2004 MAXWELL LANE, AUSTIN, TX 78741
Homes for sale in Austin.
Homes for sale in 78741.
List Price$850,000
2004 Maxwell Lane
Austin, TX 78741
Listing #1497620
2,617
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
Recently built - 2 units DETACHED, allowing for multiple exit strategies in the future (condo and sell separately). Long term tenants with room to increase rents. Nearne development at Pleasant valley and Riverside make this a very attractive area for young professional tenants or owner occupants who want an income property to offset housing expenses. An exceptional investment opportunity in the heart of East Austin's rapidly growing corridor, 2004 Maxwell Lane is being offered as a fully income-producing duplex featuring detached Unit A and Unit B residences, providing privacy and flexibility rarely found in today's market. Unit A is currently leased for $2,850 per month and Unit B generates $2,300 per month, creating immediate cash flow with a combined rental income of $5,150 monthly. The property consists of two separate homes thoughtfully positioned on the lot, each offering modern finishes, functional floorplans, private outdoor space, and independent living environments ideal for long-term tenants or owner-occupants seeking supplemental income. Located in the vibrant Montopolis area, residents enjoy unbeatable access to Downtown Austin, Austin-Bergstrom International Airport, Tesla Gigafactory, Oracle Campus, and major commuter routes including Highways 71, 183, and I-35. Outdoor enthusiasts will appreciate nearby Roy G. Guerrero Colorado River Park and the hike and bike trails along Lady Bird Lake, while local dining, coffee shops, shopping, and entertainment are just minutes away. The property also benefits from the ongoing Pleasant Valley/Riverside development, including a new music venue scheduled to open in early 2027, further enhancing the area's long-term growth and appeal, making this a premier turnkey investment in one of Austin's most dynamic and appreciating neighborhoods.
Property Features
Location Information
County
Travis
Subdivision
Montopolis
County
Travis
Directions
Head East on 71. Exit Riverside and Turn Left. Turn Left on Maxwell Ln. Home will be on your Right hand side - 2004 Maxwell Ln.
Area
9
Interior Features
Interior
None
Disabled Features
None
Number of Fireplaces
0
Appliances
Gas Range, Gas Water Heater
Heating
Space Heater
Total Number of Units
2
Floors
Wood
Accessibility
None
Laundry
None
Exterior Features
Style
Wood Siding
Garage Spaces
2
Stories
1
Fencing
Wood
Is New Construction
No
Lot Size in Acres
0.15
Construction/Exterior
Wood Siding
Waterfront Description
None
Exterior
None
Has Waterfront
No
Foundation
Permanent, Slab
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
Is One Story
Yes
Parking Description
Attached, Driveway, Garage
School
Elementary School District
Del Valle ISD
Middle School
Ojeda
Elementary School
Smith
High School
Del Valle
Additional Information
Roof/Attic
Metal
APN
03111601030000
Other Utilities
Electricity Available, Natural Gas Available, Water Available
Status
Active
Property Type
RI
Pets
Yes
Property SubType
Duplex
Documents Available
See Remarks
Year Built
2023
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$3,969
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,063
Monthly Tax
$708
Monthly Insurance
$198
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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