1401 Greenwood Ave #1 & 2 Active

Austin,TX 78721

$ 485000

4 Beds

2.5 Baths

1600 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $303

Subdivision Greenwood Heights

MLS Listing ID 6536216

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1959

Annual Tax Amount $7,643

Tax Year 2024

Lot Size 0.269 Acres

Property Sub-Type Single Family Residence

Property Description

Welcome to an ultra-rare opportunity in East Austin: two homes on one lot, optimized for house hacking, investment, or multigenerational living. Imagine your mortgage being partially paid by the front unit while you live in—or lease out—the back.

Front Home
• 2 bedrooms, 1 bath
• Fully operational short-term rental with proven income track record
• Thoughtfully maintained, turnkey ready

Rear Home
• 2 bedrooms, 1.5 baths
• Spacious, private, and comfortable—ideal for long-term occupancy
• Room for customization or upgrades

Property Highlights
• Prime East Austin location, walkable to coffee shops, tacos, parks & nightlife
• Over 0.27 acres (approx.) in size — generous outdoor space for entertaining, gardens, or expansion
• Covered front porch, backyard storage, mature trees offering privacy and shade
• No HOA (freedom to make your vision a reality)
• Proven investment upside: existing income stream plus upside potential
Hot tub hook ups ready to go (the square pea gravel in the backyard)

This isn't just a single-family home; it's a strategic real estate play. Whether you want passive income, partial mortgage relief, or flexible multi-unit living, 1401 Greenwood delivers. Compounds like this rarely hit the market in East Austin.

Location

State TX

County Travis

Interior

Heating Forced Air

Cooling Multi Units

Flooring Vinyl

Exterior

Exterior Feature Barbecue,Private Yard

Fence Back Yard,Fenced,Gate,Perimeter,Wood

Pool None

Community Features None

Utilities Available Above Ground,Electricity Connected,High Speed Internet,Natural Gas Available,Sewer Connected

Waterfront Description Creek

View Creek/Stream

Roof Type Shingle

Building

Lot Description Back Yard,Level,Many Trees

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Frame,HardiPlank Type,Wood Siding

New Construction No

Schools

Elementary Schools Sims

Middle Schools Garcia

High Schools Northeast Early College

School District Austin Isd

Others

Special Listing Condition Standard

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