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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Income-producing duplex on a large approximately 0.54 acre corner lot at Mesa Dr and Jacobson Rd in fast-growing Del Valle. Each unit offers 2 bedrooms and 2 full baths with modern finishes including stainless steel appliances, granite countertops, hardwood flooring in living areas, tile in kitchens and baths, and carpet in bedrooms. Both units include a 1-car garage. Convenient location with quick access to ABIA (under 15 miles), Tesla (about 12 miles), and Circuit of the Americas (about 3 miles). Property is on one water meter and features a septic system and drain-field (last serviced June 2025). Strong investment opportunity with immediate cash flow and future upside through rent optimization. Do not disturb tenants. Showings by appointment only. Buyer to verify all information including square footage, acreage, utilities, and rent details. One shared driveway entrance is used with neighboring property 398 Mesa Dr C & D. Water is currently included in rent (one meter). Current rents: Unit A $1,750 month-to-month, Unit B $1,450 (below market per owner).
Property Type
Residential Income
Year Built
2016
Lot Size
0.54 acres
$/Sq Ft
$203
Listed by SpecTower Realty Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
404 Mesa Dr is listed at $529,999 with 0 bedrooms, 2,609 square feet, 0.54-acre lot.
404 Mesa Dr is zoned for Bastrop ISD with assigned schools: Cedar Creek (9/10) (elementary), Cedar Creek (2/10) (middle), Cedar Creek (6/10) (high). School assignments should be verified directly with the district.
404 Mesa Dr is a Residential Income built in 2016 featuring 0 bedrooms, 2,609 square feet, 0.54-acre lot.
404 Mesa Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 404 Mesa Dr is $7,858. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Bastrop ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($106K)
$529,999
Luxury property intelligence
A sourced read on Rainbow East pricing, timing, and property scale. No automated valuation claim.
List price
$529,999
Price per sqft
$203/sqft
Vs. Rainbow East median
Not available
Days on market
93 days
Original to current
$5K reduction
$535K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($106,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 404 Mesa Dr is around $3,405 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $529,999, 404 Mesa Dr is in the Rainbow East market where there are currently 65 active listings in 78617.
404 Mesa Dr was built in 2016, making it 10 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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