$850,000

Description

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.

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