2004 Maxwell Ln, Austin, TX, 78741 - MLS# 1497620

$850,000

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Sqft 2,617
Acres 0.15
Property Type Residential Income
Heating Space Heater
Parking Attached, Driveway, Garage
Year Built 2023
Stories 1
Cooling Wall/Window Unit(s)
Days on Market 53
Garages 2.00

About 2004 Maxwell Ln

Recently built - 2 units DETACHED, allowing for multiple exit strategies in the future (condo and sell separately). Long term tenants with room to increase rents. Nearne development at Pleasant valley and Riverside make this a very attractive area for young professional tenants or owner occupants who want an income property to offset housing expenses. An exceptional investment opportunity in the heart of East Austin's rapidly growing corridor, 2004 Maxwell Lane is being offered as a fully income-producing duplex featuring detached Unit A and Unit B residences, providing privacy and flexibility rarely found in today's market. Unit A is currently leased for $2,850 per month and Unit B generates $2,300 per month, creating immediate cash flow with a combined rental income of $5,150 monthly. The property consists of two separate homes thoughtfully positioned on the lot, each offering modern finishes, functional floorplans, private outdoor space, and independent living environments ideal for long-term tenants or owner-occupants seeking supplemental income. Located in the vibrant Montopolis area, residents enjoy unbeatable access to Downtown Austin, Austin-Bergstrom International Airport, Tesla Gigafactory, Oracle Campus, and major commuter routes including Highways 71, 183, and I-35. Outdoor enthusiasts will appreciate nearby Roy G. Guerrero Colorado River Park and the hike and bike trails along Lady Bird Lake, while local dining, coffee shops, shopping, and entertainment are just minutes away. The property also benefits from the ongoing Pleasant Valley/Riverside development, including a new music venue scheduled to open in early 2027, further enhancing the area's long-term growth and appeal, making this a premier turnkey investment in one of Austin's most dynamic and appreciating neighborhoods.

Location

Legal Description ABS 24 DELVALLE S ACR .15
Address 2004 Maxwell Ln
County Travis
City Austin
Zip Code 78741
Subdivision Montopolis
School District Del Valle ISD
MLS Area 9

Size and Restrictions

Acres 0.15
Lot Description Back Yard, Front Yard, Level, Trees Medium Size
Horses Allowed No
$/Acre $5,662,891

Improvements

Parking Attached, Driveway, Garage
Garage Spaces 2.00
Fence Wood
Exterior Features None

Features

View None
Water Access None

Utilities

Water Public
Utilities Electricity Available, Natural Gas Available, Water Available

Amenities

Area Amenities None

Beds and Baths

Primary on Main No

Other Rooms

Other Rooms Bedroom, Dining Room, Kitchen, Laundry, Primary Bedroom
Kitchen Appliances Gas Range, Gas Water Heater
Laundry Facilities None

Heating and Cooling

Heating Space Heater
Air Conditioning Wall/Window Unit(s)

Interior Features

Flooring Wood
Features None
Disability None

Building Information

Square Feet 2,617
Year Built 2023
# of Stories 1
Building Faces South
Construction Wood Siding
Foundation Permanent, Slab
Roof Metal

Property Features

Exterior Features None

Garage and Parking

Garage Yes - 2 Spaces
Parking Attached, Driveway, Garage

Financial

$/Sq Ft $325
$/Acre $5,662,891
$/Unit $425,000
Special Conditions DeedRestrictions
Documents Available See Remarks
Disclosures See Remarks

Property Taxes

Appraisal District Travis
Estimated Taxes $13,934
Tax ID 03111601030000
Tax Year 2026

Homeowner Association

Has HOA No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 575-3644

Listing Map

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