$995,000

Property Overview

This classic 1935 Tarrytown bungalow in the prestigious Deep Eddy section of Austin TX represents a rare value opportunity, now offered at $995,000—30 percent below the neighborhood's median price per square foot. Currently configured as two separate units generating strong rental income, the home sits on a generous 6,712-square-foot lot along a tree-lined street in one of Central Austin's most coveted addresses. The property spans 2,203 square feet across five bedrooms and three bathrooms, with three parking spaces and a private yard anchored by mature landscaping and a covered porch.

Recent modernization has preserved the home's vintage charm while addressing essential systems, including a new HVAC setup, updated plumbing, and fresh exterior paint. Both units feature functional kitchens with built-in gas ranges and refrigerators, along with flooring updates and tile work. The primary level hosts three bedrooms and includes a wood-burning fireplace, while the dual primary suites offer flexibility for multi-generational living or rental scenarios. Metal roofing, central cooling and heating, and a sound foundation round out the residence's bones.

Situated within the Austin ISD attendance zone—including top-rated schools like Casis Elementary and Austin High—this W 10th Street home balances investment potential with strong neighborhood fundamentals. The location provides proximity to Lady Bird Lake, walkable Tarrytown dining and retail, and the kind of established character that only decades of curation can build.

Vox Real Estate Insight

At this price point in Tarrytown, you're looking at a property with genuine income-producing bones and a flexible floor plan that appeals to both investors and buyers seeking breathing room in a premium neighborhood. Vox Real Estate sees this as a solid repositioning play given the neighborhood's resilience and the home's already-completed

Agent Description

Classic Deep Eddy / Tarrytown Opportunity – Major Price Improvement!Now offered at $995,000 (previously $1,250,000), this property presents an extraordinary value repositioning in one of Austin’s most established and sought-after pockets. Tucked into the Deep Eddy section of Tarrytown—an area known for its quiet streets, mature trees, and enduring appeal—this 1934 bungalow blends timeless character with meaningful modern updates. Currently configured as two separate units, the home produces strong rental income, making it ideal for investors or buyers seeking flexible living options. Both units feature major upgrades, including a new HVAC system, new plumbing, and fresh exterior paint. Unit B has been further enhanced with a new living room picture window, refrigerator, stove, and a Tuff Shed. Whether maintained as an income-producing asset or thoughtfully restored into a single-family residence, this sub-$1M price point opens up a rare chance to own a piece of classic Central Austin 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 $452/sqft, this listing is priced 33% below the Tarrytown median of $679/sqft.

Property Details

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