Est. payment - /mo

1,721 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,721 sqft

Subdivision St Johns College Addn

MLS Listing ID 7799790

Year Built 1984

Annual Tax Amount $8,387

Tax Year 2026

Property Sub-Type Duplex

Property Description

Exceptional value-add investment opportunity in Austin's rapidly evolving St. Johns corridor. Situated on a large 8,189-square-foot lot, the property features two 3-bedroom, 1-bathroom units, a highly sought-after configuration for workforce and family housing. Unit A is occupied on a month-month agreemen with reliable Section 8-backed income at $1,025/month (Section 8 voucher is for $391/mo, Tenant pays $624/mo). Unit B was previously rented at $1,200/month and presents immediate upside through re-leasing or the potential for increased rental income through modest updates and finish-out improvements, creating an attractive value-add opportunity for the next owner. The property has durable hard tile flooring, separate fenced yards, functional layouts, and long-term flexibility for investors seeking both cash flow and appreciation potential. Surrounded by new construction and redevelopment, with many nearby properties being transformed into multiple residences, this location benefits from increasing density and strong demand. Just minutes away, Mueller offers an exceptional mix of lifestyle amenities including scenic trails, parks, playgrounds, the popular Mueller Lake Park, weekend farmers markets, and a growing collection of local favorites such as Halcyon, BD Riley's Irish Pub, L'Oca d'Oro, Veracruz All Natural, and the Alamo Drafthouse. The Domain, Austin's premier mixed-use destination, is also nearby and features luxury shopping, high-end dining, vibrant nightlife, and major employers throughout the city's technology corridor. Residents can enjoy destinations such as North Italia, Culinary Dropout, True Food Kitchen, Velvet Taco, Perry's Steakhouse, and numerous entertainment venues, while soccer fans will appreciate being just minutes from Q2 Stadium, home of Austin FC. This is an ideal opportunity for investors seeking a manageable investment with multiple paths to create equity while providing quality housing in one of Austin's emerging growth areas.

Location

State TX

County Travis

Area 3

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Tile

Exterior

Exterior Feature No Exterior Steps, Private Entrance

Fence Chain Link, Privacy, Wood

Pool None

Community Features None

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Available, Water Connected

Waterfront Description None

View None

Roof Type Composition

Building

Lot Description Level, Trees-Large (Over 40 Ft)

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Masonry – Partial,Wood Siding

New Construction No

Schools

Elementary Schools Pickle

Middle Schools Webb

High Schools Northeast Early College

School District Austin Isd

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Pets Allowed Negotiable

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Listed by eXp Realty, LLC • Sonya Cunningham
Bought with Capital Realty

NEARBY SCHOOL & BUSINESS

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Kyle Adcock

+1(210) 313-1300

Agent | License ID: 741767

Agent License ID: 741767

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7307 Carver Ave Austin, TX 78752