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Austin · Chernosky 16

$365,000 37 days on market

Reduced from $375,000 · −2.7%

913 Valdez St #B, Austin, TX 78741

  • 2bedrooms
  • 2.5bathrooms
  • 1,104sqft
  • 0.13acres
  • 2021year built

About this home

Tucked away behind an electric gate on a quiet, tree-lined street in East Austin’s rapidly growing Riverside Corridor, Unit B at 913 Valdez offers a rare opportunity for both investors and future owner-occupants seeking flexibility and value in a prime location. This well-appointed 2-bedroom, 2.5-bath residence (1,104 sqft) features a thoughtful layout, private balcony, and covered parking—ideal for comfortable, low-maintenance living just minutes from Downtown Austin, ABIA, and major employers like Tesla and Oracle.

Currently leased at $2,400/month on a month-to-month basis, the property provides immediate income while preserving flexibility for the next owner. The tenant has expressed openness to signing a new long-term lease, giving buyers the option to secure stable cash flow—or take advantage of the month-to-month structure to plan for future occupancy or adjust terms as needed. Whether you’re an investor looking for a turnkey rental or a buyer planning to occupy in the near future, this property offers the best of both worlds—income today and the ability to make it your own on your timeline.

Ideally located near Lady Bird Lake, Roy G. Guerrero Park, and the transformative River Park development, this property is well-positioned to benefit from continued growth in one of Austin’s most dynamic neighborhoods. Units A & B combined: $799,000 Unit A: 3 bed, 2.5 bath, 1,498 sqft, private balcony, paved patio, covered parking: $475,000 Unit B: 2 bed, 2.5 bath, 1104 sqft, private balcony, covered parking: $365,000

Property

Type
Single Family Residence
Levels
Two
Year built
2021
Lot size
0.13 acres
Subdivision
Chernosky 16
MLS #
ACT3480638

Inside

Bedrooms
2
Bathrooms
2.5
Living area
1,104 sqft

Schools

Elementary
Allison
High school
Eastside Early College
District
Austin ISD

Costs

Est. annual taxes
$7,650 (2025)

Listing

First listed
Apr 1, 2026
Days listed
37
Original price
$375,000
Status
Active

Listed by Megan Colwart, DEN Property Group · [email protected] · MLS# ACT3480638 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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