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$595,000
3 Beds ⋅ 2 Baths ⋅ 6066050 MLS
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.

1614 Elmira Rd, Austin

Listing courtesy of Tiffany Russell Group. Contact: (512) 964-9439
$465,000
3 Beds ⋅ 2 Baths ⋅ 2439265 MLS
Welcome home to this beautifully updated 3-bedroom, 2-bath residence offering 1,537 square feet of comfortable living space on an expansive 0.297-acre lot. Originally built in 1955 and fully remodeled in 2017, this move-in-ready home seamlessly blends timeless character with modern finishes and an open-concept floor plan designed for today's lifestyle. An attached 1-car carport adds everyday convenience. Inside, you'll find luxury vinyl plank flooring throughout the main living areas. The open-concept kitchen features a central island topped with granite countertops, a free-standing gas range, and a sleek stainless steel range hood. This functional space is seamlessly styled with white cabinetry, a glossy grey tile backsplash, and stainless steel appliances, making it ideal for both everyday living and entertaining. The primary suite offers a spacious carpeted bedroom with high ceilings and a sliding barn door that leads into the ensuite bath. The primary bathroom is equipped with a rustic double-vessel sink vanity and a walk-in glass shower adorned with classic white subway tile and penny-tile flooring. Additional bedrooms are generously sized and feature carpet flooring for comfort. A dedicated laundry room adds convenience to the home's functional layout. Step outside to enjoy the covered patio overlooking the oversized backyard, complete with mature shade trees and plenty of space for outdoor activities, gardening, or future additions. Ideally located just 4 minutes from Mueller Town Center, a few blocks from Morris Williams Golf Course, and only a short drive to The University of Texas and Downtown Austin, this home offers the perfect combination of convenience, recreation, and accessibility. This move-in-ready property combines comfort, functionality, and an unbeatable location in one exceptional package.

4504 Kitty Ave, Austin

Listing courtesy of Watters International Realty. Contact: (512) 646-0038