1401 Greenwood Ave #1 & 2, Austin, TX 78721
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:stephanie douglass
Office:open house austin group llc.
MLS#:6536216
Source:ACTRIS
1401 Greenwood Ave #1 & 2,Austin, TX 78721
$485,000
- 4 Beds
- 3 Baths
- 1,600 sq. ft.
- Single family
- Active
Price summary
- Price:$485,000
- Price per sq. ft.:$303.13
About this home
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 in—or lease out—the 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 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
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.
Contact an agent
Home facts
- Year built:1959
- Listing ID #:6536216
- Updated:October 21, 2025 at 10:13 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:1,600 sq. ft.
Heating and cooling
- Cooling:Forced Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1959
- Building area:1,600 sq. ft.
Schools
- High school:Northeast Early College
- Elementary school:Sims
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$485,000
- Price per sq. ft.:$303.13
- Tax amount:$7,643 (2024)
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