#3072205, Chris Amato, Listing Office: Spyglass Realty
5306 Indio Cv Austin, TX 78745
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
Summary
- 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.
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Last updated on: 4/5/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,050,000
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. Residents of Austin, TX typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
Similar homes for sale
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 $1,050,000.
While more than 115 listings in Austin, TX in March 2025 were sold above asking price, there were more than 139 listings sold at asking price, and more than 529 were sold below. The inventory of homes for sale in Austin, TX between February and March 2025 increased by 28.6%. In March 2025 median list price was $577,151 and the average listing age was 67 days.