UPDATED:
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 2,533 sqft
Price per Sqft $465
Subdivision Shelton Willie I
MLS Listing ID 3738812
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1954
Annual Tax Amount $14,686
Tax Year 2026
Lot Size 8,611 Sqft
Acres 0.1977
Property Sub-Type See Remarks
Source actris
Property Description
The main home, approximately 1,104 SF, offers 2 bedrooms and 2 baths. A separate rear building includes two additional living spaces: an approximately 879 SF upstairs 2-bedroom, 1-bath Unit A, currently leased to long-term tenants, and an approximately 550 SF furnished 1-bedroom, 1-bath garage apartment, Unit B, currently operated as a short-term rental (STR). Both rear units may offer potential for short-term rental use, subject to buyer verification of applicable city regulations, permitting, and requirements. Owner pays utilities.
The property offers income from day one with meaningful value-add potential. Unit A has not been updated, creating an opportunity to renovate and potentially increase rental income. Numerous improvements have been completed throughout the property, enhancing its immediate income-producing appeal.
For investors, the property can be held as an income-producing property, renovated to maximize rental income, or explored for future redevelopment. The 8,612 SF corner lot may offer potential for three separate residences, subject to buyer verification of zoning, permitting, and development requirements. The flexible layout provides options for maximizing current income and future value.
Ideally located just minutes from Downtown Austin, with easy access to South Congress, South Lamar, Lady Bird Lake, restaurants, shopping, and entertainment, this is a rare opportunity to acquire an income-producing property with multiple paths for future upside in one of Austin's most sought-after neighborhoods.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 3
Interior
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater
Exterior
Fence Block, Wood
Community Features None
Utilities Available Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Membrane,Shingle
Porch Covered, Porch, Screened, Side Porch
Total Parking Spaces 7
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Level
Foundation Slab
Level or Stories One
Structure Type HardiPlank Type,Stone
New Construction No
Schools
Elementary Schools Travis Hts
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Special Listing Condition Standard
Nearby Locations
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Josh Gray
Agent License ID: 067254, 080080, 082.0135079
Agent License ID: 067254, 080080, 082.0135079