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1401 Greenwood Ave , 1 & 2

Austin, TX 78721
  • $485,000
  • STATUS: Active Under Contract
  • MLS #: 6536216
Under Contract
UPDATED: 20 min ago
$485,000
  • 4
    BEDS
  • 0.27
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,600
    SQFT
  • $303
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
School District:
Property listed by Stephanie Douglass of Open House Austin Group LLC: (512) 222-3720.

Description

Welcome to an ultra-rare opportunity in East Austin: two homes on one lot, optimized for house hacking, investment, or multigenerational living. Imagine your mortgage being partially paid by the front unit while you live inor lease outthe back. 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 comfortableideal 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.

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© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2025-12-14T10:59:53.317.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-12-14T10:59:53.317 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.viewvistashomes.com/homes/169089038
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1401 Greenwood Ave , 1 & 2 Austin, TX 78721

  • Price: $485,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 20 min ago
  • MLS #: 6536216
4
Beds
2
Baths
1
½ Baths
0.27
Acres
1,600
SQFT
$303
$/SQFT
1959
Built
Neighborhood:
Greenwood Heights
County:
Travis
Area:
Austin
Elementary School:
Sims
Middle School:
Garcia
High School:
Northeast Early College
School District:
Austin ISD
Property Description
Welcome to an ultra-rare opportunity in East Austin: two homes on one lot, optimized for house hacking, investment, or multigenerational living. Imagine your mortgage being partially paid by the front unit while you live inor lease outthe back. 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 comfortableideal 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.
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces West Exterior Features BarbecuePrivate Yard Fencing Back YardFencedGatePerimeterWood Foundation Details Slab Garage YN No Levels One Lot Features Back YardLevelMany Trees Other Structures Guest HouseResidenceSecond ResidenceStorage Parking Features Driveway Patio And Porch Features Front Porch Roof Shingle View Creek/Stream Waterfront Features Creek Waterfront YN No

Interior Features

Appliances CooktopDishwasherDryerGas CooktopGas RangeOvenRangeFree-Standing RangeFree-Standing Gas RangeRNGHDRefrigeratorFree-Standing RefrigeratorWasherWasher/Dryer Cooling Multi Units Fireplaces Total 0 Flooring Vinyl Heating Forced Air Interior Features 2 Primary SuitesVaulted Ceiling(s)In-Law FloorplanOpen FloorplanPrimary Bedroom on MainStorage Laundry Location In KitchenIn UnitInsideLaundry Room Main Level Bedrooms 4 Num Dining 2 Num Living 2 Window Features None

Property Features

Accessibility Features None Additional Parcels YN No Association YN No Community Features None Estimated Taxes 6000 Fema Flood Plain Partial Horse YN No Listing Terms ConventionalFHAOwner May CarryVA LoanZero Down New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7643.3 Utilities Above GroundElectricity ConnectedInternet-FiberNatural Gas AvailableSewer Connected Water Source Public



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2025-12-14T10:59:53.317.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-12-14T10:59:53.317 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Vista Real Estate
7446 Honeysuckle Dr
Temple TX, 76502
Property listed by Stephanie Douglass of Open House Austin Group LLC: (512) 222-3720.