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INVESTOR SPECIAL WITH EXCEPTIONAL UPSIDE IN SOUTHEAST AUSTIN! Situated on a 6,713-sq-ft lot, this 1940s bungalow offers approximately 650 sq ft of extensively renovated living space and exciting potential to create multiple income streams. Taken down to the studs, improvements include new electrical, plumbing, and water lines, a tankless water heater, insulation, drywall, an updated bathroom and flooring, new exterior siding, windows, and doors. Original hardwood floors preserve a touch of vintage charm. The real opportunity extends beyond the existing home! Explore the potential for a condo regime and a larger second residence at the rear of the property, creating a compelling live-in-one/rent-the-other strategy or the opportunity to generate rental income from two separate homes, subject to City approvals. Location is a major differentiator, with convenient access to Austin-Bergstrom International Airport, Downtown Austin, East Austin, and Lady Bird Lake's hike-and-bike trail. Most notably, the property sits adjacent to the planned Dog's Head development, an ambitious 2,614-acre mixed-use district envisioned to bring housing, employment, retail, public open space, and miles of trails along the Colorado River. As this transformative project moves forward, investors have an opportunity to position themselves near a major planned growth area while exploring the potential to add a second residence and build long-term rental income. Whether you envision a dual-rental investment, an owner-occupied property with supplemental income, or a future development play, this is a unique opportunity to unlock value in an evolving corner of Austin. Buyer to independently verify zoning, condo regime eligibility, development feasibility, utilities, and all required City approvals.
| LAST UPDATED | 10/17/2026 | TRACT | DELVALLE S |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | DELVALLE S |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Smith |
|---|---|
| Jr. High School | Del Valle |
| High School | Del Valle |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Free-Standing Electric Oven, Stainless Steel Appliance(s) |
| AREA | SE |
| CONSTRUCTION | Vertical Siding |
| HEAT | Electric |
| INTERIOR | Ceiling Fan(s), Stone Counters |
| LOT | 6713 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Level |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | DELVALLE S |
| TAXES | 6014.72 |
| UTILITIES | Electricity Connected, Sewer Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood, Trees/Woods |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Laura ivy Blessing, Keller Williams Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 10/17/26 1:55 PM PDT. 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 2026.