$1,050,000

5306 Indio Cv Austin, TX 78745

$10,000
Closing credit¹
0 beds
4,240 sqft
0.4 acres
$248 / 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

  • MLS Number: 4859294
  • MLS Name: ACTRIS
  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (512) 413-9456
  • Listing Agent: Ryan Rogers

IDX 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.

IDX 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: 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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view of front of home featuring stairs and a chimney

$1,050,000

5306 Indio Cv

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

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)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • LexusLexus

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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