$925,000

Property Overview

This updated 1968 condo on Woodrow Ave in Rosedale presents a distinctive income-producing opportunity on an expansive 0.27-acre lot in the heart of Austin, TX. The property functions as a three-unit condominium regime, allowing owners to occupy one unit while generating rental income from the other two, each featuring two bedrooms, one bathroom, and individual washer-dryer hookups. This flexible ownership structure transforms what appears as a single residence into a genuine investment property positioned to offset living costs while building equity in one of Austin ISD's most desirable neighborhoods.

The single-level layout maximizes functionality across 1,666 square feet with open-concept living, a kitchen island, stone countertops, and recessed lighting throughout. Central heating and cooling, covered carport parking, and a private fenced yard with mature trees complete the package. Located on quiet Rosedale streets near top-rated Bryker Woods Elementary and O Henry Middle School, this property balances the neighborhood's 1940s charm with modern conveniences and exceptional development potential on its generous rear lot.

Vox Real Estate Insight

The condominium regime structure at 5212 Woodrow is exceptionally rare in Rosedale, giving buyers both immediate cash flow potential and long-term flexibility to develop or sell individual units as their circumstances evolve. At $555 per square foot, it sits 11% above area median pricing, but the income-generating capability and additional lot value make this one of the most strategically positioned opportunities our Vox Real Estate team has seen this year.

Agent Description

A rare Austin opportunity offering exceptional flexibility, income potential, and future upside on a huge 0.27-acre lot. This beautifully updated 1,666-square-foot duplex features two thoughtfully designed units, each offering 2 bedrooms, 1 bath, ample closet space, and its own washer and dryer. Live comfortably in one unit while renting the other, creating an ideal opportunity to offset your living expenses while building long-term equity. The property has been established as a three-property condominium regime, offering the flexibility to own, lease, develop, or potentially sell the properties separately. The expansive rear lot creates an exciting range of possibilities for future development, an additional residence, additional rental income, or a separate sale, subject to applicable approvals. Whether you're looking for an owner-occupied investment, a multi-generational setup, or a property with substantial development upside, 5212 Woodrow offers an exceptional combination of lifestyle, income, and opportunity.

Neighborhood: Rosedale

This property is located in Rosedale, Austin, TX. The area is known for Top-Rated Schools, Active Community, 1940s Architecture, Central Location, Quiet Streets.

At $555/sqft, this listing is priced 11% above the Rosedale median of $500/sqft.

Property Details

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Parking

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