Description
Live in one, rent both. This South Austin property generates $6,000/month in gross potential rental income — $2,000/month from the detached ADU and $4,000/month from the main home as a medium-term rental — putting your effective housing cost well below market rent from day one. The main house offers 4 bedrooms and 2 bathrooms with a thoughtfully updated interior, while the 260 SF ADU provides a fully self-contained second income stream on the same lot. Separate entrances keep the units independent and tenant-ready. At $549,900, the numbers pencil: $72,000 in annual gross income at a property priced under $550K is a GRM of 7.6 — strong for Austin's market. Located in the 78741 zip code with quick access to the airport, downtown Austin, Town Lake and the growing South Austin rental demand pool. Whether you owner-occupy the main home and collect ADU income, or run both units as medium-term rentals, the flexibility is built in. This is a turnkey house hack ready to cashflow!
Property Details
| Status | Active |
| MLS # | ACT209690643 |
| Taxes | $7,908 (2025) / year |
| Type | Residential |
| Year Built | 1968 |
| Lot Size | 0.23 AC / 10,018 SF |
| County | Travis |
| Subdivision | Greenbriar Sec 01 |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: From W Cedar Chavez St, right on S Congress Ave. Use left 2 lanes to turn left onto E Riverside Dr. RIght on S I-35 Frontage Rd. Use middle lane to stay on S I-35 Frontage Rd (pass by Aiden Austin City Hotel on right). Use middle lane to turn left on E Oltorf St. Turn right after 7-11 (on right). RIght on Alleghany Dr. Property on right.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT209690643 | $549,900 |
| — | Original List Price | $569,900 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 5 |
| Lot Size | 10,018 Sq. Ft. |
| Style | Residential |
| County | TRAVIS |
| MLS # | ACT209690643 |
Schools
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.