1403 Waterloo Trail

Austin, TX 78704

$635,000
Price
4
Beds
1,560 Sq. Ft.
$407 / Sq. Ft.
1,560
Sq. Ft.
$407
per Sq. Ft.
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Description

Positioned in the heart of Austin’s iconic 78704, this income-producing duplex blends prime location with meaningful upgrades and long-term upside. Recent capital improvements include new HVAC systems installed in 2025 and 2021, offering immediate value and improved efficiency from day one. Situated on an expansive .256-acre lot in Cinnamon Ridge with no HOA, the property features separate electric and gas meters and a slab foundation, providing streamlined management and strong potential for future...Positioned in the heart of Austin’s iconic 78704, this income-producing duplex blends prime location with meaningful upgrades and long-term upside. Recent capital improvements include new HVAC systems installed in 2025 and 2021, offering immediate value and improved efficiency from day one. Situated on an expansive .256-acre lot in Cinnamon Ridge with no HOA, the property features separate electric and gas meters and a slab foundation, providing streamlined management and strong potential for future value-add opportunities. Each unit features a functional single-story layout with efficient use of space, including open living areas, breakfast bar seating, durable tile and wood flooring, private entrances, and separately fenced yards, all designed to support consistent tenant demand and ease of leasing. Unit B was thoughtfully updated in 2015 with new walls, plumbing, electrical, energy-efficient windows, natural wood flooring, and a fully renovated kitchen and bath. Both units also include generous closet space and dedicated storage rooms located off the driveway. Zoned to Zilker Elementary, O. Henry Middle, and Austin High, the property benefits from highly desirable schools that further support long-term appreciation and tenant demand. Just minutes from South Lamar’s most sought-after destinations including Uchi, Loro, Odd Duck, Matt’s El Rancho, Easy Tiger, The Broken Spoke, Gibson Street Bar, Black Sheep Lodge, and Radio Coffee and Beer, you’re immersed in the best of Austin’s dining, live music, and nightlife. Enjoy quick access to Barton Springs, Zilker Park, and downtown, placing you at the center of everything that defines the 78704 lifestyle. With generous land size, strong income potential, and unmatched proximity to Austin’s cultural core, this property presents a rare opportunity to expand, enhance, or hold as a strategic asset where location, flexibility, and recent mechanical upgrades align.
  1. Listed by Nikki Pitt • TREC #0756486 • Brokerage DRE #588051 • Spyglass Realty
    P: (512)-810-3725 C: (512)-810-3725 nikkipitt24@gmail.com

Property Details for 1403 Waterloo Trail

Subdivision Name
Cinnamon Ridge
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
None
View YN
No
Pets Allowed
Yes
Parcel Number
04030707450000
LISTING UPDATED: 04/09/2026 09:53 PM

Property Details for 1403 Waterloo Trail

StatusActive
MLS #3711260
Days on Market35
Taxes$12,175 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1982
Lot Size0.26 AC / 11,151 SF
CountyTravis County
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Location

Listing Courtesy of Spyglass Realty, Nikki Pitt, TREC #0756486
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Building Information for 1403 Waterloo Trail

Stories1Residences2Year Built1982Building Size-Lot Size0.26 AC / 11,151 SF

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$4,212 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,198

Property Taxes

$1,015

HOA Dues

$0

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Property Information for 1403 Waterloo Trail

General Information
Parking
  • Garage Spaces: 0
  • Parking Total: 2
  • Parking Features: Carport
  • Carport: Yes
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Main Level Master
  • Flooring: Tile, Wood
  • Other Equipment: None
  • Appliances: Dishwasher, FreeStandingGasOven, Disposal, Microwave, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: LaundryCloset
  • Restrictions: NoRestrictions
Exterior
  • Exterior Features: Private Entrance, Private Yard
  • New Construction: No
  • Construction Materials: Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Fencing: Wood
  • Direction Faces: East
  • Window Features: Blinds
  • Accessibility Features: Accessible Closets
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Front Yard, Interior Lot
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities, Electricity Available
  • Owner Pays: None
Unit Information
Unit 1
  • UnitNum: B
  • BedsTotal: 2
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $1,950.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 04-30-2027
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,870.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: A
  • BedsTotal: 2
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $1,750.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 04-30-2027
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,750.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit Information
  • Number Of Units Total: 2
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $594,820
  • Additional Parcels: No
  • Tax Year: 2025
  • Tax Rate: 2.05%
Showing Information
Showing Information
  • Security Features: None
  • Directions: Head southwest on S. Lamar Blvd., turn left onto W. Oltorf St., turn right onto Thornton Rd and turn left onto Waterloo Trail

Property History for 1403 Waterloo Trail

DateEvent & SourcePriceAppreciationLink
Mar 19, 2026

Price Change

ACTRIS #3711260

$635,000——
Mar 5, 2026

Listed (Active)

ACTRIS #3711260

$665,000——
Jun 10, 2002

Sold

ACTRIS #641713

—
May 19, 2002

Pending

ACTRIS #641713

$149,000—
May 5, 2002

Listed (Active)

ACTRIS #641713

$148,500—
May 7, 1998

Sold

ACTRIS #452222

—
Mar 13, 1998

Pending

ACTRIS #452222

$110,000—
Feb 1, 1998

Listed (Active)

ACTRIS #452222

$110,000—
DateEvent & SourcePrice
03/19/2026

Price Change

ACTRIS #3711260

$635,000
03/05/2026

Listed (Active)

ACTRIS #3711260

$665,000
06/10/2002

Sold

ACTRIS #641713

—
05/19/2002

Pending

ACTRIS #641713

$149,000
05/05/2002

Listed (Active)

ACTRIS #641713

$148,500
05/07/1998

Sold

ACTRIS #452222

—
03/13/1998

Pending

ACTRIS #452222

$110,000
02/01/1998

Listed (Active)

ACTRIS #452222

$110,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1403 Waterloo Trail

Taxable ValueLand$495,000Additions$76,782Total$571,782
Tax Record2024$11,332 ($944 / month)
Home Facts
Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size11,160 SqFtStyleDuplexYear Built1982CountyTRAVISAPN04030707450000

Schools near 1403 Waterloo Trail

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Zilker Elementary School
Public - PK to 5
O Henry Middle School
Public - 6 to 8
Austin High School
Public - 9 to 12
Richards School For Young Women Leaders
Public - 6 to 12
Rating
School
Distance
Zilker Elementary School
PublicPK to 5

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Richards School For Young Women Leaders
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1403 Waterloo Trail, Austin, TX 78704

1403 Waterloo Trail is a multi-family home for sale in Austin, TX 78704. This property was listed for sale on March 5, 2026 by Spyglass Realty, it's currently listed at $635,000. It has been on the market for a total of 35 days and was last sold on June 10, 2002. This listing's school district is Austin Independent School District. Nearby schools include Zilker Elementary School, O Henry Middle School and Austin High School. 1403 Waterloo Trail is a 4-bed, 2-bath, 1,560 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Spyglass Realty, Nikki Pitt, TREC #0756486

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.