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Description

NEW INVESTOR SPECIAL — Two Homes, One Price in East Austin! Offered at $750,000, this cash-flowing attached duplex provides a rare opportunity in Central Austin, with the option to purchase each home separately. Investors have already taken notice of this one. This property features two fully separate homes located in East Austin’s desirable 78722 zip code. Tenants are responsible for all utilities and lawn care. Pro-forma NOI is projected at $57,150 per year with a cap rate of 7.62%. Estimated cash flow is approximately $1,068 per month with 20% down at a 6.25% rate, and the DSCR is 1.29, making it an easy qualifier. Buy the entire property for $750,000 or choose to purchase each home individually. Side A offers 1,354 square feet and is priced at $500,000. Side B offers 1,054 square feet and is priced at $350,000. This layout accommodates a wide range of strategies including long-term rentals, mid-term rentals, short-term rentals, house-hacking, owner-occupant income opportunities, 1031 exchanges, DSCR financing investors, and developers seeking flexible configurations. This is a rare chance to own two income-producing homes on one lot in one of Austin’s most sought-after neighborhoods. Properties like this seldom hit the market, and when they do, they move quickly. Our last listing in this area sold in three days with multiple offers.

Contact Agent

Col Realty

(512) 699-3810

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Property Details

Status	Active
MLS #	ACT212455823
Taxes	$16,633 (2025) / year
Type	Residential
Year Built	1984
Lot Size	0.18 AC / 7,849 SF
County	Travis
Subdivision	Dancy Add

Property Information

Interior

Two Primary SutiesBuilt-in FeaturesCeiling Fan(s)High Speed InternetMultiple Dining AreasMultiple Living AreasPrimary Bedroom on MainRecessed Lighting

Exterior

Private Yard

Appliances

DishwasherGas RangeMicrowave

Community

CurbsSidewalks

Parking

Common

Utilities & Construction

Heat: CentralAC: Ceiling Fan(s), Central AirWoodRoof: CompositionFoundation: Pillar/Post/Pier

🏊 Pool

Directions: Coming from I-35 N, take exit 236 onto N Interstate 35 Frontage Road. Turn right onto E 30th St. Take a right on Robinson Ave. Finally, turn left on E 29th St. Home will be on your left.