Property Overview

This East Austin property on 13th Street presents a rare dual-residence opportunity that capitalizes on Austin's booming rental market while offering flexible living arrangements. The main residence is a sophisticated 5-bedroom, 3-bath modern home with an open-concept design anchored by a chef's kitchen featuring granite countertops and stainless steel appliances. The primary suite occupies the main level for convenience, complete with dual vanities and a walk-in shower, while additional guest bedrooms are thoughtfully distributed across both levels. The separate back residence, a 2-bedroom, 1.5-bath home, generates additional revenue, creating an attractive investment profile that appeals to multi-generational families or savvy investors seeking income diversification. Both units are currently leased and generating $8,750 in combined monthly rental income.

Located minutes from downtown Austin, the University of Texas, and the State Capitol, this 2,904-square-foot property sits on a generous 7,509-square-foot lot in a neighborhood celebrated for its thriving arts scene, diverse dining and brewery culture, and the compelling mix of historic charm and modern development that defines contemporary East Austin. The generous outdoor spaces—including multi-level patios and a rooftop terrace—extend the living experience and provide exceptional entertaining potential. At $465 per square foot, this property is positioned 12 percent below the area median, offering compelling value in an increasingly desirable Austin neighborhood. Both leases expire in August 2026, providing incoming owners with immediate income or the option to personalize the space.

Agent Description

Located minutes to downtown Austin, the University of Texas, and the Capital. This unique property offers two separate residences on one lot. The main home is a spacious & modern 5-bedroom, 3-bath, 2-garage residence featuring an open-concept layout. It currently rents for $6,000 mo. The back home is a 2 bedroom, 1.5 bath, 2 car garage renting for $2,750mo. Both leases end this Summer approx Aug 1, 2026. This is perfect for multi-generational living, creative investment opportunities, or owner-occupancy with rental income potential. The main home boasts a large kitchen with abundant granite counter-top space, stainless steel appliances & seamless flow into the dining & living areas. The primary suite is conveniently located on the main level and includes double vanities & a walk-in shower. Two additional guest bedrooms are also on the main level, with two more bedrooms located on the lower level. Outdoor living is elevated with a large multi-level patio & a large rooftop terrace with a partial view of Austin skyline. The second residence is also designed with higher-end finishes. The 2nd home in the back has rear alleyway access and features an open floor plan with concrete flooring on the main level, and also has a large rooftop terrace with a view. Both homes have dedicated yards. Call now to be the first to see this unique opportunity. Back home is totally separate and could be an Accessory Dwelling Unit ADU , or Guest House , or Casita, or rental. An investor might consider splitting the two houses into separate condos (legal fees approx $5k) or might look into using the two houses as short term rentals. *Buyer should do their due diligence to confirm these possibilities.

Neighborhood: East Austin

This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.

At $465/sqft, this listing is priced 10% below the East Austin median of $519/sqft.

Property Details

Listing data last updated: March 25, 2026

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