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1408 Valleyridge DR A & BAustin, TX 78704

For Sale

$699,000

Smart Buyer Rebate $6,990

Turnkey Cash-Flowing Duplex in 78704 - Perfect House Hack!
Stop paying rent and start building equity in South Austin’s hottest neighborhood - just minutes from popular destinations like Uchi, Loro, Odd Duck, Matt’s El Rancho, The Broken Spoke, & Radio Coffee. This renovated duplex offers the ultimate house-hacking opportunity. Live in one unit, and let your tenant pay your mortgage. Both sides feature a combo of pet-friendly hardwood floors and updated tile (no carpet!), solid wood kitchen cabinets, floating shelves, stylish pendant lights, stainless appliances, quartz countertops, gas range, new dimmable ceiling lights, and private laundry rooms. Low-maintenance exteriors with inviting backyards: pet-friendly, fenced-in, xeriscaped with string lights. Side A renovation just completed (vacant). Side B (renovated in 2023) is rented through May 31 for $2285. Zoned to Zilker Elementary, O. Henry Middle & Austin High: the location further strengthens long-term desirability. Whether you're looking to tap into the short-term rental market or lock in a long-term lease, this is an incredible opportunity for first-time investors. Showings start Sunday March 15th.

Listed by Julie Alpers

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License #833441

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Keller Williams Realty

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(917) 805-9879

Last updated March 15, 2026

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Source: ACTRIS #1943212

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Lamar
  • Days on Prevu3
  • Taxes$10,339.29/year
  • Size1,768 sqft
  • Price per sqft$395

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

03/13/2026
Listed by Keller Williams Realty
$699,000

Property Details for 1408 Valleyridge DR A & B

Association

Amenities

  • Pets Allowed: Cats OK, Dogs OK

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Window Features: See Remarks
  • Year Built: 1971
  • Construction Materials: Masonry – Partial
  • Exterior Features: Gutters Full, Private Yard

Features

  • Direction Faces: South
  • Fencing: Back Yard, Privacy, Wood
  • Patio And Porch Features: Rear Porch

Measurements

  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size Acres: 0.18
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,145

Financial

Taxes

  • Parcel Number: 04050803360000
  • Tax Annual Amount: $10,339.29
  • Tax Assessed Value: $505,222.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator, Gas Water Heater
  • Flooring: No Carpet, Tile, Wood
  • Interior Features: Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, Gas Dryer Hookup, Eat-in Kitchen, Pantry, Primary Bedroom On Main, Washer Hookup

Measurements

  • Living Area: 1,768
  • Living Area Source: Public Records

Other

Location

  • Subdivision Name: Southridge Sec 04
  • Tax Block: E
  • Tax Lot: 25

Parking

Parking

  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Zilker
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Other Equipment: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1408 Valleyridge DR A & B.

What schools are nearby to 1408 Valleyridge DR A & B?

Nearby schools include the Zilker Elementary School, O Henry Middle School, and Austin High School.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 1408 Valleyridge DR A & B.

What are the annual taxes for 1408 Valleyridge DR A & B?

Annual taxes for this multi-family home are estimated at $10,339.

How does 1408 Valleyridge DR A & B compare to other multi-family homes in South Lamar?

This multi-family home is listed 16% below the average price for multi-family homes in South Lamar and has been on the market for 56 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,768 sqft.

1408 Valleyridge DR A & B is a -bedroom multi-family home for sale in Austin TX 78704. Listed on Prevu for 3 days at $699,000. This property features 1,768 square feet of living space, located in South Lamar. The median listing price for multi-family homes in this area is $735,000. Nearby schools include Zilker Elementary School, O Henry Middle School, and Austin High School. Additional amenities include private outdoor space, dishwasher, pets allowed, air conditioning, parking, and swimming pool. View other multi-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.