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Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin! This unique property combines a spacious main house with two income-generating accessory dwelling units (ADUs), located just minutes from downtown Austin and Lady Bird Lake. Whether you're looking to live in the main house and generate rental income or host guests, this property offers great flexibility and the opportunity to offset mortgage costs significantly. Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently short-term rentals with top ratings (4.8+), providing a steady stream of income. -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units"”offering long-term growth potential. Set on an 11,325 sq ft lot, this property offers the perfect balance of immediate comfort and future possibilities. Live in the main house while enjoying reliable rental income from the ADUs, or explore the potential for expansion in Austin's rapidly growing market. Whether you're an owner-occupant or looking to maximize rental income, this property provides the best of both worlds. Don't miss out"”schedule a tour today and discover all the potential this property has to offer!
| LAST UPDATED | 11/21/2024 | TRACT | Elmhurst |
|---|---|---|---|
| YEAR BUILT | 1938 | COMMUNITY | Elmhurst |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Travis Hts |
|---|---|
| Jr. High School | Lively |
| High School | Travis |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Varies by Unit |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Free-Standing Gas Range, Refrigerator, Washer/Dryer |
| AREA | 9 |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | None |
| HEAT | Central, Varies by Unit |
| INTERIOR | Eat-in Kitchen, Master Downstairs |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | 1st Floor Entry, 2nd Floor Entry, See Remarks |
| SUBDIVISION | Elmhurst |
| TAXES | 9561 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Phone Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Downtown |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Caitlin Sullivan, JBGoodwin REALTORS WL
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 11/21/24 8:49 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2024.