NEW INVESTOR SPECIAL — Two Homes, One Price in East Austin! Offered at $750,000, this cash-flowing attached duplex provides a rare opportunity in Central Austin, with the option to purchase each home separately. Investors have already taken notice of this one. This property features two fully separate homes located in… Read More East Austin’s desirable 78722 zip code. Tenants are responsible for all utilities and lawn care. Pro-forma NOI is projected at $57,150 per year with a cap rate of 7.62%. Estimated cash flow is approximately $1,068 per month with 20% down at a 6.25% rate, and the DSCR is 1.29, making it an easy qualifier. Buy the entire property for $750,000 or choose to purchase each home individually. Side A offers 1,354 square feet and is priced at $500,000. Side B offers 1,054 square feet and is priced at $350,000. This layout accommodates a wide range of strategies including long-term rentals, mid-term rentals, short-term rentals, house-hacking, owner-occupant income opportunities, 1031 exchanges, DSCR financing investors, and developers seeking flexible configurations. This is a rare chance to own two income-producing homes on one lot in one of Austin’s most sought-after neighborhoods. Properties like this seldom hit the market, and when they do, they move quickly. Our last listing in this area sold in three days with multiple offers. Read Less
Property listed by eXp Realty, LLC, Melanie Suber, (737) 888-4070.
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
7
Full Baths
4
Square Ft.
2,408
Lot Size
0.18 Acres
Year Built
1984
MLS Number
5947016
Additional Details
Building
Built in 1984, Stories: 1, 2,408 sqft living area, Wood Siding, One
Community
Curbs, Sidewalks
Exterior Features
Private Yard
Fence
Fenced, Wood
Floors
Wood
Foundation
Pillar Post Pier
Heating
Central
Interior Features
Built In Features, Ceiling Fans, Separate Formal Dining Room, High Speed Internet, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, Recessed Lighting
Laundry
Inside, Laundry Closet
Lot
0.1802 acres, Area: 0.1802, Back Yard, Corner Lot, Trees Large Size
Parking
Common
Property
Resale, Neighborhood
Roof
Composition
Sewer
Public Sewer
Taxes
Annual Amount: $16,633, Year: 2025
Utilities
Above Ground Utilities, Electricity Available, Natural Gas Connected
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