$549,900
5 bd · 4 ba · 1,744 sqft
1712 Alleghany DR, Austin, TX 78741
1712 Alleghany DR, Austin, TX 78741 is a 5-bedroom, 4-bathroom single family residence listed at $549,900 ($315/sqft). 1,744 sqft. Built in 1968. Located in East Riverside, Austin TX. Priced 6% above the East Riverside median of $298/sqft. MLS #7722386. Listed by Keller Williams Realty.
Property Overview
This East Riverside gem at 1712 Alleghany Drive combines smart investment potential with modern living in one of Austin, TX's most transformative neighborhoods. The main residence features five bedrooms and four bathrooms across 1,744 square feet, anchored by a fully remodeled kitchen showcasing shaker cabinetry, quartz countertops, and a professional-grade range hood above an eight-foot island. The spa-inspired primary bath includes a tiled walk-in shower, while the open-concept layout connects seamlessly to a covered patio and fenced backyard—ideal for entertaining or quiet mornings.
What sets this property apart is the attached accessory dwelling unit with its own private entrance, offering 260 square feet of independent living space with one bedroom and one bathroom. This configuration provides versatility for extended family, rental income, or guest quarters. The entire home presents move-in-ready at $315 per square foot, positioning it competitively within the East Riverside market.
Located minutes from Lady Bird Lake's trail system and Downtown Austin's vibrant energy, 1712 Alleghany Drive sits within walking and biking distance of neighborhood dining staples including Vinaigrett, Machi Sushi, and Magnolia Cafe. East Riverside's rapid development, improved transit infrastructure, and affordable urban living continue to attract homebuyers seeking authentic Austin character. With no HOA restrictions and a generous 10,018-square-foot lot, this property embodies the neighborhood's blend of accessibility and lifestyle appeal.
Agent Description
Live in one, rent both. This South Austin property generates $6,000/month in gross potential rental income — $2,000/month from the detached ADU and $4,000/month from the main home as a medium-term rental — putting your effective housing cost well below market rent from day one. The main house offers 4 bedrooms and 2 bathrooms with a thoughtfully updated interior, while the 260 SF ADU provides a fully self-contained second income stream on the same lot. Separate entrances keep the units independent and tenant-ready. At $549,900, the numbers pencil: $72,000 in annual gross income at a property priced under $550K is a GRM of 7.6 — strong for Austin's market. Located in the 78741 zip code with quick access to the airport, downtown Austin, Town Lake and the growing South Austin rental demand pool. Whether you owner-occupy the main home and collect ADU income, or run both units as medium-term rentals, the flexibility is built in. This is a turnkey house hack ready to cashflow!
Neighborhood: East Riverside
This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.
At $315/sqft, this listing is priced 6% above the East Riverside median of $298/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1968 |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Living Area | 1,744 sqft |
| Lot Size | 10,018.8 sqft |
| Price per Sqft | $315 |
| Listed | Nov 6, 2025 |
| MLS # | 7722386 |
| Listed By | Keller Williams Realty |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 1712 Alleghany DR, Austin, TX 78741?
This property is listed at $549,900, which is $315 per square foot. That is 6% above the East Riverside area median of $298/sqft.
How many bedrooms and bathrooms does 1712 Alleghany DR, Austin, TX 78741 have?
This home has 5 bedrooms and 4 bathrooms, with 1,744 square feet of living space.
When was 1712 Alleghany DR, Austin, TX 78741 built?
This property was built in 1968, making it 58 years old.
What neighborhood is 1712 Alleghany DR, Austin, TX 78741 in?
This property is in East Riverside, Austin, TX. The area is known for rapid transformation, affordable urban living, lady bird lake access.
How long has 1712 Alleghany DR, Austin, TX 78741 been on the market?
This listing has been on the market for 183 days.
What type of property is 1712 Alleghany DR, Austin, TX 78741?
This is a Single Family Residence on a 10,018.8 sqft lot.