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5306 Indio CV
Austin, TX, 78745
$1,050,000
Beds
0 Baths
4,240 SqFt
0.42 Acres
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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

Price:
$1,050,000
MLS #:
4859294
Status:
Active
Beds:
0
Baths:
0
Address:
5306 Indio CV
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Cherry Creek Ph V Sec 01
City:
Austin
Listed Date:
Apr 2, 2025
State:
TX
Finished Sq Ft:
4,240
ZIP:
78745
Lot Size:
18,169 sqft / 0.42 acres (approx)
Year Built:
1983
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Schools

School District:
Austin ISD
Elementary School:
Sunset Valley
Middle School:
Covington
High School:
Crockett

Interior

Appliances
Dishwasher, Disposal, Exhaust Fan, Gas Range
Cooling
Ceiling Fan(s), Central Air
Flooring
Laminate, Linoleum, Tile
Heating
Central

Exterior

Community Features
None
Exterior Features
Balcony
Other Structures
None
Parking Features
Carport, Common, Driveway
Roof
Composition

Financial

Taxes
$18,435

Map

Community

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5306 Indio CV
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