1614 Elmira RD
ActiveAustin, TX 78721
Tiffany Russell Group · MLS# 6066050 · Active
$595,000
$382/sqft
Beds
3
Baths
2
Sq Ft
1,556
Acres
0.2518
Built
1957
Type
Single Family
About This Home
Cash-flowing income property in East Austin's Grant Park/East MLK neighborhood, minutes from Mueller and downtown. The main house (Unit 1) offers 3 bedrooms and 1 bath in approximately 1,024 square feet, built in 1957, leased through June 2027 with a long-term tenant in place, and recently updated with a new roof, HVAC, water heater, and water/sewer lines. The side-entry ADU (Unit 2), built in 2021 and City of Austin permitted, is a 1-bedroom, 1-bath studio with soaring 15-foot vaulted ceilings, a private entrance, and its own fenced yard, operated as a mid-term rental with income that varies seasonally. Set on a spacious 0.25-acre lot, this property offers multiple paths forward: hold for cash flow, remodel, or redevelop to maximize rental income in one of East Austin's fastest-evolving corridors. Seller financing may be available to qualified buyers, inquire with listing agent for details. Buyer and buyer's agent to verify all information.
Interior
- Features
- Ceiling Fan(s), Ceiling-High, Primary Bedroom on Main
- Appliances
- Dishwasher, Disposal, Gas Cooktop, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Tankless Water Heater
- Flooring
- Tile, Wood
- Cooling
- Central Air, Ductless
- Heating
- Central, Ductless
- Levels
- One
Exterior & Lot
- Exterior
- Exterior Steps, Private Yard
- Lot
- Trees-Large (Over 40 Ft)
- Parking
- Attached Carport, Driveway, Gravel, Off Street
- Fencing
- Wood
- View
- See Remarks
- Condition
- Resale
Community & Schools
- Elementary
- Sims
- Middle
- Garcia
- High school
- Northeast Early College
- District
- Austin ISD
Location
1614 Elmira RD · Austin, TX 78721
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$595,000
1614 Elmira RD