1614 Elmira Rd, Austin, TX 78721
- $595,000
- 3
- BD
- 2
- BA
- 1,556
- SqFt
- List Price
- $595,000
- Status
- ACTIVE
- Days on Market
- 16
- MLS#
- 6066050
- Subtype
- Residential
- Year Built
- 1957
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,556
- Lot Size
- 10,968
- Acres
- 0.25
- Subdivision
- Grant Park
- Neighborhood
- Grant Park
- MLS Area Major
- Austin - East
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.
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Additional Information
- Amenities
- Ceiling Fan(s), Ceiling-High, Primary Bedroom on Main
- Interior Features
- Ceiling Fan(s), Ceiling-High, Primary Bedroom on Main
- Exterior Features
- Exterior Steps, Private Yard
- Taxes
- $8,979
- Appliances
- Dishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater
- Heating
- Central, Ductless
- Air Conditioning
- Central Air, Ductless
- Exterior Construction
- Frame, Cement Siding
- Stories
- 1
- Levels
- One
- Roof
- Asphalt, Metal
- School District
- Austin ISD
- Elementary School
- Sims
- Middle School
- Garcia
- High School
- Northeast Early College
Mortgage Calculator
Listing courtesy of Tiffany Russell Group. Contact: (512) 964-9439
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