Market insights

Compared with 118 active homes in ZIP 78721 · HomeLocating listings

Property details

Property type

Residential · SingleFamilyResidence

Status

Active

Year built

1957

Full baths

2

Lot size

0.2518

Subdivision

Grant Park

MLS area

5

MLS #

244889755

Features

Additional details

Parking

Attached Carport, Driveway, Gravel, Off Street

Garage spaces

0

Roof

Asphalt, Metal

Foundation

Pillar/Post/Pier, Slab

Annual tax

$8,979

Schools

Assigned schools per the MLS.

School district

Austin ISD

Elementary

Sims

Middle

Garcia

High

Northeast Early College

About this home

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.

Location

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