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$515,000
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Property Description
Don't miss this fully occupied duplex at 404 Mesa Dr. in Del Valle, offering an excellent opportunity for investors looking for immediate rental income and long-term growth. Each unit features 2 bedrooms and 2 full bathrooms, providing a desirable layout that appeals to a wide range of tenants. Both units are currently occupied by tenants that have recently renewed their leases. Ideally located just minutes from some of Central Texas' largest employment hubs, including Tesla Gigafactory, Circuit of The Americas (COTA), SpaceX, and Austin-Bergstrom International Airport (ABIA), this property is positioned in a high-demand rental corridor. Commuting is easy with quick access to Highways 183, 71, and SH 130, connecting residents to Austin, Bastrop, and the surrounding areas. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers strong rental potential in one of the fastest-growing areas of Central Texas.
Full Property Details
Full Property Details for 404 Mesa Dr
General
- Price: $515,000
- Taxes: $7,858 (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 4178636
- Updated: 8/11/2026
- Added to Site: 35 day(s) ago
Interior
- Interior Features: See Remarks, Tile Counters
- Flooring: Carpet, Laminate, See Remarks, Tile
Rooms
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: None
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: See Remarks
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Attached, Driveway
Location
- Area: BW
- County: Bastrop
- Subdivision: Rainbow East
- Driving Directions: Take TX-71 E toward Bastrop. Exit for FM 973 and head south. Turn left on Mesa Dr. Property will be at the corner of Mesa Dr and Jacobson Rd.
- Direction Faces: East
School Information
- Elem School District: Bastrop ISD
- Midd School District: Bastrop ISD
- High School District: Bastrop ISD
- Elementary School: Cedar Creek
- Middle School: Cedar Creek
- High School: Cedar Creek
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: See Remarks
- Utility Description: Electricity Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Shingle
- Windows: None
- Stories/Levels: 1
- Square Feet: 2,609
- Sq. Ft. Source: Public Records
- Living Area: 2,609 Sq. Ft.
- Year Built: 2016
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.54
- Lot Size (Sq. Ft.): 23,522.4
- Lot Features: See Remarks
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $506,909
- Tax Amount: $7,858
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Insurance, Taxes, Water
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease
- Legal Description: RAINBOW EAST, LOT 10-C, ACRES 0.54, (AMENDED PLAT OF LOT 10)
- Disclosures/Reports: Seller Disclosure
- Property ID: 127133
- Lot Number: 10
Listed by Compass RE Texas, LLC
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Schools
Schools serving 404 Mesa Dr
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Cedar Creek Elementary School, Cedar Creek, TX 5582 Fm 535, Cedar Creek, TX 78612 | PK-5 | 5.4 mi |
Cedar Creek High School 793 Union Chapel Road, Cedar Creek, TX 78612 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 404 Mesa Dr
Date
Details
Price
Change
Source
7/24/2026
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 404 Mesa Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,400
-7%
$440,114
-17%
2023
$7,990
100%
$531,701
2%
2022
100%
$519,622
3%
2022
100%
$506,160
71%
2021
-100%
$296,528
1%
2020
$5,792
6%
$292,415
9%
2019
$5,458
—
$267,429
19%
2019
$5,458
37%
$224,686
20%
2017
$3,979
100%
$187,622
15%
2014
100%
$163,704
2%
2014
—
$160,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 404 Mesa Dr
404 Mesa Drive, Del Valle, TX 78617 (MLS# 4178636) is a Duplex property with 0 bedrooms and 0 full bathrooms. 404 Mesa Drive is currently listed for $515,000 and was received on July 24, 2026. Want to learn more about 404 Mesa Drive? Do you have questions about finding other Duplex real estate for sale in Del Valle? You can browse all Del Valle real estate or contact a Coldwell Banker agent to request more information.

