$465,000
5700 Cherry PARK A/B, Austin, TX, 78745
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About this property
Unit A is currently being updated with new flooring, counters and back splash. Tenants just moved out. Discover an exceptional investment opportunity in a highly sought-after South Austin locale, where modern updates meet prime positioning. This renovated duplex offers immediate cash flow, presenting a compelling prospect for discerning buyers. Both units feature brand-new flooring and elegant quartz countertops, complemented by contemporary light fixtures and ceiling fans, creating a fresh and inviting atmosphere. The A side boasts meticulously updated bathrooms, while both units benefit from newer AC systems and hot water heaters, ensuring comfort and efficiency. The property also features a roof approximately six years old, providing peace of mind. Situated on a desirable corner lot, the duplex provides ample outdoor space with large backyards for both units, and unit B also has an expansive fenced front yard. This location is a commuter's dream, positioned directly on a popular bike route and a convenient Capital Metro bus route. Enjoy the vibrant neighborhood appeal with renowned eateries like Leroy and Lewis BBQ just a short walk away, offering a truly engaging lifestyle. This property seamlessly blends modern amenities with an unbeatable location, making it a truly unique offering in the Austin market. Instant cash flow!
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Learn About the Market: Opportunity in Austin




Explore
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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