$1,250,000

Property Overview

This 1935 bungalow on 10th Street in Tarrytown's coveted Deep Eddy section represents a rare ownership opportunity in one of Austin's most established neighborhoods. Currently operating as a dual-unit income property, the home showcases smart modern upgrades including new HVAC, plumbing, and exterior paint throughout, while Unit B features a new picture window, appliances, and additional storage. The 2,203 square feet sit on a generous 6,712-square-foot lot lined with mature trees, offering the kind of breathing room that defines this prestigious pocket near Lake Austin.

Investors and homeowners alike will appreciate the flexibility this property affords. The existing rental income provides immediate cash flow, yet the bones and layout also support conversion back into a single-family residence for those drawn to Tarrytown's tree-canopied streets and top-rated schools. At $567 per square foot—13 percent below the neighborhood median—this Deep Eddy gem offers compelling value in a location where homes rarely change hands. The home's vintage character, combined with its strategic upgrades and strong central Austin positioning, makes it a distinctive asset in a market where authentic Tarrytown inventory moves quickly.

Vox Residential Insight

The dual-unit configuration and recent mechanical updates make this Deep Eddy property especially appealing to savvy investors seeking established Austin neighborhoods with consistent appreciation, though its conversion potential shouldn't be overlooked for owner-occupants. Vox Residential recognizes that opportunities at this price point in Tarrytown are genuinely uncommon, and the seven-day market time reflects serious investor interest.

Agent Description

Classic Deep Eddy / Tarrytown Opportunity Tucked into one of Austin’s most established and sought-after pockets, this 1934 bungalow blends timeless character with meaningful modern updates. Located in the Deep Eddy section of Tarrytown—an area known for its quiet streets, mature trees, and enduring appeal—this property offers a rare opportunity in a location that rarely needs introduction. Currently configured as two separate units, the home produces strong rental income, making it ideal for investors or those seeking flexibility. Both units feature major upgrades, including new HVAC system, new plumbing and exterior paint. Unit B has been further enhanced with a new living room picture window, refrigerator, stove and Tuff Shed. Whether maintained as an income-producing property or thoughtfully restored into a single-family residence, this is a unique chance to own a piece of classic Austin in a location where opportunities are few and far between.

Neighborhood: Tarrytown

This property is located in Tarrytown, Austin, TX. The area is known for Lake Austin Access, Top-Rated Schools, Tree-Lined Streets, Prestigious Homes, Central Location.

At $567/sqft, this listing is priced 8% below the Tarrytown median of $613/sqft.

Property Details

Listing data last updated: May 19, 2026

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