Property Description

Tucked away on a quiet, tree-lined street in the heart of East Austins thriving Riverside Corridor, 913 Valdez Units A & B present a rare opportunity to own a versatile, modern compound with income potential. This unique property features two detached residences with no shared walls and no HOA. Unit A offers 3 bedrooms and 2.5 baths, with an open-concept layout designed for comfortable living and effortless entertaining. The spacious kitchen flows seamlessly into the main living area, while the upstairs primary suite boasts a walk-in shower and private balcony retreat. Thoughtfully built with energy efficiency in mind, the home includes spray-in foam insulation and a tankless gas water heater. Privately situated behind an electric gate, Unit B is a well-appointed 2-bedroom, 2-bath residence currently leased to a reliable tenant at $2,400/month, providing immediate and consistent income. The tenant has expressed interest in renewing, making this an ideal setup for investors or owner-occupants seeking supplemental rental revenue. Perfectly suited for a variety of living strategies, buyers can occupy Unit A while maintaining long-term income from Unit B, or explore short-term rental opportunities.Enjoy unbeatable convenience just 7?10 minutes from Downtown Austin and Austin-Bergstrom International Airport, with easy access to I-35, Hwy 183, and Hwy 71. Outdoor enthusiasts will appreciate proximity to Lady Bird Lake and Roy G. Guerrero Park, while major employers like Tesla and Oracle are just minutes away. Located near the transformative 109-acre River Park mixed-use development at East Riverside and Pleasant Valley, this property is well-positioned to benefit from ongoing growth and investment in one of Austins most dynamic neighborhoods.Units A & B combined: $899,900Unit A: 3 bed, 2.5 bath, 1,498 sqft, private balcony, paved patio, covered parking: $550,000Unit B: 2 bed, 2.5 bath, 1104 sqft, private balcony, covered parking: $375,000

Property Features

Local Schools