$10,000 Closing Credit¹
#3072205, Chris Amato, Listing office: Spyglass Realty
$995,000 List price
5306 Indio Cv Austin, TX 78745
$10,000
Closing credit¹
0 beds
4,240 sqft
0.4 acres
$235 / sqft
Multi-Family
Property details
About 5306 Indio Cv
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!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size4,240 sqft
Lot size0.4171 Acres
Year built1983
ParkingCommon, Carport, Driveway
MLS #4859294
WaterfrontCreek
ViewCreek/Stream
Summary
- Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Range
- Flooring Type: Laminate, Linoleum, Tile
- Interior: Ceiling Fan(s), Laminate Counters, No Interior Steps, Pantry, Recessed Lighting
- Parking: Common, Carport, Driveway
- Waterfront: Creek
- View: Creek/Stream
- Exterior: Balcony
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $995,000
- Price/SqFt: $234
- Annual Tax Amount: $19,021
- Tax Year: 2024
- Lot: Back Yard, Cleared, Cul-De-Sac, Front Yard, Level, Views
- Directions: 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.
- Year Built: 1983
- Stories: 2
- Living Area: 4,240 SqFt
- Lot Size: 0.4171 Acres
- MLS Number: 4859294
- MLS Name: ACTRIS
- Office Name: Douglas Elliman Real Estate
- Office Phone: (512) 413-9456
- Listing Agent: Ryan Rogers
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 6/7/2025, 7:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
5306 Indio Cv
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $930,208 | $19,021 |
| 2023 | $1,025,023 | $19,021 |
| 2022 | $963,130 | $19,021 |
| 2021 | $838,472 | $13,691 |
| 2019 | $614,902 | $13,188 |
| 2018 | $659,388 | $12,369 |
| 2017 | $558,685 | $9,702 |
History based on county public records data.
Nearby schools
8
Sunset Valley Elementary School
Public District EE-5
0.4 mi
•3000 Jones Rd
5
Cunningham Elementary School
Public District EE-5
0.8 mi
•2200 Berkeley Ave
5
Wayside Eden Park Academy
Public Charter PK-5
0.9 mi
•6215 Menchaca Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,011. Typical income of Austin, TX residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
52%
<35k
36%
35k-100k
8%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
11%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
32%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Pro Boxing
Where do the neighbors shop?
Banana Republic
H&M
IKEA
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Quiznos
What do the neighbors drive?
Toyota
Volkswagen
Lexus
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5306 Indio Cv
The listing price of 5306 Indio Cv property is $995,000.
The property 5306 Indio Cv is a multi located in Austin, Texas, 78745.
Active Listing: 5306 Indio Cv is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5306 Indio Cv are: Sunset Valley Elementary School (GreatSchools Rating 8/10), Cunningham Elementary School (GreatSchools Rating 5/10), Wayside Eden Park Academy (GreatSchools Rating 5/10), Covington Middle School (GreatSchools Rating 5/10), Bedichek Middle School (GreatSchools Rating 2/10), Small Middle School (GreatSchools Rating 7/10), Crockett High School (GreatSchools Rating 4/10), Austin Oaks (GreatSchools Rating 2/10), Premier High School of Austin (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $19,021 (source: MLS/based on county public records data).
The property 5306 Indio Cv is 4,240 SqFt (source: MLS/tax record).
The year of construction for 5306 Indio Cv is 1983.
This home is located at 5306 Indio Cv in Austin, TX and zip code 78745 in the Southwest neighborhood. This 4,240 square foot home, which was built in 1983, sits on a 0.42 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $995,000.
Austin, TX housing market in May 2025 saw over 134 listings sold above listed price, more than 152 sold at listed price and over 636 sold below. Between April and May 2025, Austin, TX real estate market has seen increase in the number of listings by 17.3%. Listings spent 47 days on the market in May 2025, and had a median list price of $575,934 during the same period.
From Rocket Homes Real Estate and based on county public records data.