$768,530
3311 Cherrywood Rd, Austin, TX, 78722
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FABULOUS owner financing available at 5% interest rate making this the perfect opportunity for buyers or investors on this duplex Call agent for details and terms!!! This is an ideal chance for investor or savvy homeowners looking to maximize their real estate portfolio in highly sought after Cherrywood neighborhood! With the 2 units, each just under 800 sq ft, this property offers ample living space and potential income. The front unit is a blank canvas with the kitchen and bathroom needing to be completed presenting great opportunity for customization. The back unit has been updated and is ready for immediate occupancy This makes it attractive for any investor or DIY buyer who wants to live in the back unit while finishing the front unit. Both units boast 2 bedrooms plus 1 bath plus offer privacy. Whether you choose to live in one unit and rent out the other or even lease both units for maximum income potential, this duplex is a versatile investment opportunity. Beyond the units is a flat private yard providing ample space for outdoor activities or gardening plus allowing the ideal space for entertaining guests. Location is another stand out feature, nestled in the highly desirable Cherrywood neighborhood close to coffee shops, charming eateries, parks and local hotspots making it a vibrant and engaging community to call home. In addition you're close to UT, Moody Center and St David's Hospital. Don't miss out on this opportunity to own your duplex offering limitless potential. Schedule a showing today.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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