BEDS3
BATHS2 full
SQUARE FEET1,556
MLS#6066050
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGrant Park
SCHOOLAustin ISD
Property Description
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ductless
Days on Market: 12
Heating: Central, Ductless
Lot Size: 0.25 Acres
Roof Type: Asphalt, Metal
Stories: 1.0
Taxes: $8,979
Year Built: 1957
Amenities
Ceiling Fan(s)
High Ceilings
Electric Dryer Hookup
Primary Bedroom on Main
Washer Hookup
Exterior Steps
Private Yard
Feature Descriptions
Appliances: Dishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater
Area #: 5
Exterior: Frame, Cement Siding
Fencimg: Wood
Flood Plain: No
Flooring: Tile, Wood
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Trees-Large (Over 40 Ft)
Lot Dimensions: 0
Parcel#: 02122004220000
Parking: Attached Carport, Driveway, Gravel, Off Street
Parking Notes: Attached Carport, Driveway, Gravel, Off Street
Patio/Porch: See Remarks
Restrictions: City Restrictions, Covenant
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Window: See Remarks
Local Schools
High School: Northeast Early College
Middle School: Garcia
Elementary School: Sims
School District: Austin ISD
Listed By / Shown By
Listed By
Agency Name: Tiffany Russell Group
Agency Contact: (512) 964-9439
Shown By
Agency Name: PERIDOT REALTY GROUP
Agent Name: Sally Decelis Broker
Agent Phone: (512) 791-7419
Estimate Your Payment
Estimated Payment
$ 4,587.99 per month $3,666.20 Principal & Interest $748.25 Property Tax $173.54 Homeowner's Insurance