7608 Cayenne LnAustin, TX 78741

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

2006

Living area

1,203 Sq Ft

Lot size

0.10 acres

Garage spaces

2

Parking spaces

4

Ownership

Fee-Simple

Days on market

100

MLS^® Listing#

2494400

Property Features

Interior

Breakfast Bar · Ceiling Fan(s) · Tray Ceiling(s) · Eat-in Kitchen · Open Floorplan · Recessed Lighting · Master Downstairs · High Speed Internet

Exterior

Lighting · Private Yard

Appliances

Dishwasher · Disposal · Dryer · Microwave · Free-Standing Electric Range · Refrigerator · Stainless Steel Appliance(s) · Washer · Electric Water Heater

Cooling

Ceiling Fan(s) · Central Air

Heating

Central

Flooring

Carpet · Tile

Pool

None

Parking

Attached · Driveway · Garage · Garage Faces Front

Laundry

Laundry Room · Main Level

Patio

Covered · Front Porch · Rear Porch

Fencing

Back Yard · Fenced · Wood

Lot features

Back Yard · Front Yard

Construction

Brick · HardiPlank Type

Foundation

Slab

Roof

Composition · Shingle

Windows

Window Treatments

Security

Prewired

Other structures

None

Utilities

Cable Available · Electricity Connected · Phone Available · Sewer Connected · Underground Utilities · Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Baty

Middle

Ojeda

High

Del Valle

Financial Details

HOA

$22 / MonthlyAssociation: Riverside Meadows

Annual taxes

$7,089Tax year 2026

Assessed value

$349,521

Parcel number

03101803230000

Directions

From Downtown: South on IH-35. First exit to Riverside Dr. Head East on Riverside Dr. Left on Coriander Dr. Left on Cayenne Ln. Home is on the right.