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… Read More 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. Read Less
Property listed by Tiffany Russell Group 512-964-9439 (512) 964-9439
Listing Snapshot
Days Online
10
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,556
Lot Size
0.25 Acres
Year Built
1957
MLS Number
6066050
Additional Details
Sewer
Public Sewer
Building
Built in 1957, Stories: 1, 1,556 sqft living area, Cement Siding, Frame, One
Disclosures
Lead Based Paint Disclosure, Seller Disclosure
Exterior Features
Exterior Steps, Private Yard
Fence
Wood
Floors
Tile, Wood
Foundation
Pillar Post Pier, Slab
Heating
Central, Ductless
Interior Features
Ceiling Fans, High Ceilings, Main Level Primary
Laundry
Inside, Laundry Closet, Washer Hookup, Electric Dryer Hookup, Stacked
Lot
0.2518 acres, Area: 0.2518, Trees Large Size
Parking
Attached Carport, Driveway, Gravel, Off Street
Property
Resale
Roof
Asphalt, Metal
Taxes
Annual Amount: $8,979, Year: 2026
Utilities
Electricity Connected, Natural Gas Connected
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