ActiveResidential · sale

4008 Cima Serena

Austin, TX 78759

$699,000

  • 2,388 sq ft
  • 0.18 acres
  • Built 1976

Listed by Compass RE Texas, LLC · MLS #ACT1774129

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Unit A provides a spacious two-story layout with all three bedrooms tucked away on the upper level for maximum privacy, a cozy fireplace, and a large, fenced backyard with a covered patio.

Year built

Built in 1976.

Property size

0.18 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

An exceptional investment opportunity or multi-generational compound awaits in the highly coveted Westover Hills community in Northwest Hills. Positioned strategically near both Hill Elementary and Anderson High School, this turnkey duplex offers immediate cash flow with both units currently leased and performing. Whether you are looking to bolster a rental portfolio or establish a sophisticated family compound with separate living quarters, this property delivers versatility and long-term value in one of Austin’s most resilient real estate corridors. The exterior boasts significant recent capital improvements, including a brand-new roof installed in 2025. Structural integrity is prioritized with a reworked chimney crown and professional brick repointing, ensuring a low-maintenance ownership experience for years to come. Inside, the residences feature mostly updated finishes and distinct floor plans tailored for comfort. Unit A provides a spacious two-story layout with all three bedrooms tucked away on the upper level for maximum privacy, a cozy fireplace, and a large, fenced backyard with a covered patio. Unit B offers a convenient single-story flow, highlighted by a primary suite with a private patio, walk-in closet, and double vanity. Both residences enjoy the rare benefit of carports with integrated storage and private outdoor retreats. The location is a premier draw for high-quality tenants and families alike. Residents are minutes away from the vibrant retail hubs of The Domain and Arbor Walk, with convenient access to Whole Foods, Costco, and Randalls. Commuting is effortless with UT Austin just a 12-minute drive away, while the immediate neighborhood is served by top-rated schools within walking distance. This property represents a rare fusion of immediate income, recent upgrades, and a high-demand location that promises enduring appeal. Secure your footprint in this premier Austin enclave today.

THE NEIGHBORHOOD

Explore the location.

4008 Cima Serena, Austin, TX 78759

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THE DETAILS

The details, all in one place.

Property type
Residential Income
Category
Residential
Year built
1976
Garage spaces
0
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
Flooring
Tile, Wood
Fencing
Back Yard, Fenced, Wood
Accessibility
None
Subdivision
Austin Woods Amd
Parcel
02450004350000
Elementary school
Hill
Middle school
Murchison
High school
Anderson

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,912.50
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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4008 Cima Serena, Austin, TX 78759 · MLS #ACT1774129

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Listing information

MLS #ACT1774129 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Lindsay Neuren

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.