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Austin Off-Market Cashflowing Duplex – $440k

304 W William Cannon Dr, Austin
ROI
14.56% IRR
Strategy
Long Term Rental
Great location close to downtown in south Austin. Currently leases for $3,787. Each unit is a large 3 bed 2 bath with kitchens and bathrooms updated in the last 2 years. Househack is possible by ending one of the leases early. This one is easily worth $475k and we have a head start before it hits the public market next week at $500k. This deal is perfect for investors seeking a turnkey duplex with strong cashflow and potential for house hacking. Taxes $10,400.

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Austin Off-Market Cashflowing Duplex – $440k

Listed 10/06/2025

304 W William Cannon Dr, Austin

Purchase Price:$440,000

Cash Outlay:$118,800

Cashflow:$356/mo

Cap Rate:6.37%

IRR:14.56%

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