Listed by Megan Colwart of DEN Property Group ((512) 222-3364)
Tucked away behind an electric gate on a quiet, tree-lined street in East Austin's rapidly growing Riverside Corridor, Unit B at 913 Valdez offers a rare opportunity for both investors and future owner-occupants seeking flexibility and value in a prime location. This well-appointed 2-bedroom, 2.5-bath residence (1,104 sqft) features a thoughtful layout, private balcony, and covered parking-ideal for comfortable, low-maintenance living just minutes from Downtown Austin, ABIA, and major employers like Tesla and Oracle. Currently leased at $2,400/month on a month-to-month basis, the property provides immediate income while preserving flexibility for the next owner. The tenant has expressed openness to signing a new long-term lease, giving buyers the option to secure stable cash flow-or take advantage of the month-to-month structure to plan for future occupancy or adjust terms as needed. Whether you're an investor looking for a turnkey rental or a buyer planning to occupy in the near future, this property offers the best of both worlds-income today and the ability to make it your own on your timeline. Ideally located near Lady Bird Lake, Roy G. Guerrero Park, and the transformative River Park development, this property is well-positioned to benefit from continued growth in one of Austin's most dynamic neighborhoods. Units A & B combined: $799,000 Unit A: 3 bed, 2.5 bath, 1,498 sqft, private balcony, paved patio, covered parking: $475,000 Unit B: 2 bed, 2.5 bath, 1104 sqft, private balcony, covered parking: $365,000

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Listings courtesy of Unlock MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 22, 2026 6:48 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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