2004 Maxwell LnAustin, TX 78741

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.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

2023

Living area

2,617 Sq Ft

Lot size

0.15 acres

Garage spaces

2

Parking spaces

4

Days on market

84

MLS^® Listing#

1497620

Property Features

Exterior

None

Appliances

Gas Range · Water Heater

Cooling

Wall/Window Unit(s)

Heating

Space Heater

Flooring

Wood

Pool

None

Parking

Attached · Driveway · Garage

Laundry

None · Laundry Room

Patio

Porch

Fencing

Wood

Lot features

Back Yard · Front Yard · Level

Construction

Wood Siding

Foundation

Permanent · Slab

Roof

Metal

Other structures

None

Community

None

Utilities

Electricity Available · Natural Gas Available · Water Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Smith

Middle

Ojeda

High

Del Valle

Financial Details

HOA

None

Annual taxes

$13,934Tax year 2026

Assessed value

$673,100

Parcel number

03111601030000

Directions

Head East on 71. Exit Riverside and Turn Left. Turn Left on Maxwell Ln. Home will be on your Right hand side - 2004 Maxwell Ln.