1202 E 29th St, Austin, TX 78722
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: melanie suber, leonard suber
Office: exp realty, llc.
MLS#:5947016
Source:ACTRIS
Price summary
- Price:$750,000
- Price per sq. ft.:$311.46
About this home
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 an agent
Home facts
- Year built:1984
- Listing ID #:5947016
- Updated:February 25, 2026 at 12:13 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,408 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1984
- Building area:2,408 sq. ft.
Schools
- High school:McCallum
- Elementary school:Maplewood
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$311.46
- Tax amount:$16,633 (2025)
New listings near 1202 E 29th St
- New
$215,000Active2 beds 3 baths1,340 sq. ft.9015 Cattle Baron Path #1203, Austin, TX 78747
MLS# 9163161Listed by: CONGRESS REALTY, INC. - New
$925,000Active2 beds 2 baths1,106 sq. ft.301 West Ave #1309, Austin, TX 78701
MLS# 1656575Listed by: BRAMLETT PARTNERS - New
$1,225,000Active3 beds 3 baths1,982 sq. ft.3019 Garwood St #2, Austin, TX 78702
MLS# 5019705Listed by: KELLER WILLIAMS REALTY - New
$849,900Active3 beds 2 baths1,899 sq. ft.5000 Mission Oaks Blvd #47, Austin, TX 78735
MLS# 9987593Listed by: MORELAND PROPERTIES - Open Fri, 3 to 5:30pmNew
$525,000Active3 beds 2 baths1,419 sq. ft.2008 Lear Ln, Austin, TX 78745
MLS# 4824863Listed by: COMPASS RE TEXAS, LLC - New
$475,000Active2 beds 2 baths1,010 sq. ft.16001 Awalt Dr, Austin, TX 78734
MLS# 7256350Listed by: RUZICKA REAL ESTATE
$1,295,000Pending4 beds 3 baths2,628 sq. ft.7800 Stoneywood Dr, Austin, TX 78731
MLS# 8767783Listed by: COLDWELL BANKER REALTY- Open Sat, 2 to 4pmNew
$674,447Active3 beds 2 baths2,012 sq. ft.5708 Marchmont Ln, Austin, TX 78749
MLS# 1711560Listed by: HEART OF AUSTIN HOMES - New
$579,000Active3 beds 1 baths1,305 sq. ft.7611 Oak Hedge Pl, Austin, TX 78745
MLS# 8281733Listed by: KUPER SOTHEBY'S INT'L REALTY - New
$395,000Active4 beds 3 baths1,772 sq. ft.5302 Walnut Grove Dr, Austin, TX 78744
MLS# 9125033Listed by: LET'S MOVE AUSTIN LLC