Austin, TX 78721
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.
| MLS ID | 6066050 | |
| Status | Active | |
| Days Active | 34 | |
| Est. Tax | 8979.25 | |
| Lot Size | 0.2518 | |
| Year Built | 1957 | |
| Total Bedrooms | 3 | |
| 1st Floor Bedrooms | 3 | |
| Full Baths | 2 | |
| Half Baths | 0 | |
| Square Feet | 1556 | |
| Price Per SqFt | $382.39 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | ||
| Flooring | Tile, Wood | |
| Stories | One | |
| Pool | No | |
| Courtesy of | Tiffany Russell Group (512) 964-9439 | |
| Subdivision | Grant Park | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | Asphalt, MetalAsphalt, Metal | |
| Construction | ||
| Foundation | Pillar/Post/Pier, Slab | |
| Fencing | Wood | |
| Elementary School | Sims | |
| Elementary District | Austin ISD | |
| Middle School | Garcia | |
| Middle District | Austin ISD | |
| High School | Northeast Early College | |
| High District | Austin ISD | |
| Appliances | Dishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water HeaterDishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater | |
| Heating | Central, Ductless | |
| Cooling | Central Air, Ductless | |
| Exterior Features | Exterior Steps, Private Yard | |
| Lot Features | Trees-Large (Over 40 Ft) | |
| Community Features | None | |
| Patio Features | See Remarks | |
| Structures | See Remarks, Guest House, Residence, Second Residence | |
| Interior Features | Ceiling Fan(s), High Ceilings, Electric Dryer Hookup, Primary Bedroom on Main, Washer Hookup | |
| Fencing Features | Wood | |
| Parking Features | Attached Carport, Driveway, Gravel, Off Street | |
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