Last 24 Hours
$408,530
NAL Estimated Property Value6904 Millrace Dr, Austin, TX, 78724
2 Bath
1,905 Sq Ft
Duplex
$131.18 / sqft
Built in 1980Property Lead Type:
Highlights
Interior
Bathrooms Full 2.5
Indoor Fireplace
Garage Available
Heating
CoolingExterior
Private PoolBuilding Information
Land Information
About this property
Rare opportunity to acquire eight contiguous units in rapidly gentrifying East Austin for under $125,000 per unit (6904, 6908, 7002, 7004 Millrace Dr). We've beautified the exteriors, as well as recently vacated units to give you a sense of what the potential is for these properties. Rents should be raised significantly as tenants move out. MUST BE SOLD AS A PACKAGE. Serious investors only, please; preference for cash or commercial-loan purchasers.
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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.
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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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