$1,050,000

About this home

Set on a corner lot in the heart of West Campus, this charming property pairs classic Craftsman character with established rental income and five dedicated off-street parking spaces, a rare combination this close to the University of Texas. A covered front porch welcomes you to the main home where warm hardwood floors, a decorative fireplace and a spacious kitchen create an inviting sense of home. Two full bathrooms and a flexible layout feature four large bedrooms or three bedrooms plus a second living or flex space. The home has +/-1,604 sq. ft. per TCAD and is leased for $4,800 per month through July 31, 2027. Positioned behind the main house, Unit B offers a 652-square-foot (also per TCAD), one-bedroom, one-bath loft-style apartment and is leased for $1,200 per month through April 30, 2027. Together, the residences generate $6,000 in current monthly gross scheduled rent. Five dedicated parking spaces provide one for each bedroom which is a standout convenience near campus. Truly, a car isn't needed though as the University of Texas, the Drag, restaurants, shopping, coffee shops, and entertainment are all within a short walk, bike, or scooter ride. Proximity to UT supports the property’s rental appeal with a history of pre-leasing well in advance. As West Campus evolves with development and new construction, this property offers the character and space of a stand-alone home alongside opportunities to explore its longer-term potential. For example, Austin’s HOME initiative may provide a path to add a third dwelling unit, potentially generating even more income. Whether retaining the existing residences or exploring future development options, bring your vision to this property where a compelling next chapter is ready to be explored. Buyer to independently verify development feasibility to their satisfaction.

Description provided by the listing brokerage.

Facts

Property type

Residential · See Remarks

Year built

1924

Lot size

0.15 acres

Living area

2,256 sq ft

Price per sq ft

$465

Bathrooms

3 full, 0 half

Annual taxes

$16,003

County

Travis

Neighborhood

Byrnes James Subd

School district

Austin ISD

Schools

Bryker Woods · O Henry · Austin

Features

Roof

Composition, Tar/Gravel

View

Neighborhood

Sewer

Public Sewer

Levels

One

Cooling

Ceiling Fan(s), Central Air, Electric, Varies by Unit, Wall/Window Unit(s)

Fencing

Chain Link, Partial, Wood, See Remarks

Heating

Central, Electric, Heat Pump, Separate Meters, Varies by Unit, Wall Furnace

Flooring

Tile, Vinyl, Wood

Utilities

Electricity Connected, Natural Gas Connected, Water Connected, See Remarks

Appliances

Dishwasher, Disposal, Electric Range, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Water Heater

Lot

Corner Lot, Trees-Medium (20 Ft - 40 Ft)

Water

Public

Pool

None

Horse amenities

None

Windows

Blinds, Window Coverings

Parking

Common, Gravel, Kitchen Level, Off Street, Open, Side By Side

Exterior

Exterior Steps

Interior

Built-in Features, Ceiling Fan(s), Beamed Ceilings, Ceiling-High, Laminate Counters, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Walk-In Closet(s)

Community

None

Fireplace

See Remarks, Living Room, Masonry

Foundation

Pillar/Post/Pier

Waterfront

None

Energy efficiency

None

Accessibility

None

Construction

Frame

Patio & porch

Covered, Enclosed, Front Porch, Screened

Location