4708 Red River ST, Austin, TX 78751
Worley Add Sec 02 · Travis County
Key Facts
Description
Investor Opportunity in the Heart of Austin Located at 4708 Red River St in vibrant Austin, this charming duplex offers an excellent investment opportunity just minutes from downtown and only about 2 miles from the University of Texas at Austin! Built in 1959, the property features two well-maintained 2-bedroom, 1-bath units, both currently tenant-occupied, providing immediate rental income. - Unit A is leased through May 31, 2026 and includes durable laminate flooring throughout, convenient washer/dryer hookups, and a cozy private patio - perfect for relaxing outdoors. - Unit B is leased through Dec 31, 2026 and offers stylish finished concrete floors in the main living areas, carpeted bedrooms for comfort, laundry connections, and a large private backyard. Both with off-street parking. The property’s prime location places residents close to downtown dining, entertainment, and some of the city’s most popular events and festivals, including South by Southwest and Austin City Limits Music Festival. With strong rental demand driven by proximity to the university and central Austin amenities, this duplex presents a fantastic opportunity for investors seeking steady income and long-term appreciation. Highlights - Duplex with two 2 bed / 1 bath units - Both units currently leased (income-producing) - Washer/dryer connections in each unit - Large backyard and off-street parking - Prime Central Austin location near UT and downtown Whether you’re looking to expand your rental portfolio or secure a property in one of Austin’s most desirable areas, this centrally located duplex checks all the boxes.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1959
Living Area
1,769 sq ft
Lot Size
0.18 acres
Days on Market
107
MLS® Listing#
4212706
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ridgetop
- Middle:
- Lamar (Austin ISD)
- High:
- McCallum
Financial Details
HOA
None
Annual Taxes
$12,194
Tax year 2025
Assessed Value
$607,116
Parcel Number
02201012110000
Directions
Red River north of 45th Street
Affordability Calculator
$112,000
Estimated monthly payment
$2,981/mo
Principal $448,000 · Est. interest $625,000 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Austin, TX
- $550,677
- Median Listing Price
- 68
- Median Days on Market
- 1,788
- Median Sq Ft
- $324
- Median Price / Sq Ft
- 5,419
- Active Listings
- This home’s price is 2% above the area median.
- Its price per sq ft is 2% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Austin, TX.
Location
Points of Interest in Austin, TX
Showing the Austin area map.
Nearby Schools
Olas Spanish Immersion School
Elementary · 0.2 mi away
Ridgetop Elementary School
Elementary · 0.3 mi away
Odyssey School
School · 0.3 mi away
Griffin School
Secondary · 0.3 mi away
Little Tiger Chinese Immersion School
Elementary · 0.4 mi away
St. George's Episcopal School
School · 0.6 mi away
Sri Atmananda Memorial School
School · 0.6 mi away
Hyde Park Montessori
Elementary · 0.7 mi away
Stepping Stone School
School · 0.8 mi away
Regina Mater
School · 0.8 mi away
Ahb Community School
School · 0.9 mi away
Clearview Sudbury School
Elementary · 0.9 mi away
Hyde Park Baptist School
School · 0.9 mi away
Vista Academy of Austin
Elementary · 1.0 mi away
Primrose Schools
Elementary · 1.0 mi away
St. Paul Lutheran School
School · 1.1 mi away
Mariposas Spanish School
Elementary · 1.1 mi away
The Actor's School
School · 1.1 mi away
Maplewood Elementary School
Elementary · 1.1 mi away
Ascent: an Acton Academy
School · 1.1 mi away
Commute Calculator
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|---|---|---|---|---|
| 2505 San Gabriel ST 601, Austin, TX | $392,000 | 2 | 2 | 1,155 |
| 907 Sleepy Dell LN, Austin, TX | $392,000 | 3 | 3 | 1,886 |
| 5213 Lomasso DR, Austin, TX | $394,500 | 4 | 2 | 1,657 |
| 501 W 26th ST 113, Austin, TX | $394,500 | 2 | 2 | 1,122 |
| 501 W 26th ST 323, Austin, TX | $394,900 | 2 | 2 | 1,211 |
| 13212 Keefer DR, Austin, TX | $394,990 | 4 | 2 | 1,903 |
Moving Cost Estimate
EXIT Agents in Austin
Listing Courtesy: Monte Davis Realty Group, Corp - (512) 686-3418
Last Updated: 2026-03-14