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$389,000 Just Listed
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Property 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 straightforward 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!
Full Property Details
Full Property Details for 411 Thelma Dr
General
- Price: $389,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 5052387
- Updated: 3/25/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, Recessed Lighting
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room
- Appliances: Dishwasher, Free-Standing Range, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Other Rooms
- Laundry: Multiple Locations
Additional Information
- Shared Amenities: None, Curbs
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Total Spaces: 1
- Parking Features: Carport
Location
- Area: 10S
- County: Travis
- Subdivision: Buckingham Estates Sec 03
- Driving Directions: West on William Cannon from I-35. Left on Bill Hughes, Right on Thelma
- Direction Faces: Northeast
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Pleasant Hill
- Middle School: Covington
- High School: Crockett
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: Shingle
- Windows: See Remarks
- Stories/Levels: 1
- Square Feet: 1,900
- Sq. Ft. Source: Public Records
- Living Area: 1,900 Sq. Ft.
- Year Built: 1981
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.377
- Lot Size (Sq. Ft.): 16,422.12
- Fence: Yes
- Lot Features: Back Yard, Front Yard
- Fencing (Description): Privacy, Wood
Financial Considerations
- Assessment Amount: $419,068
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: Lot 13 Buckingham Estates Sec 3
- Disclosures/Reports: None
- Property ID: 4211102250000
- Lot Number: 13
Listed by Keller Williams Realty
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Schools
Schools serving 411 Thelma Dr
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Pleasant Hill Elementary School, Austin, TX 6405 Circle South Road, Austin, TX 78745 | K-5 | 0.7 mi |
Bedichek Middle School 6800 Bill Hughes Road, Austin, TX 78745 | 6-8 | 0.2 mi |
Crockett High School, Austin, TX 5601 Menchaca Road, Austin, TX 78745 | 9-12 | 1.6 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 411 Thelma Dr
Date
Details
Price
Change
Source
3/24/2026
Listed
$389,000
—
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 411 Thelma Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,789
—
$419,068
-6%
2024
$8,789
-8%
$443,476
-3%
2022
$9,546
—
$456,344
-6%
2022
$9,546
20%
$483,364
32%
2021
$7,982
9%
$367,559
12%
2020
$7,295
4%
$327,600
—
2020
$7,027
14%
$327,600
17%
2018
$6,154
40%
$280,176
2%
2016
$4,395
-28%
$274,255
39%
2017
$6,116
80%
$197,061
33%
2015
$3,402
-6%
$148,162
-2%
2014
$3,602
-3%
$151,338
—
2014
$3,728
—
$150,621
—
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 411 Thelma Dr
411 Thelma Drive, Austin, TX 78745 (MLS# 5052387) is a Duplex property with 0 bedrooms and 0 full bathrooms. 411 Thelma Drive is currently listed for $389,000 and was received on March 24, 2026. Want to learn more about 411 Thelma Drive? Do you have questions about finding other Duplex real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

