Turnkey income property in East Austin's Grant Park/East MLK neighborhood, minutes from Mueller and downtown. Both units are currently leased, delivering immediate cash flow on day one. The main house (Unit 1) offers 3 bedrooms and 1 bath in approximately 1,024 square feet, built in 1957, with a long-term tenant in place. The side entry ADU (Unit 2), built in 2021, is a 1-bedroom, 1-bath studio with soaring 15-foot vaulted ceilings, a private entrance, and its own fenced yard, historically leased on a flexible short-term basis for consistent rental income. 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.
Listed By
Agency Name: Tiffany Russell Group
Agency Contact: (512) 964-9439
Shown By
Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City
Estimated Payment
$ 2,246.00 per month $1,324.21 Principal & Interest $748.25 Property Tax $173.54 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1614 Elmira Rd | MLS# 6066050
This single family home located at 1614 Elmira Rd, Austin, TX 78721 is currently listed for sale with an asking price of $595,000. This property was built in 1957 and has 3 bedrooms and 2 full baths with 1556 sq. ft. Elmira Rd is located in the Grant Park subdivision within the Austin ISD school district. Search Grant Park real estate on gilbertg.rmcapitalcity.com today.