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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,721 sqft
Subdivision St Johns College Addn
MLS Listing ID 7799790
Year Built 1984
Annual Tax Amount $8,387
Tax Year 2026
Property Sub-Type Duplex
Property Description
Exceptional value-add investment opportunity in Austin's rapidly evolving St. Johns corridor. Situated on a large 8,189-square-foot lot, the property features two 3-bedroom, 1-bathroom units, a highly sought-after configuration for workforce and family housing. Unit A is occupied on a month-month agreemen with reliable Section 8-backed income at $1,025/month (Section 8 voucher is for $391/mo, Tenant pays $624/mo). Unit B was previously rented at $1,200/month and presents immediate upside through re-leasing or the potential for increased rental income through modest updates and finish-out improvements, creating an attractive value-add opportunity for the next owner. The property has durable hard tile flooring, separate fenced yards, functional layouts, and long-term flexibility for investors seeking both cash flow and appreciation potential. Surrounded by new construction and redevelopment, with many nearby properties being transformed into multiple residences, this location benefits from increasing density and strong demand. Just minutes away, Mueller offers an exceptional mix of lifestyle amenities including scenic trails, parks, playgrounds, the popular Mueller Lake Park, weekend farmers markets, and a growing collection of local favorites such as Halcyon, BD Riley's Irish Pub, L'Oca d'Oro, Veracruz All Natural, and the Alamo Drafthouse. The Domain, Austin's premier mixed-use destination, is also nearby and features luxury shopping, high-end dining, vibrant nightlife, and major employers throughout the city's technology corridor. Residents can enjoy destinations such as North Italia, Culinary Dropout, True Food Kitchen, Velvet Taco, Perry's Steakhouse, and numerous entertainment venues, while soccer fans will appreciate being just minutes from Q2 Stadium, home of Austin FC. This is an ideal opportunity for investors seeking a manageable investment with multiple paths to create equity while providing quality housing in one of Austin's emerging growth areas.
Location
State TX
County Travis
Area 3
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile
Exterior
Exterior Feature No Exterior Steps, Private Entrance
Fence Chain Link, Privacy, Wood
Pool None
Community Features None
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Available, Water Connected
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description Level, Trees-Large (Over 40 Ft)
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Masonry – Partial,Wood Siding
New Construction No
Schools
Elementary Schools Pickle
Middle Schools Webb
High Schools Northeast Early College
School District Austin Isd
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Pets Allowed Negotiable
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