5407 Spring Meadow Rd

Excellent investment opportunity in a prime South Austin location with this updated duplex offering two spacious units, each with 2 bedrooms and 1 full bath. Private and tranquil greenbelt that is protected from development! The property features approximately 1,664 square feet of total living space with separate entrances and a functional two story layout. Both units showcase bright, refreshed interiors with neutral finishes, abundant natural light, open living and dining spaces, updated kitchens, modern fixtures, generous bedroom space, and ample storage. Recent photos highlight stylish flooring, stainless steel appliances, contemporary lighting, and inviting kitchens with breakfast bar seating. Outside, the property offers a large covered carport, additional driveway parking, private outdoor space, and mature trees. Separate electric, gas, and water meters provide added convenience, with public water and sewer and central heating and air conditioning. Unit A is currently leased at $1,600 per month, while Unit B is vacant and available for immediate use, giving the next owner flexibility to choose the setup that works best for them. A buyer could occupy Unit B while benefiting from rental income from Unit A, or lease both units for additional income potential. Convenient access to I-35, Stassney Lane, Nuckols Crossing, Austin-Bergstrom Airport, downtown Austin, major employers, shopping, dining, and entertainment. The property is also well positioned for access to the Tesla Gigafactory and the continued growth throughout southeast Austin. This property offers a versatile opportunity for an investor or an owner occupant looking to live in one unit while generating income from the other. A portion of the property is located within a designated flood zone. The current homeowner is not required to carry flood insurance. Buyer to independently verify flood zone status, insurance requirements, and all related information.