Active Under Contract

411 Thelma Drive

Austin, TX 78745

$375,000 $1,581/Mo

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Overview

Bed

Bath

1,900

Sqft

0.38

Acre(Lot)

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 straight forward 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!

Property Details

Property Type : ResidentialIncome

Price : $375,000

AD Id : 76379194

MLS Id : 5052387

Beds : 4

Lot Size : 0.38 Acre

Living Area Size : 1,900

Year Built : 1981

County : Travis

Subdivision: Buckingham Estates Sec 03

Map

What's Nearby

Nearby Areas

Features

Interior Features

CeilingFans, MainLevelPrimary, RecessedLighting

Roof: Shingle

Appliances: Dishwasher, FreeStandingRange, Refrigerator

Laundry Features: MultipleLocations
Heating & Cooling

Heating: Central Has Cooling: Yes

Building Information

Year Built: 1981

Construction Materials: Masonry

Stories: 1

Pool Features: None

Private Pool: No

Water front Features: None

View: None
Exterior Features

Exterior Features: None

Lot Information

Main Square Feet: 0.377 Lot Size Acres: 0.377 Lot Description: BackYard,FrontYard

Property Information

Subdivision: Buckingham Estates Sec 03 Source Property Type: ResidentialIncome Property SubType: Duplex Direction Faces: Northeast Levels: One Property Age: 45

Listing Price Information

Listing Price: $375000

Cash, Conventional

Tax Information

Parcel Number: 04211102250000 Tax Lot: 13 Tax Year: 2025 Tax Legal Desc: Lot 13 Buckingham Estates Sec 3

Virtual Tour

Virtual Tour (External Link)

Parking Information

Carport

Garage Information

Pets Allowed: DogsOk

School Information

Elementary School: Pleasant Hill Junior High School: Covington Senior High School: Crockett
Utility Information

ElectricityAvailable, ElectricityConnected, SewerConnected, WaterConnected
Location Information

Direction: West on William Cannon from I-35. Left on Bill Hughes, Right on Thelma WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
205 Liverpool Drive, Austin, TX, 78745	$499,900	4	2	1,570	1,570 SqFt
802 Ramble Lane, Austin, TX, 78745	$525,000	4	2	1,664	1,664 SqFt
5402 Brompton Circle, Austin, TX, 78745	$450,000	5	3	2,001	2,001 SqFt
1303 Falcon Cove, Austin, TX, 78745	$399,000	5	2	1,584	1,584 SqFt
819 Sahara Avenue, Austin, TX, 78745	$599,000	6	4	2,460	2,460 SqFt
1808 Forest Hill Dr, Austin, TX, 78745	$750,000	4	2	1,832	1,832 SqFt
404 W Dittmar Road, Austin, TX, 78745	$279,900	4	2	1,643	1,643 SqFt
6305 Emerald Forest Drive, Austin, TX, 78745	$498,000	4	4	1,742	1,742 SqFt
1008 Milford Way, Austin, TX, 78745	$509,950	4	4	1,932	1,932 SqFt
806 Plumpton Drive #A, Austin, TX, 78745	$534,950	8	4	2,226	2,226 SqFt

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ByOwner last updated this listing 06/06/2026 @ 18:45

MLS: 5052387 LISTED BY: Wendy Papasan, Keller Williams Realty 512-448-4111 SOURCE: ACTRIS