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This property has sold on December 20, 2023. Looking for something similar? Contact us or browse available homes.

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$655,000
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Rare opportunity to secure a fully leased Austin quadplex only 15 minutes from Downtown. Welcome to 8404 Riverstone Dr! All 4 units consist of a 2 bed/1.5 bath mix. Current rents provide the opportunity for cash flow in an area that has seen incredible growth over the past few years. Located 10 miles from the Austin-Bergstrom International airport and a short drive to the new Tesla Gigafactory, your investment is close to all of the action!
Property Type
Residential Income
Year Built
1985
Lot Size
0.29 acres
$/Sq Ft
$165
Listed by Keller Williams Realty
Property Details
Verified property facts
8404 Riverstone Dr is listed at $655,000 with 0 bedrooms, 3,968 square feet, 0.29-acre lot. This places it above the 78724 median of $346,450.
8404 Riverstone Dr is zoned for Austin ISD with assigned schools: Overton (2/10) (elementary), Garcia (middle), Lyndon B Johnson (Austin ISD) (high). School assignments should be verified directly with the district.
8404 Riverstone Dr is a Residential Income built in 1985 featuring 0 bedrooms, 3,968 square feet, 0.29-acre lot.
8404 Riverstone 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.
With 20% down ($131,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8404 Riverstone Dr is around $4,599 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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.
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% ($131K)
$655,000
Luxury property intelligence
A sourced read on COLONY MEADOWS SEC 2 pricing, timing, and property scale. No automated valuation claim.
List price
$655,000
Price per sqft
$165/sqft
Vs. COLONY MEADOWS SEC 2 median
Not available
Days on market
918 days
Original to current
No verified reduction
$655K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $655,000, 8404 Riverstone Dr is in the COLONY MEADOWS SEC 2 market where there are currently 65 active listings in 78724. The Keenan Group has completed 1 transactions in 78724 as part of 1,000+ career sales totaling $1B+ across Austin.
8404 Riverstone Dr was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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