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Derek Pflaum

derek@atxareahome.com +1(512) 788-0038

$ 799,000

Est. payment | -/mo

2,602 SqFt

Save

$ 799,000

Est. payment | -/mo

Save

2,602 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,602 sqft

Price per Sqft $307

Subdivision Chernosky 16

MLS Listing ID 9659128

HOA Y/N No

Year Built 2021

Annual Tax Amount $13,567

Tax Year 2025

Lot Size 5,906 Sqft

Acres 0.1356

Property Sub-Type Duplex

Source actris

Property Description

Tucked away on a quiet, tree-lined street in the heart of East Austin's rapidly growing Riverside Corridor, 913 Valdez Units A & B present an attractive entry point for an investor or small developer seeking both immediate income and future upside. This unique property features two detached residences with no shared walls and no HOA, offering flexibility in use and exit strategies. The property includes an income-producing unit already in place (Unit B), a well-appointed 2-bedroom, 2-bath residence currently leased to a reliable tenant at $2,400/month, delivering immediate and consistent cash flow. The tenant has expressed interest in renewing, providing stability from day one. Unit A offers value-add potential and flexibility, featuring 3 bedrooms and 2.5 baths with an open-concept layout designed for modern living. The spacious kitchen flows seamlessly into the main living area, while the upstairs primary suite includes a walk-in shower and private balcony. Built with energy efficiency in mind, the home includes spray-in foam insulation and a tankless gas water heater—features that appeal to both end users and renters alike. Ideal for multiple strategies, investors can continue leasing both units, live in Unit A while maintaining rental income from Unit B, or explore short-term rental opportunities. The configuration and zoning provide optionality that is increasingly rare in this submarket. Located just 7–10 minutes from Downtown Austin and Austin-Bergstrom International Airport, with easy access to I-35, Hwy 183, and Hwy 71, the property sits near major employment hubs including Tesla and Oracle. Additionally, it is positioned near the transformative 109-acre River Park mixed-use development at East Riverside and Pleasant Valley, further supporting long-term appreciation potential.

Location

State TX

County Travis

Interior

Interior Features Two Primary Suties, Ceiling-High, Interior Steps, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater

Exterior

Exterior Feature Private Yard

Fence Fenced, Privacy, Wood

Pool None

Community Features Trail(s)

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View None

Roof Type Composition

Porch Covered, Patio

Total Parking Spaces 2

Building

Lot Description Level, Trees-Small (Under 20 Ft)

Faces West

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Allison

Middle Schools Martin

High Schools Eastside Early College

School District Austin Isd

Others

Pets Allowed Cats OK, Dogs OK

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

Listed by DEN Property Group

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(512) 788-0038

derek@atxareahome.com

Austin

Learn More About LPT Realty

913 Valdez ST #A & B Austin, TX 78741