About this home

Rare opportunity in the desirable Bouldin area of 78704, minutes from Downtown Austin! Situated on an approximately 8,612 SF (.198-acre) corner lot in prime Central Austin, this property offers three separate living spaces on one lot: a 2BR/2BA main house (approx. 1,104 SF) plus two private guest apartments behind it - ideal for an owner-occupant, multigenerational living, or an investor seeking rental income. The main house was renovated in 2021 with a remodeled bathroom, refinished original hardwood floors, fresh paint, a new refrigerator, and foam insulation in the walls and under the house. Windows have been updated throughout. The rear building has two independent units, each with its own private entrance and access to the gated yard: Upper (approx. 660 SF): 2BR/1BA, large porch screened in 2021, washer/dryer, updated HVAC. Leased to long-term tenants for approximately 10 years. Interior not yet updated - room to renovate. Lower (approx. 660 SF including storage area): 1BR/1BA, furnished, washer/dryer. Currently a short-term rental. The storage area may be converted to expand living space, subject to buyer verification of permitting. Current gross rental income is approximately $6,600/month ($79,200 annually) per seller. All three units are currently tenant-occupied; rent roll and lease details available upon request. A buyer's use of the main house is subject to current lease terms. Parking for up to 7 vehicles. Any STR use is subject to buyer verification of applicable city regulations and permitting. Owner pays utilities. Square footages per Travis CAD; approximate, buyer to verify. A flexible, income-supported property in one of Austin's most sought-after neighborhoods. Close to South Congress, South Lamar, and Lady Bird Lake, with restaurants, shopping, and entertainment nearby. The 8,612 SF corner lot may also offer redevelopment potential, subject to buyer verification of zoning and permitting.

Property details

Property type

Residential

Status

Active

Year built

1954

Full baths

4

Lot size

0.1977

Subdivision

Shelton Willie I

MLS area

6

MLS #

246969230

Features

Additional details

Parking

Asphalt, Gravel, Outside

Roof

Membrane, Shingle

Foundation

Slab

Annual tax

$14,686

Schools

Assigned schools per the MLS.

School district

Austin ISD

Elementary

Travis Hts

Middle

Lively

High

Travis

See Austin ISD schools & boundaries →

Getting around

Downtown Austin

1.8 mi

Austin-Bergstrom Airport

6.2 mi

Straight-line distance, not drive time.

Market insights

Compared with 558 active homes in ZIP 78704 · HomeLocating listings

At $1,180,000, this home is priced 54% above the $765,000 median across 558 active homes in ZIP 78704.

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