913 Valdez

Description

Tucked away behind an electric gate on a quiet, tree-lined street in East Austin’s rapidly growing Riverside Corridor, Unit B at 913 Valdez offers a rare opportunity for both investors and future owner-occupants seeking flexibility and value in a prime location. This well-appointed 2-bedroom, 2.5-bath residence (1,104 sqft) features a thoughtful layout, private balcony, and covered parking—ideal for comfortable, low-maintenance living just minutes from Downtown Austin, ABIA, and major employers like Tesla and Oracle. Currently leased at $2,400/month on a month-to-month basis, the property provides immediate income while preserving flexibility for the next owner. The tenant has expressed openness to signing a new long-term lease, giving buyers the option to secure stable cash flow—or take advantage of the month-to-month structure to plan for future occupancy or adjust terms as needed. Whether you're an investor looking for a turnkey rental or a buyer planning to occupy in the near future, this property offers the best of both worlds—income today and the ability to make it your own on your timeline. Ideally located near Lady Bird Lake, Roy G. Guerrero Park, and the transformative River Park development, this property is well-positioned to benefit from continued growth in one of Austin’s most dynamic neighborhoods. Units A & B combined: $799,000 Unit A: 3 bed, 2.5 bath, 1,498 sqft, private balcony, paved patio, covered parking: $475,000 Unit B: 2 bed, 2.5 bath, 1104 sqft, private balcony, covered parking: $365,000

Tucked away behind an electric gate on a quiet, tree-lined street in East Austin’s rapidly growing Riverside Corridor, Unit B at 913 Valdez offers a rare opportunity for both investors and future owner-occupants seeking flexibility and value in a prime location. This well-appointed 2-bedroom, 2.5-bath residence (1,104 sqft) features a thoughtful layout, private balcony, and covered parking—ideal for comfortable, low-maintenance living just minutes from Downtown Austin, ABIA, and major employers like Tesla and Oracle. Currently leased at $2,400/month on a month-to-month basis, the property provides immediate income while preserving flexibility for the next owner. The tenant has expressed openness to signing a new long-term lease, giving buyers the option to secure stable cash flow—or take advantage of the month-to-month structure to plan for future occupancy or adjust terms as needed. Whether you're an investor looking for a turnkey rental or a buyer planning to occupy in the near future, this property offers the best of both worlds—income today and the ability to make it your own on your timeline. Ideally located near Lady Bird Lake, Roy G. Guerrero Park, and the transformative River Park development, this property is well-positioned to benefit from continued growth in one of Austin’s most dynamic neighborhoods. Units A & B combined: $799,000 Unit A: 3 bed, 2.5 bath, 1,498 sqft, private balcony, paved patio, covered parking: $475,000 Unit B: 2 bed, 2.5 bath, 1104 sqft, private balcony, covered parking: $365,000

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Directions: East Riverside Dr, left onto Vargas Rd,Turn right onto Montana St,Turn left onto Valdez St. Home on right