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Under Contract

$375,000

413 Thelma DR, Austin, TX 78745

Buckingham Estates Sec 03

1,900

Sq Ft

0.26

Acres

1981

Year Built

About This Property

Turnkey South Austin income-producing duplex with a proven rental track record! Each side-by-side unit features 2 bedrooms, 2 full baths, a spacious living area with a fireplace, and modern finishes like luxury vinyl plank flooring. Situated on a large 0.259-acre lot, the property boasts a spacious backyard, a highly sought-after amenity for tenants. With units currently rented out for $3,000/month total (both combined), this property offers strong cash flow potential. Its prime location offers tenants unbeatable convenience, with Southpark Meadows, Westgate Shopping Center (Central Market), HEB and Sunset Valley just minutes away. Plus, it provides a straightforward commute to downtown and quick access to major highways like I-35, Mopac, and Hwy 290/71. The adjacent duplex at 411 Thelma is also for sale, and both properties can be purchased together for $749,000. This provides a unique opportunity to acquire four rental units side-by-side for simplified management and greater long-term value. Don't miss this rare investment opportunity!

Property Details

Property TypeMulti-Family
MLS #2374311
Days on Market39
Lot Size11282.04 acres
Listed3/24/2026
Last Updated3/24/2026

Location

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Listing provided by Wendy Papasan · Keller Williams Realty · (512) 330-1004

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$375,000
$375,000 | 413 Thelma DR, Austin, TX 78745