$308,900

Property Overview

This recently renovated 1955 bungalow in St. Johns offers rare income-producing potential with a detached ADU nestled on a spacious 7,410-square-foot lot. The main residence showcases classic mid-century character while the one-bedroom guest house provides immediate rental opportunity, creating flexibility for owner-occupancy with supplemental income. At $248 per square foot, this property sits 22 percent below the neighborhood's area median, making it a compelling value play in one of Austin's most accessible corridors.

The main house features three bedrooms and two bathrooms across 1,248 square feet of thoughtfully updated living space. Recent improvements include a new roof and central HVAC system, while in-unit laundry and high-speed internet address modern comfort needs. The south-facing property accommodates five or more parking spaces, a significant advantage along the Airport Boulevard corridor where vehicle access remains highly desirable.

St. Johns continues its evolution as an investment-friendly neighborhood just north of downtown Austin, with convenient access to North Lamar Boulevard, I-35, and emerging restaurants reshaping the area's character. The location provides transit accessibility alongside single-family charm, positioning 312 Blackson Avenue as both a personal residence and strategic income property for Austin investors.

Vox Real Estate Insight

The ADU setup on this lot size is increasingly hard to find at this price point in St. Johns, and Vox Real Estate sees this configuration appealing to buyer-investors seeking immediate cash flow while maintaining owner-occupied flexibility. With the recent mechanical updates completed, this property requires minimal immediate investment to generate rental revenue in a neighborhood experiencing measurable growth.

Agent Description

**Recently renovated 1955 Bungalow in the heart of Austin, Texas** Two bedroom/one bath with a 1 bedroom/one bathroom ADU in the back of the property. Room for at least 5 cars to park in and around the home. It has mid-century architecture giving off a very cool vibe on the interior and exterior of the property. The neighborhood of St. Johns is a transit-accessible, mixed-residential area just north of downtown Austin, with quick access to North Lamar Blvd. and I-35. The roof was replaced recently along with a new central HVAC system in the main house. With the ADU in back, you could live in the main house and rent out the guest house, making for a quick income producing property.

Neighborhood: St. Johns

This property is located in St. Johns, Austin, TX. The area is known for Affordable Near Central, Growing Investment, New Restaurants, Growth Potential, Airport Blvd Corridor.

At $248/sqft, this listing is priced 22% below the St. Johns median of $319/sqft.

Property Details

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