411 THELMA DRIVE, AUSTIN, TX 78745
Homes for sale in Austin.
Homes for sale in 78745.
411 Thelma Drive
Austin, TX 78745
List Price$389,000
Listing #5052387
About This Property
Turnkey South Austin income-producing duplex with a proven rental track record! Each side-by-side unit features 2 bedrooms, 2 full baths, a spacious living area with a fireplace, and modern finishes like luxury vinyl plank flooring. Situated on an oversized lot (approx. 0.377 acres), tenants enjoy one of the largest backyards in the area. The expansive lot size may offer future development potential, such as subdivision,(buyer to verify all possibilities with the City of Austin). With units currently rented out for $2,900/month total (both combined), this property offers strong cash flow potential. Its prime location offers tenants unbeatable convenience, with Southpark Meadows, Westgate Shopping Center (Central Market), HEB and Sunset Valley just minutes away. Plus, it provides a straightforward commute to downtown and quick access to major highways like I-35, Mopac, and Hwy 290/71. The adjacent duplex at 413 Thelma is also for sale, and both properties can be purchased together for $749,000. This provides a unique opportunity to acquire four rental units side-by-side for simplified management and greater long-term value. Don't miss this rare investment opportunity!
Property Features
Location Information
County
Travis
Subdivision
Buckingham Estates Sec 03
County
Travis
Directions
West on William Cannon from I-35. Left on Bill Hughes, Right on Thelma
Area
10S
Interior Features
Interior
Ceiling Fan(s), Main Level Primary, Recessed Lighting
Floors
Carpet, Vinyl
Primary Bedroom On Main
Yes
Laundry
Multiple Locations
Has Fireplace
Yes
Disabled Features
None
Number of Fireplaces
2
Appliances
Dishwasher, Free-Standing Range, Refrigerator
Fireplace Description
Family Room
Total Number of Units
2
Heating
Central
Accessibility
None
Exterior Features
Style
Masonry
Garage Spaces
0
Stories
1
Fencing
Privacy, Wood
Is New Construction
No
Lot Size in Acres
0.377
Construction/Exterior
Masonry
Waterfront Description
None
Exterior
None
Has Waterfront
No
Foundation
Slab
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
Is One Story
Yes
Parking Description
Carport
School
Elementary School District
Austin ISD
Middle School
Covington
Elementary School
Pleasant Hill
High School
Crockett
Additional Information
Roof/Attic
Shingle
APN
04211102250000
Other Utilities
Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Status
Active
Property Type
RI
Pets
Dogs OK
Property SubType
Duplex
Documents Available
Survey
Year Built
1981
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$1,815
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,401
Monthly Tax
$324
Monthly Insurance
$90
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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