Live in One, Rent the Other | Rare Austin Income Property Two Homes on One Lot | Income Opportunity
Minutes from Downtown! Rare two-homes-on-one-lot investment opportunity just minutes from downtown Austin. This versatile property offers immediate rental income with exceptional flexibility for investors or owner-occupants.** The duplex-style setup features two separate homes, making it ideal for **short-term rentals, long-term leasing, house-hacking, multi-generational living, or a 1031 exchange.** The main residence is a spacious 4-bedroom, 2.5-bath home currently leased for $3,100/month, while the secondary 2-bedroom, 1-bath home is currently rented for $2,150/month, providing built-in income from day one. Situated on a large lot with space to relax or entertain, the property also provides a four-car driveway for convenient off-street parking. The location is hard to beat minutes to downtown Austin and walkable to acclaimed restaurants like Birdie’s Restaurant & Wine Bar and Nixta Taqueria, plus Austin Community College just two blocks away. Whether you're looking for income potential, a live-in investment, or a flexible Austin property with multiple strategies, this rare opportunity delivers.Two homes on one lot- not condos! You own both!Front home is 1574 sq ft per appraisalBack house is 864 sq ft per appraisal