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$515,000

404 Mesa DR, Del Valle, TX 78617

Rainbow East

Sq Ft2,609
Acres0.54
Year Built2016

About This Property

Don't miss this fully occupied duplex at 404 Mesa Dr. in Cedar Creek, offering an excellent opportunity for investors looking for immediate rental income and long-term growth. Each unit features 2 bedrooms and 2 full bathrooms, providing a desirable layout that appeals to a wide range of tenants. Both units are currently occupied by month-to-month tenants who have expressed interest in renewing their leases, giving the next owner flexibility to continue generating income with established renters or explore future options. Ideally located just minutes from some of Central Texas' largest employment hubs, including Tesla Gigafactory, Circuit of The Americas (COTA), SpaceX, and Austin-Bergstrom International Airport (ABIA), this property is positioned in a high-demand rental corridor. Commuting is easy with quick access to Highways 183, 71, and SH 130, connecting residents to Austin, Bastrop, and the surrounding areas. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers strong rental potential in one of the fastest-growing areas of Central Texas.

Property Details

Property TypeMulti-Family
MLS #4178636
Days on Market111
Lot Size0.54 acres
Listed7/24/2026
Last Updated7/24/2026

Location

County
Bastrop
School District
Bastrop ISD
MLS Area
BW

Size

Lot Description
See Remarks
$/Acre
$953,704

Improvements

Garage Spaces
2
Fence
None
Exterior Features
See Remarks
Heating
Central
Cooling
Central Air
Appliances
None
Flooring
See Remarks, Carpet, Laminate, Tile
Windows
None
Construction Materials
Stucco
Foundation
Slab
Roof
Shingle
Direction Faces
East
Patio / Porch
See Remarks
View
None
Community Features
None
Covered Spaces
2
Parking Features
Attached, Driveway

Location

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Listing provided by Anthony Harris · Compass RE Texas, LLC · (512) 784-9764

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$515,000