Austin · Greenbriar Sec 01
$549,900 265 days on market
Reduced from $569,900
· −3.5%
1712 Alleghany Dr, Austin, TX 78741
- 5bedrooms
- 3.5bathrooms
- 1,744sqft
- 0.23acres
- 1968year built
About this home
Live in one, rent both. This South Austin property generates $6,000/month in gross potential rental income — $2,000/month from the detached ADU and $4,000/month from the main home as a medium-term rental — putting your effective housing cost well below market rent from day one.
The main house offers 4 bedrooms and 2 bathrooms with a thoughtfully updated interior, while the 260 SF ADU provides a fully self-contained second income stream on the same lot. Separate entrances keep the units independent and tenant-ready.
At $549,900, the numbers pencil: $72,000 in annual gross income at a property priced under $550K is a GRM of 7.6 — strong for Austin’s market.
Located in the 78741 zip code with quick access to the airport, downtown Austin, Town Lake and the growing South Austin rental demand pool. Whether you owner-occupy the main home and collect ADU income, or run both units as medium-term rentals, the flexibility is built in.
This is a turnkey house hack ready to cashflow!
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1968
- Lot size
- 0.23 acres
- Subdivision
- Greenbriar Sec 01
- MLS #
- ACT7722386
Inside
- Bedrooms
- 5
- Bathrooms
- 3.5
- Living area
- 1,744 sqft
Schools
- Elementary
- Linder
- High school
- Travis
- District
- Austin ISD
Costs
- Est. annual taxes
- $7,908 (2025)
Listing
- First listed
- Nov 6, 2025
- Days listed
- 265
- Original price
- $569,900
- Status
- Active
Listed by Jordan Moorhead, Keller Williams Realty · [email protected] · MLS# ACT7722386 · Active
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Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.
Where this home sits
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