1137 Richardine Ave is a perfectly placed East Austin charmer with a secret advantage: a completely separate converted suite that’s been successfully used as an Airbnb. The main home offers two bedrooms and one full bathroom across roughly 800 square feet, sitting on a generous lot in the heart of… Read More 78721. Inside, the layout is simple, efficient, and easy to maintain, with natural light and a comfortable flow that fits first-time buyers, downsizers, or anyone wanting a low-maintenance footprint in one of Austin’s most dynamic neighborhoods. Behind the main home sits the real bonus—a detached guest suite with its own private entrance and full bathroom. Fully separated from the house, it’s ideal for short-term rentals, traveling nurses, long-term guests, or a private studio or workspace. Historically, the back unit has generated $1,500–$2,200 per month in Airbnb income, while the front house has rented for $2,400–$2,800 per month. Together, the property has produced approximately $4,400 per month, or $53,000 annually, with potential to further optimize returns. Fully paid-off solar panels add another layer of value by helping keep ongoing utility costs low. Furniture negotiable. The location adds even more value, with quick access to Mueller, Springdale General, Downtown, and nearby parks and trails. Whether someone wants a flexible living setup, a mortgage-offsetting rental, or a smart long-term hold in East Austin, this property delivers the kind of versatility and cash flow potential that’s hard to find at this price point. Read Less
Property listed by Open House Austin Group LLC 512-222-3720 (512) 222-3720
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,025
Lot Size
0.14 Acres
Year Built
1986
MLS Number
3256336
Additional Details
Heating
Central
Building
Built in 1986, Stories: 1, 1,025 sqft living area, Frame, One
Disclosures
Seller Disclosure
Exterior Features
Exterior Steps, Private Yard
Fence
Fenced, Privacy, Wood
Floors
Laminate
Foundation
Pillar Post Pier
Interior Features
Main Level Primary
Laundry
Laundry Closet, Main Level, Stacked
Lot
0.141 acres, Area: 0.141, Dimensions: 57 x 110, Level, Moderate Trees, Many Trees, Trees Small Size
Energy Saving
Materials
Parking
Off Street
Property
Resale
Roof
Composition
Sewer
Public Sewer
Taxes
Annual Amount: $6,939, Year: 2025
Utilities
Electricity Available, Natural Gas Available
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Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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