Cash-flowing income property in East Austin's Grant Park/East MLK neighborhood, minutes from Mueller and downtown. 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.
3 days
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139
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8
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tiffany Russell(512) 964-9439,
Tiffany Russell Group(512) 964-9439
Source: Unlock MLS,MLS#: 6066050
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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
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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