Active

Price cut: $20.1K (8/24)

$574,900

1614 Elmira Rd, Austin, TX 78721

3beds

1,556sqft

$4,043/mo

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Single Family Residence

Built in 1957

0.25 Acres Lot

$-- Zestimate^®

$369/sqft

$-- HOA

What's special

Its own fenced yardPrivate entrance

Cash-flowing income property in East Austin's Grant Park/East MLK neighborhood, minutes from Mueller and downtown. Owner financing available at 4.99%. The main house (Unit 1) offers 3 bedrooms and 1 bath in approximately 1,024 square feet, built in 1957, leased through June 2027 with a long-term tenant in place, and recently updated with a new roof, HVAC, water heater, and water/sewer lines. The side-entry ADU (Unit 2), built in 2021 and City of Austin permitted, is a 1-bedroom, 1-bath studio with soaring 15-foot vaulted ceilings, a private entrance, and its own fenced yard, operated as a mid-term rental with income that varies seasonally. Set on a spacious 0.25-acre lot, this property offers multiple paths forward: hold for cash flow, remodel, or redevelop to maximize rental income in one of East Austin's fastest-evolving corridors. Seller financing may be available to qualified buyers, inquire with listing agent for details. Buyer and buyer's agent to verify all information.

55 days
308
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Heating

Central, Ductless

Cooling

Central Air, Ductless

Appliances

Included: Dishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater

Features

Ceiling Fan(s), High Ceilings, Electric Dryer Hookup, Primary Bedroom on Main, Washer Hookup
Flooring: Tile, Wood
Windows: See Remarks

Interior area

Total interior livable area: 1,556 sqft

Property

Parking

Parking features: Attached Carport, Driveway, Gravel, Off Street
Has attached garage: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: See Remarks
Exterior features: Exterior Steps, Private Yard
Pool features: None
Fencing: Wood
Has view: Yes
View description: See Remarks
Waterfront features: None

Lot

Size: 0.25 Acres
Features: Trees-Large (Over 40 Ft)

Details

Additional structures: See Remarks, Guest House, Residence, Second Residence
Parcel number: 02122004220000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Pillar/Post/Pier, Slab
Roof: Asphalt, Metal

Condition

Resale
New construction: No
Year built: 1957

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: None
Subdivision: Grant Park

HOA

Has HOA: No

Location

Region: Austin

Financial & listing details

Price per square foot: $369/sqft
Tax assessed value: $438,569
Annual tax amount: $8,979
Date on market: 7/16/2026
Listing terms: Cash,Conventional,Owner May Carry
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/24/2026	Price change	$574,900-3.4%$369/sqft
Source: Unlock MLS #6066050 Report a problem
7/16/2026	Listed for sale	$595,000$382/sqft
Source: Unlock MLS #6066050 Report a problem
2/5/2026	Listing removed	$595,000$382/sqft
Source: Unlock MLS #8155517 Report a problem
1/27/2026	Listed for sale	$595,000+138%$382/sqft
Source: Unlock MLS #8155517 Report a problem
6/13/2025	Listing removed	$1,895$1/sqft
Source: Zillow Rentals Report a problem
6/1/2025	Listed for rent	$1,895+2.4%$1/sqft
Source: Zillow Rentals Report a problem
2/18/2025	Listing removed	$1,850$1/sqft
Source: Zillow Rentals Report a problem
1/21/2025	Listed for rent	$1,850+5.7%$1/sqft
Source: Zillow Rentals Report a problem
12/26/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
12/15/2021	Listed for rent	$1,750+6.1%$1/sqft
Source: Zillow Rental Manager Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
11/9/2018	Listing removed	$1,650$1/sqft
Source: Owner Report a problem
10/8/2018	Listed for rent	$1,650$1/sqft
Source: Owner Report a problem
2/2/2018	Listing removed	$250,000$161/sqft
Source: Access Realty #1987228 Report a problem
12/22/2017	Pending sale	$250,000$161/sqft
Source: Access Realty #1987228 Report a problem
12/4/2017	Listed for sale	$250,000$161/sqft
Source: Access Realty #1987228 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,975 -4.5%	$438,569 -7.6%
2024	$9,402 +4.7%	$474,395 -4.4%
2023	$8,981 -16.1%	$496,395 -18.9%
2022	$10,702	$612,318 +132.1%
2021	--	$263,857 +21.6%
2020	$4,832 +3.8%	$217,000 -13.1%
2019	$4,654 +39.9%	$249,687 +30.3%
2018	$3,326	$191,654 +10%
2017	$3,326 +19.9%	$174,231 +10%
2016	$2,775	$158,392 +10%
2015	$2,775	$143,993 +10%
2014	$2,775	$130,903 +10%
2013	--	$119,003 +6.6%
2012	--	$111,658 -1.1%
2011	--	$112,954 -12.4%
2010	--	$128,939 +8.3%
2009	--	$119,022 +10%
2008	--	$108,202 +9.3%
2007	--	$99,023 +28%
2006	--	$77,334 +10%
2005	--	$70,297