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1614 Elmira RD, Austin TX 78721
MLS #244889755 · Tiffany Russell Group · Tiffany Russell
About this home
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.
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
Interior features
- Ceiling Fan(s)
- High Ceilings
- Electric Dryer Hookup
- Primary Bedroom on Main
- Washer Hookup
Exterior features
- Exterior Steps
- Private Yard
Additional details
- Parking
- Attached Carport, Driveway, Gravel, Off Street
- Garage spaces
- 0
- Roof
- Asphalt, Metal
- Foundation
- Pillar/Post/Pier, Slab
- Annual tax
- $8,979
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Sims
- Middle
- Garcia
- High
- Northeast Early College
Comparable homes near 1614 Elmira RD
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 3.6 mi
- Austin-Bergstrom Airport
- 6.1 mi
Straight-line distance, not drive time.
Market insights
Compared with 172 active homes in ZIP 78721 · HomeLocating listings
At $574,900, this home is priced 21% above the $475,000 median across 172 active homes in ZIP 78721.
Estimated monthly payment
Home price
$574,900
Down payment
20% ($114,980)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Tiffany Russell Group · Tiffany Russell
Listing data last updated Sep 23, 2026, 5:46 PM
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