Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$479,900 -$20,000 (-4%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 2 days ago
See This Home
Save This Home
See This Home
Save This Home
This impressive two-story multifamily property offers exceptional versatility and income potential in East Austin with eight bedrooms and four full bathrooms, providing flexible options for investors, multi-generational households, or owner-occupants. Enjoy a convenient East Austin location with shopping, dining, recreation, and transportation nearby. Within approximately 10 minutes are Walter E. Long Metropolitan Park and Decker Lake, Colony Park District Park, Travis County Expo Center, neighborhood parks and trails, and a variety of restaurants, grocery stores, and everyday services along Loyola Ln, Decker Ln, US-183, and SH-130. Downtown Austin is approximately 8 miles away, with Austin-Bergstrom International Airport about 10 miles away.

Full Property Details for 8201 Riverstone Dr

General

  • Price: $479,900
  • Taxes: $9,033 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: Austin_MLS
  • MLS ID: 7957077
  • Updated: 10/21/2026
  • Added to Site: 85 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Ceiling Fan(s), No Interior Steps, Open Floorplan
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate, Vinyl

Rooms

Other Rooms

  • Laundry: Inside, Multiple Locations, Washer Hookup, Electric Dryer Hookup

Additional Information

  • Shared Amenities: Street Lights, Sidewalks, Curbs
  • Security/Safety: None
  • Equipment: None

Exterior

  • Exterior Features: Exterior Steps
  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: Open, Parking Lot

Location

  • Area: 3E
  • County: Travis
  • Subdivision: Colony Meadows Sec 01
  • Driving Directions: From US-290 E, take the exit toward S First St & merge onto W Ben White Blvd/W Texas Hwy 71 Service Rd. Right on James Casey St. Right on W St Elmo Rd. Left on Vinson Dr. Continue onto Emerald Forest Dr. Left on Pine Meadow Dr. Left on Cedar Glen which turns slightly right & becomes Salem Walk Dr. Property on the left.
  • Direction Faces: North

School Information

  • Elem School District: Austin ISD
  • Midd School District: Austin ISD
  • High School District: Austin ISD
  • Elementary School: Overton
  • Middle School: Garcia
  • High School: Lyndon B Johnson (Austin ISD)

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • 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: Stone, Wood Siding
  • Roof: Shingle
  • Windows: Blinds
  • Stories/Levels: 2
  • Square Feet: 3,120
  • Sq. Ft. Source: Public Records
  • Living Area: 3,120 Sq. Ft.
  • Year Built: 1985
  • Year Built Source: Public Records
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.2303
  • Lot Size (Sq. Ft.): 10,031.87
  • Street Lights: Yes
  • Sidewalks: Yes
  • Fence: Yes
  • Lot Features: Corner Lot, Few Trees
  • Fencing (Description): Fenced

Financial Considerations

  • Assessment Amount: $441,433
  • Tax Amount: $9,033.86
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan
  • Owner Pays: Insurance, Taxes

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Lease
  • Legal Description: LOT 1 BLK C COLONY MEADOWS SEC 1
  • Disclosures/Reports: None
  • Property ID: 2173805030000
  • Block: C
  • Lot Number: 1

Listed by Keller Williams Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Or call us at (800) 531-7667

Listing agent

— 8201 Riverstone Dr —

  • Keller Williams Realty

(512) 966-8915

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8201 Riverstone Dr

School District:Austin Independent School District
NameGradesDistance
Overton Elementary School, Austin, TX
7201 Colony Loop Drive, Austin, TX 78724
K-50.6 mi
Dobie Middle School
1200 East Rundberg Lane, Austin, TX 78753
6-85.2 mi
Lbj High School
7309 Lazy Creek Drive, Austin, TX 78724
9-122.1 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 8201 Riverstone Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2026
Price Reduced
$479,900
-4%
MLS
7/31/2026
Listed
$499,900
—
MLS
Get Price Alerts and Save Property
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 for 8201 Riverstone Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,335
13%
$602,743
10%
2024
$10,884
—
$549,181
-16%
2022
$10,909
—
$654,349
18%
2022
$10,909
7%
$552,369
14%
2021
$10,235
43%
$486,129
51%
2020
$7,170
4%
$322,000
-1%
2020
$6,906
12%
$324,055
15%
2018
$6,168
43%
$280,809
45%
2016
$4,311
—
$193,095
—
2017
$4,306
6%
$193,297
9%
2015
$4,075
14%
$177,488
23%
2013
$3,562
—
$143,814
-1%
2013
$3,562
—
$144,620
—
View All
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 for 8201 Riverstone Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty

Just Listed near 8201 Riverstone Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3355-B Bee Caves Rd, West Lake Hills, TX 78746 - Photo 1 Just Listed
$1,400

3355-B Bee Caves Rd  #307  West Lake Hills, TX 78746

  • Commercial Lease
  • Active
  • Updated 2 days ago
  • 1,600
    Sq. Ft.
7204 Wardman Dr, Del Valle, TX 78617 - Photo 1 Just Listed
$199,000

7204 Wardman Dr  Del Valle, TX 78617

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
11820 Savanna Canyon Ct, Del Valle, TX 78617 - Photo 1 Just Listed
$260,000

11820 Savanna Canyon Ct  Del Valle, TX 78617

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
820 Los Milagros Dr, Del Valle, TX 78616 - Photo 1 Just Listed
$270,000

820 Los Milagros Dr  Del Valle, TX 78616

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths

Price Reduced near 8201 Riverstone Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3355 Bee Caves Rd, West Lake Hills, TX 78746 - Photo 1 Price Reduced
-$595 (-15.28%)
$3,300

3355 Bee Caves Rd  #307  West Lake Hills, TX 78746

  • Commercial Lease
  • Active
  • Updated 2 days ago
  • 1,600
    Sq. Ft.
100 Blue Ridge Trail, West Lake Hills, TX 78746 - Photo 1 Price Reduced
-$50 (-2.5%)
$1,950

100 Blue Ridge Trail  #4  West Lake Hills, TX 78746

  • Commercial Lease
  • Active
  • Updated 4 days ago
  • 17,968
    Sq. Ft.
12408 St Thomas Dr, Del Valle, TX 78617 - Photo 1 Price Reduced
-$7,000 (-1.88%)
$364,990

12408 St Thomas Dr  Del Valle, TX 78617

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
12600 St Thomas Dr, Del Valle, TX 78617 - Photo 1 Price Reduced
-$4,000 (-1.04%)
$379,990

12600 St Thomas Dr  Del Valle, TX 78617

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 3
    Total Baths

8201 Riverstone Drive, Austin, TX 78724 (MLS# 7957077) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 8201 Riverstone Drive is currently listed for $479,900 and was received on July 31, 2026. Want to learn more about 8201 Riverstone Drive? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

Tour this property