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Austin Turnkey STR Duplex Producing $11K/mo — $595K

11815 Lochridge Dr, Austin
ROI
28.99% IRR
Strategy
Short Term Rental
$11,000 per month in average gross income makes this one of the stronger income-to-price ratio setups we see in Austin. This is a fully furnished duplex in North Austin’s Gracy Farms neighborhood, with both units operating as short-term rentals and all furnishings conveying with the sale. The location near Mopac, Hwy 183, The Domain, Q2 Stadium, major tech employers, shopping, dining, and parks gives the next owner multiple exit paths: keep it as an Airbnb, lease both sides long term, or live in one unit and rent the other. City of Austin STR approval is already in place, making this a rare turnkey Austin income property producing heavy cashflows from day 1 while giving exposure to Austin’s tech scene and appreciation potential.

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Austin Turnkey STR Duplex Producing $11K/mo — $595K

Listed 05/18/2026

11815 Lochridge Dr, Austin

Purchase Price:$595,000

Cash Outlay:$160,650

Cashflow:$1,857/mo

Cap Rate:9.58%

IRR:28.99%

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