1401 Greenwood Ave #1 & 2, Austin, TX 78721
Local realty services provided by:ERA Experts
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
Hot tub hook ups ready to go (the square pea gravel in the backyard)
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:December 29, 2025 at 04:12 PM
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)
New listings near 1401 Greenwood Ave #1 & 2
- New
$715,000Active3 beds 2 baths1,681 sq. ft.10701 Fm 1625, Austin, TX 78747
MLS# 1930399Listed by: LPT REALTY, LLC - New
$2,650,000Active5 beds 6 baths4,856 sq. ft.7917 Orisha Dr, Austin, TX 78739
MLS# 5465522Listed by: DAN BRICKLEY, BROKER - New
$495,000Active3 beds 2 baths1,481 sq. ft.6300 Merriwood Dr, Austin, TX 78745
MLS# 2812374Listed by: FLEX GROUP REAL ESTATE - New
$599,000Active4 beds 3 baths1,800 sq. ft.6809 Porter St #A, Austin, TX 78741
MLS# 5746189Listed by: AREA 512 REAL ESTATE - New
$2,250,000Active5 beds 6 baths5,487 sq. ft.504 Black Wolf Run, Austin, TX 78738
MLS# 4178518Listed by: EXP REALTY, LLC - Open Tue, 2 to 4pmNew
$1,595,000Active4 beds 2 baths1,977 sq. ft.2615 Barton Hills Dr, Austin, TX 78704
MLS# 3880789Listed by: KUPER SOTHEBY'S INT'L REALTY - New
$495,000Active3 beds 2 baths2,815 sq. ft.12332 Donovan Cir, Austin, TX 78753
MLS# 3928548Listed by: CAPITAL REALTY - New
$415,000Active3 beds 2 baths1,312 sq. ft.7903 Woodcroft Dr, Austin, TX 78749
MLS# 9948277Listed by: EPIQUE REALTY LLC - New
$2,500,000Active3 beds 3 baths1,851 sq. ft.301 West Ave #3805, Austin, TX 78701
MLS# 4224221Listed by: URBANSPACE - New
$525,000Active3 beds 2 baths1,495 sq. ft.2505 Winchell Ln, Austin, TX 78725
MLS# 6964127Listed by: KELLER WILLIAMS REALTY-RR WC