1401 GREENWOOD AVENUE #1 & 2, AUSTIN, TX 78721
Homes for sale in Austin.
Homes for sale in 78721.
1401 Greenwood Avenue #1 & 2
Austin, TX 78721
List Price$485,000
Listing #6536216
4
Bedrooms
2 full, 1 partial
Bathrooms
1,600
Square Feet
House
Type
About This Property
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.
Property Features
Location Information
County
Travis
Subdivision
Greenwood Heights
County
Travis
Directions
MLK East, RT Airport, LF E 12th, LF Greenwood
Area
5
Interior Features
Interior
In-Law Floorplan, Main Level Primary, Multiple Primary Suites, Multiple Closets, Open Floorplan, Storage, Vaulted Ceiling(s)
Floors
Vinyl
Primary Bedroom On Main
Yes
Laundry
Inside, In Kitchen, Laundry Room, In Unit
Full Baths
2
Disabled Features
None
1/2 Baths
1
Appliances
Cooktop, Dryer, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Oven, Range, Refrigerator, Range Hood, Washer
Number of Fireplaces
0
Accessibility
None
Heating
Forced Air
Exterior Features
Style
Frame, HardiPlank Type, Wood Siding
Parking Description
Driveway
Stories
1
Garage Spaces
0
Is New Construction
No
Fencing
Back Yard, Fenced, Gate, Perimeter, Wood
Construction/Exterior
Frame, HardiPlank Type, Wood Siding
Lot Size in Acres
0.269
Exterior
Barbecue, Private Yard
Waterfront Description
Creek
Foundation
Slab
Has Waterfront
No
Possession
Close Of Escrow
Has View
Yes
Water / Sewer
Public Sewer
View
Creek/Stream
Water
Public
Is One Story
Yes
School
Elementary School District
Austin ISD
Middle School
Garcia
Elementary School
Sims
High School
Northeast Early College
Additional Information
Roof/Attic
Shingle
APN
02111701520000
Other Utilities
Above Ground Utilities, Electricity Connected, Fiber Optic Available, Natural Gas Available, Sewer Connected
Status
Active Under Contract
Property Type
SFR
Documents Available
None
Property SubType
Single Family Residence
Square Feet Source
Public Records
Year Built
1959
Similar Listings
Mortgage Calculator
$2,264
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,747
Monthly Tax
$404
Monthly Insurance
$113
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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