$389,000

411 Thelma DR, Austin, TX 78745

1,900 sqft

Duplex
Built in 1981
0.38acre lot
—— car garage
$205/sqft
Listed 10 days ago

Property Description

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 an oversized lot (approx. 0.377 acres), tenants enjoy one of the largest backyards in the area. The expansive lot size may offer future development potential, such as subdivision,(buyer to verify all possibilities with the City of Austin). With units currently rented out for $2,900/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 413 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!

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 8:17PM
Listing Office:: Keller Williams Realty : (512) 448-4111
Listing Agent:: Wendy Papasan : (512) 330-1004
MLS ID:: 5052387

General: Ceiling Fan(s)Primary Bedroom on MainRecessed Lighting
Rooms: Family Room
Appliances: DishwasherFree-Standing RangeRefrigerator
Laundry: Multiple Locations
Flooring: CarpetVinyl
A/C: Central Air
Heating: Central
Fireplace: Family RoomFireplaces: 2
Eco/Green Feature: NoneNone

General: None
Other Structures: None
Pool: None
Parking: CarportParking spaces: 1

Roofing: Shingle
Windows: See Remarks
General: OneSlab

HOA Amenities: None
Originating MLS: actris
School District: Austin ISD
County: Travis

Zoning: Lot 13 Buckingham Estates Sec 304211102250000
View: None
Fencing: PrivacyWood

Utilities: Electricity ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: actris

This listing courtesy of Wendy Papasan , Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Pleasant Hill Elementary School

6405 Circle S Rd, Austin, TX, 78745

Grades EE-5

0.71 miles away

Bedichek Middle School

6800 Bill Hughes Rd, Austin, TX, 78745

Grades 6-8

0.12 miles away

Crockett High School

5601 Menchaca Rd, Austin, TX, 78745

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.