$615,000

Property Overview

This brick home on Cloverleaf Drive in Windsor Park presents a rare income-producing opportunity in one of East Central Austin's most sought-after neighborhoods. Recently updated with new HVAC, tankless water heater, fresh appliances, and quartz countertops, the 1,864 square-foot residence offers three bedrooms and two bathrooms on a generous corner lot. An existing lease generating $3,300 monthly through April 2027 makes this an attractive investment for buyers seeking immediate cash flow while positioned at $330 per square foot—17% below the area median.

The single-story layout maximizes efficiency with all three bedrooms on the main level, a family room fireplace, and a private deck overlooking the fenced backyard. Modern conveniences including Nest security cameras and high-speed internet appeal to quality tenants. Location amplifies the property's value: Target and Home Depot sit within walking distance, while the vibrant Mueller neighborhood—accessible by bike—brings farmers markets, dining, and entertainment minutes away. Downtown Austin lies just beyond, making Cloverleaf Drive an accessible hub for residents and investors alike.

Windsor Park's diverse, family-friendly character combined with its growing food scene and proximity to Mueller creates sustained tenant demand. At Vox Real Estate, we recognize this property's dual appeal as both a solid long-term investment and a gateway to one of Austin's most dynamic communities.

Vox Real Estate Insight

This property bridges value investing with Windsor Park's emerging neighborhood momentum, offering genuine cash flow immediately rather than speculative appreciation. The combination of below-market pricing, immediate tenant occupancy, and recent system upgrades means Vox Real Estate's clients can deploy capital confidently in a neighborhood that's attracting serious redevelopment interest.

Agent Description

East Central Austin Investment Opportunity! Well-located East Central Austin property featuring recent improvements, a strong location, and an existing lease in place through April 22, 2027, at $3,300 per month, providing an opportunity for a buyer seeking an income-producing property with an existing tenant. The home features granite countertops, fresh interior paint, new baseboards, new appliances, a new HVAC system, and a new tankless water heater. Additional features include a private back deck, Nest security cameras, an ADT security system, cable, and high-speed internet. Conveniently located just minutes from downtown Austin, with Target and Home Depot within walking distance. The nearby Mueller area is easily accessible by bike and offers H-E-B, the Mueller Farmers' Market, Alamo Drafthouse, shopping, dining, and additional entertainment options.The surrounding area offers a variety of restaurants, retail, and services, making this a convenient location for tenants and an appealing option for investors looking for a property with established rental income. Current lease: $3,300/month through April 22, 2027. Buyer to independently verify lease terms, rental information, property condition, measurements, zoning, schools, utilities, and all other information important to buyer. Broker is a part owner of the property.

Neighborhood: Windsor Park

This property is located in Windsor Park, Austin, TX. The area is known for Affordable Homes, Growing Food Scene, Mueller Adjacent, Family-Friendly, Diverse Community.

At $330/sqft, this listing is priced 15% below the Windsor Park median of $386/sqft.

Property Details

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