pets AllowedAll
Property ConditionResale
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCherry Creek Ph V Sec 01
Tax Annual Amount18434.99
Tax Assessed Value930208
Tax Year2024
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
ViewCreek/Stream
Virtual TourClick here
Virtual TourClick here
Waterfront FeaturesCreek
Year Built1983
Year Built SourcePublic Records

Exterior for 5306 Indio Cv

Covered Spaces
Exterior AmenitiesBalcony
FencingNone
Foundation DetailsSlab
Horse Y/NNo
Lot FeaturesBack Yard, Cleared, Cul-De-Sac, Curbs, Front Yard, Level, Public Maintained Road, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
Lot Size Acres0.4171
Other EquipmentNone
Parking FeaturesCarport, Common, Driveway
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Covington Middle School
Elementary School Sunset Valley Elementary School
High School Crockett High School

Christine Keeton

Price $995,000
MLS#4859294
List Date 04/01/2025
Property Type Income
Phone 254.415.0443
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