1401 Greenwood Ave #1 & 2 Austin, TX 78721
4 Beds
3 Baths
1,600 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $303
Subdivision Greenwood Heights
MLS Listing ID 6536216
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1959
Annual Tax Amount $7,643
Tax Year 2024
Lot Size 0.269 Acres
Acres 0.2686
Property Sub-Type Single Family Residence
Source actris
Property Description
Front Home
• 2 bedrooms, 1 bath
• Fully operational short-term rental with proven income track record
• Thoughtfully maintained, turnkey ready
Rear Home
• 2 bedrooms, 1.5 baths
• Spacious, private, and comfortable—ideal for long-term occupancy
• Room for customization or upgrades
Property Highlights
• Prime East Austin location, walkable to coffee shops, tacos, parks & nightlife
• Over 0.27 acres (approx.) in size — generous outdoor space for entertaining, gardens, or expansion
• Covered front porch, backyard storage, mature trees offering privacy and shade
• No HOA (freedom to make your vision a reality)
• Proven investment upside: existing income stream plus upside potential
Hot tub hook ups ready to go (the square pea gravel in the backyard)
This isn't just a single-family home; it's a strategic real estate play. Whether you want passive income, partial mortgage relief, or flexible multi-unit living, 1401 Greenwood delivers. Compounds like this rarely hit the market in East Austin.
Location
State TX
County Travis
Area 5
Rooms
Main Level Bedrooms 4
Interior
Interior Features Two Primary Suties, Vaulted Ceiling(s), In-Law Floorplan, Open Floorplan, Primary Bedroom on Main, Storage, Two Primary Closets
Heating Forced Air
Cooling Multi Units
Flooring Vinyl
Fireplace Y
Appliance Cooktop, Dishwasher, Dryer, Gas Cooktop, Gas Range, Oven, Range, Free-Standing Range, Free-Standing Gas Range, RNGHD, Refrigerator, Free-Standing Refrigerator, Washer, Washer/Dryer
Exterior
Exterior Feature Barbecue, Private Yard
Fence Back Yard, Fenced, Gate, Perimeter, Wood
Pool None
Community Features None
Utilities Available Above Ground, Electricity Connected, High Speed Internet, Natural Gas Available, Sewer Connected
Waterfront Description Creek
View Creek/Stream
Roof Type Shingle
Accessibility None
Porch Front Porch
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Level, Many Trees
Faces West
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,HardiPlank Type,Wood Siding
New Construction No
Schools
Elementary Schools Sims
Middle Schools Garcia
High Schools Northeast Early College
School District Austin Isd
Others
Restrictions None
Ownership Fee-Simple
Acceptable Financing Conventional, FHA, Owner May Carry, VA Loan, Zero Down
Tax Rate 2.22667
Listing Terms Conventional, FHA, Owner May Carry, VA Loan, Zero Down
Special Listing Condition Standard