ActiveResidential · sale

2004 Maxwell Ln

Austin, TX 78741

$850,000

  • 2,617 sq ft
  • 0.15 acres
  • Built 2023

Listed by Compass RE Texas, LLC · MLS #ACT1497620

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2023.

Garage parking

2 garage spaces listed.

Property size

0.15 acres listed.

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

THE PROPERTY

Get to know the property.

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.

THE NEIGHBORHOOD

Explore the location.

2004 Maxwell Ln, Austin, TX 78741

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential Income
Category
Residential
Year built
2023
Garage spaces
2
Cooling
Wall/Window Unit(s)
Heating
Space Heater
Appliances
Gas Range, Water Heater
Flooring
Wood
Fencing
Wood
Accessibility
None
Pool features
None
Subdivision
Montopolis
Parcel
03111601030000
Elementary school
Smith
Middle school
Ojeda
High school
Del Valle
Annual property tax
$13,934.40

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$1,392.55
Estimated monthly rent$3,541.67
Cap rate2.22%

Annual operating income: $18,835.63

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

Have ERA review this rental estimate

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

Adjust assumptions
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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2004 Maxwell Ln, Austin, TX 78741 · MLS #ACT1497620

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Listing information

MLS #ACT1497620 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Douglas Byron

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