Price Reduced Listing
Description
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.
Details
| MLS # | 6066050 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 43 |
| Listing Provided By | Tiffany Russell Group | Tiffany Russell |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,556 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 0.25 |
| Water Front | Yes |
| Property View | See Remarks |
Interior
| Interior Features | Ceiling Fan(s), Ceiling-High, Primary Bedroom on Main |
|---|---|
| Cooling | Central Air, Ductless |
| Heating | Central, Ductless |
| Appliances | Dishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater |
| Fireplaces Total | 0 |
| Window Features | See Remarks |
| Flooring | Tile, Wood |
Exterior
| Exterior Features | Exterior Steps, Private Yard |
|---|---|
| Roof | Asphalt, Metal |
| Foundation Details | Pillar/Post/Pier, Slab |
| Lot Features | Trees-Large (Over 40 Ft) |
| Patio And Porch Features | See Remarks |
| Fencing | Wood |
| Construction Materials | Frame, Cement Siding |
Parking
| Parking Features | Attached Carport, Driveway, Gravel, Off Street |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 8979 |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78721 |
| Area | 5 |
| Community Name | Grant Park |
| School District | Austin ISD |
| Elementary School | Sims |
| High School | Northeast Early College |
| Listing VS Median (in Grant Park) | |
Price: $574,900 low | high Med: $465,000 sqft: 1,556 low | high Med: 1,537 $ / sqft: $369 low | high Med: $303 On site: 43 low | high Med: 64 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 28, 2026 at 11:11:19 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78721 |
| Area | 5 |
| Community Name | Grant Park |
| School District | Austin ISD |
| Elementary School | Sims |
| High School | Northeast Early College |
| Listing VS Median (in Grant Park) | |
Price: $574,900 low | high Med: $465,000 sqft: 1,556 low | high Med: 1,537 $ / sqft: $369 low | high Med: $303 On site: 43 low | high Med: 64 | |
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