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$560,000
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Property 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.
Full Property Details
Full Property Details for 4708 Red River St
General
- Price: $560,000
- Taxes: (2024)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 4212706
- Updated: 3/14/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
- Flooring: Carpet, Concrete, Vinyl
Rooms
Other Rooms
- Laundry: Laundry Room, Outside, Washer Hookup, Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Private Yard
Parking
- Parking Features: Driveway, Side By Side
Location
- Area: 4
- County: Travis
- Subdivision: Worley Add Sec 02
- Driving Directions: Red River north of 45th Street
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Ridgetop
- Middle School: Lamar (Austin ISD)
- High School: McCallum
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Composition
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 1,769
- Sq. Ft. Source: Public Records
- Living Area: 1,769 Sq. Ft.
- Year Built: 1959
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1767
- Lot Size (Sq. Ft.): 7,697.05
- Fence: Yes
- Lot Features: Back Yard
- Fencing (Description): Back Yard
Financial Considerations
- Assessment Amount: $715,000
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 1 WORLEY ADDN SEC 2
- Disclosures/Reports: None
- Property ID: 2201012110000
- Lot Number: 1
Listed by Monte Davis Realty Group, Corp
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Schools
Schools serving 4708 Red River St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Ridgetop Elementary School 5005 Caswell Avenue, Austin, TX 78751 | PK-5 | 0.2 mi |
Lamar Middle School, Austin, TX 6201 Wynona Avenue, Austin, TX 78757 | 6-8 | 2.5 mi |
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756 | 9-12 | 1.5 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 4708 Red River St
Date
Details
Price
Change
Source
3/14/2026
Listed
$560,000
—
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 4708 Red River St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,170
—
$607,116
-15%
2024
$14,170
-20%
$715,000
6%
2022
$17,687
—
$673,997
-25%
2022
$17,687
19%
$895,562
31%
2021
$14,861
24%
$682,715
27%
2020
$12,013
4%
$539,497
—
2020
$11,571
-7%
$539,497
-4%
2018
$12,400
30%
$564,507
36%
2016
$9,538
3%
$415,854
-3%
2017
$9,274
—
$427,702
6%
2015
$9,283
23%
$404,301
-3%
2013
$7,551
—
$415,989
36%
2013
$7,551
—
$306,543
—
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 4708 Red River St
4708 Red River Street, Austin, TX 78751 (MLS# 4212706) is a Duplex property with 0 bedrooms and 0 full bathrooms. 4708 Red River Street is currently listed for $560,000 and was received on March 14, 2026. Want to learn more about 4708 Red River Street? Do you have questions about finding other Duplex real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.

