SHAPIROGROUP
A prime value-add opportunity in the heart of East Austin, just off Riverside. This 3/2 is ideal for the investor, flipper, or buy-and-hold landlord looking for upside in one of Austin's most sought-after corridors. The home needs a full cosmetic rehab plus some major systems work, and contractor bids are already in hand.. making it easy to hit the ground running. Spacious bedrooms, a 2-car garage, and a spacious backyard give the next owner great bones to work with. Location is where this one truly delivers. Minutes from Downtown Austin, the airport, Oracle, Tesla, and Lady Bird Lake trails, with the highly anticipated River Park development just around the corner. The planned Blue Line Metro adds even more long-term appeal to an already strong location. More photos and contractor bids available upon request. Buyer to perform independent due diligence on ARV, rehab costs, and investment strategy.
Bedrooms
3
Bathrooms
2
Square Feet
1,203
Lot Size
0.1011 acres
Year Built
2006
Garage
2 car
Stories
1
Tax Assessed
$349,521 (2026)
Property Tax
$7,088.98/yr (2026)
Type
Single Family
Status
Active
Shapiro Group
Last checked 26m ago.
As assigned by the MLS listing; verify with the district.
7608 Cayenne Ln
Austin, TX 78741
Loan Term
Est. Monthly Payment
$1,891
Property tax is the county's 2026 bill of $7,089, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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