#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Don't miss this fully occupied duplex at 404 Mesa Dr. in Del Valle, offering an excellent opportunity for investors looking for immediate rental income and long-term growth. Each unit features 2 bedrooms and 2 full bathrooms, providing a desirable layout that appeals to a wide range of tenants.
Both units are currently occupied by tenants that have recently renewed their leases.
Ideally located just minutes from some of Central Texas' largest employment hubs, including Tesla Gigafactory, Circuit of The Americas (COTA), SpaceX, and Austin-Bergstrom International Airport (ABIA), this property is positioned in a high-demand rental corridor. Commuting is easy with quick access to Highways 183, 71, and SH 130, connecting residents to Austin, Bastrop, and the surrounding areas.
Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers strong rental potential in one of the fastest-growing areas of Central Texas.
Property Type
Residential Income
Year Built
2016
Lot Size
0.54 acres
$/Sq Ft
$197
Garage
2 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
404 Mesa DR is listed at $515,000 with 0 bedrooms, 2,609 square feet, 0.54-acre lot.
404 Mesa DR is zoned for Bastrop ISD with assigned schools: Cedar Creek (elementary), Cedar Creek (middle), Cedar Creek (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
3 records on file
Every recorded sale and lease at 404 Mesa DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
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% ($103K)
$515,000
Luxury property intelligence
A sourced read on Rainbow East pricing, timing, and property scale. No automated valuation claim.
List price
$515,000
Price per sqft
$197/sqft
Vs. Rainbow East median
Not available
Days on market
23 days
Original to current
No verified reduction
$515K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($103,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 404 Mesa DR is around $3,327 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $515,000, 404 Mesa DR is in the Rainbow East market where there are currently 97 active listings in 78617.
404 Mesa DR was built in 2016, making it 10 years old with relatively recent construction.
404 Mesa DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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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