$1,290,000

Property Overview

This rare East Austin offering presents a distinctive dual-residence opportunity at 3116 Prado St, combining a thoughtfully remodeled 2019 craftsman home with a newly constructed modern dwelling on a spacious 6,543-square-foot lot. Unit #1 features three bedrooms and two bathrooms with a private suite offering independent exterior access, ideal for short-term rental income or guest accommodations. Unit #2, recently completed with certificate of occupancy, provides two additional bedrooms and two bathrooms with flexible entry configurations. Both homes showcase updated systems including tankless water heaters, smart home technology, energy-efficient ENERGY STAR appliances, and quartz countertops throughout.

Located just two blocks from vibrant Tillery Street and East Austin's thriving commercial corridor, this property captures the neighborhood's unique blend of cultural diversity, acclaimed restaurants, breweries, and burgeoning arts scene. The five-bedroom, four-bath configuration spanning 1,833 square feet opens onto multiple covered porches and a screened area overlooking mature trees. With six parking spaces, an EV charging station, and thoughtful accessibility features, this property accommodates both residential living and entrepreneurial ventures. Central heating and cooling, high-speed internet connectivity, and a security system complete this versatile East Austin investment.

Vox Real Estate Insight

The Vox Real Estate team recognizes this dual-unit structure as exceptionally rare in East Austin's current market, offering investors and owner-occupants flexibility that transcends traditional single-family economics. With Unit #1 already positioned for short-term rental success and Unit #2 turnkey-ready, this property exemplifies the adaptive living model increasingly sought after in Austin's evolving neighborhoods.

Agent Description

Owner/Agent. Rare opportunity for dual residences. So many options here. Just 2 houses off of Tillery St and a thriving neighborhood commercial zone, this location offers the best of both worlds for a home business and residence. The two homes are craftsman/mid century in design. It's a stand out property with a cozy but modern feel, unique in every way from anything else in the surrounding area. The front house, Unit #1, was remodeled from the studs in 2019 and has been rented out mostly as monthly Airbnb rental since. Unit #2 is a newly constructed home that has just received its certificate of occupancy. Both houses have accessory rooms that have private entrances so there is a lot of potential for uses. Must see to appreciate! Unit #1 is a 3 bedroom/2 bathroom home with one suite that has its own private exterior entrance as well as a hall entrance to the rest of the home. Unit #2 has two entrances. One accesses the main floor and the primary entrance. The other is intended for the upstairs suite. The two floors can be separated by hallway door which is a great option for STR, guests and family. Unit #2 has insulated deep garage with EV Charger. Each house has its own parking with two driveways. Where in East Austin do you have this much parking? Permitted but expired plans to expand #1 and do a minor rework on the floor plan. Plans also were to add another unit in the future to the back on #1 and put in a 2nd story #3. Please see documents for additional information. All work to date has been permitted through the City of Austin. Units have separate utilities and are set up to be condo'd. The owner would prefer to sell this sweet property to one owner although set it up so that it can be split.

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 $704/sqft, this listing is priced 41% above the East Austin median of $501/sqft.

Property Details

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