Austin · Grant Park
$595,000 11 days on market
1614 Elmira Rd, Austin, TX 78721
- 3bedrooms
- 2bathrooms
- 1,556sqft
- 0.25acres
- 1957year built
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.
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1957
- Lot size
- 0.25 acres
- Subdivision
- Grant Park
- MLS #
- ACT6066050
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,556 sqft
Schools
- Elementary
- Sims
- High school
- Northeast Early College
- District
- Austin ISD
Costs
- Est. annual taxes
- $8,979 (2026)
Listing
- First listed
- Jul 16, 2026
- Days listed
- 11
- Status
- Active
Listed by Tiffany Russell, Tiffany Russell Group · [email protected] · MLS# ACT6066050 · Active
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