Austin, TX 78722
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 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.
| MLS ID | 5947016 | |
| Status | Active | |
| Days Active | 61 | |
| Est. Tax | 16632.59 | |
| Lot Size | 0.1802 | |
| Year Built | 1984 | |
| Total Bedrooms | 7 | |
| 1st Floor Bedrooms | 6 | |
| Full Baths | 4 | |
| Half Baths | 0 | |
| Square Feet | 2408 | |
| Price Per SqFt | $311.46 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | ||
| Flooring | Wood | |
| Stories | One | |
| Pool | No | |
| Courtesy of | eXp Realty, LLC (737) 888-4070 | |
| Subdivision | Dancy Add | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | CompositionComposition | |
| Construction | ||
| Foundation | Pillar/Post/Pier | |
| Fencing | Fenced, Wood | |
| Elementary School | Maplewood | |
| Elementary District | Austin ISD | |
| Middle School | Kealing | |
| Middle District | Austin ISD | |
| High School | McCallum | |
| High District | Austin ISD | |
| Appliances | Dishwasher, Gas Range, MicrowaveDishwasher, Gas Range, Microwave | |
| Heating | Central | |
| Cooling | Ceiling Fan(s), Central Air | |
| Exterior Features | Private Yard | |
| Lot Features | Back Yard, Corner Lot, Trees-Large (Over 40 Ft) | |
| Community Features | Curbs, Sidewalks | |
| Patio Features | Covered, Front Porch | |
| Structures | None | |
| Interior Features | 2 Primary Suites, Built-in Features, Ceiling Fan(s), High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting | |
| Fencing Features | Fenced, Wood | |
| Parking Features | Common | |
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