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.

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Interior Features

Living Area
2602
Price per Sqft
320.52
Levels
Two
Living Room
2
Flooring
Tile, Wood
# Other Level Beds
5
Dining Rooms
2
Main Level Bedrooms
0
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
2
Total Bathrooms
5
Fireplace
0
Laundry Location
Upper Level
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Patio And Porch Features
Covered, Patio
Window Features
None
Interior Features
2 Primary Suites, High Ceilings, Interior Steps, Recessed Lighting, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Tankless Water Heater, Gas Water Heater

Utilities

Utilities
Electricity Connected, Sewer Connected, Water Connected

Exterior Features

Roof
Composition
Waterfront
No
Property Condition
Resale
Foundation Details
Slab
View
No
Fencing
Fenced, Privacy, Wood
Water Source
Public
Other Structures
None
Spa Features
Parking Features
Carport
Pool
No
Lot Size
0.14 Acres
Sewer
Public Sewer
Exterior Features
Private Yard

School Information

Elementary School
Allison
Middle School
Martin
High School
Eastside Early College

Other Property Details

MLSⓇ ID
3381726
MLS Board
Unlock MLS
Direction Faces
West
Community Features
Accessibility Features
None
Lot Features
Level, Trees-Small (Under 20 Ft)
FEMA Flood Plain
No

TAX Details*

Annual Tax Amount
$13,567.48
Estimated Taxes
$13,567.00

HOA Details

HOA Fees
$0.00

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
639505
List Agent Name
Megan Colwart
Listing Broker
DEN Property Group
Off Market Date
2026-05-26
Contractual Search Date / Listed
2026-05-26

Other Details

Pets Allowed
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Amit Shanghvi

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