Twitter
Facebook
Email
|
Prime Investment Opportunity Minutes from Downtown Austin! Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. 3 successful units and a proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs! Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently rentals, providing a steady stream of income. With 3 years of proven revenue, this is an opportunity you can't pass up! -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units"”offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers. Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don't miss this rare opportunity - schedule a tour today!
| LAST UPDATED | 1/28/2026 | TRACT | Elmhurst |
|---|---|---|---|
| YEAR BUILT | 1938 | COMMUNITY | Elmhurst |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Travis Hts |
|---|---|
| Jr. High School | Lively |
| High School | Travis |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Varies by Unit |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Free-Standing Gas Range, Refrigerator, Washer/Dryer |
| AREA | 9 |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Private Entrance, Private Yard |
| HEAT | Central, Varies by Unit |
| INTERIOR | Eat-in Kitchen, High Speed Internet, Master Downstairs, Storage |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Elmhurst |
| TAXES | 9561 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Phone Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Downtown |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Kimberly
Erlinger to contact you even if your name is on a Federal or State
"Do not call List".
Property listed by Caitlin Sullivan, JBGoodwin REALTORS WL
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/3/26 9:14 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
