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Austin Board of Realtors

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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Highland Lakes Association of Realtors MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

$485,000
For Sale

1401 Greenwood Avenue #1 & 2

Austin, TX 78721
1600 sqft | 4 beds | 2.5 baths | 0.27 acres | #6536216
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Browse 28 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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.<br />Front Home<br /> • 2 bedrooms, 1 bath<br /> • Fully operational short-term rental with proven income track record<br /> • Thoughtfully maintained, turnkey ready<br />Rear Home <br /> • 2 bedrooms, 1.5 baths<br /> • Spacious, private, and comfortable—ideal for long-term occupancy<br /> • Room for customization or upgrades<br />Property Highlights<br /> • Prime East Austin location, walkable to coffee shops, tacos, parks & nightlife<br /> • Over 0.27 acres (approx.) in size — generous outdoor space for entertaining, gardens, or expansion<br /> • Covered front porch, backyard storage, mature trees offering privacy and shade<br /> • No HOA (freedom to make your vision a reality)<br /> • Proven investment upside: existing income stream plus upside potential<br />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.

  • Property Details
      • InteriorIn Law Floorplan, MainLevelPrimary, MultiplePrimarySuites, Multiple Closets, Open Floorplan, Storage, Vaulted Ceilings
      • Utility FeaturesAbove Ground Utilities, Electricity Connected, FiberOpticAvailable, Natural Gas Available, Sewer Connected
      • Lot DescriptionBack Yard, Level, Many Trees
      • High SchoolNortheast Early College
      • Exterior MaterialsBarbecue, Private Yard
      • Property SubtypeSingleFamilyResidence
      • SubdivisionGreenwood Heights
      • ViewCreek Stream
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Property TypePurchase
      • Original List Price$485,000
      • MLS #6536216
      • MLS #6536216
      • Acres0.2686
      • Utility SourcePublic
      • Middle SchoolGarcia
      • CountyTravis
      • Taxes Annual$7,643
      • Cost485000
      • Property ConditionResale
      • Square Feet1600
      • Year Built1959
      • FoundationSlab
      • Elementary SchoolSims
      • Bathrooms2.5
      • Bedrooms4
      • Full Baths2
      • Half Baths1
      • Days on Market (Cumulative)1

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Legal

Based on information submitted to the MLS GRID as of 2025-10-21 09:02:12 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: Today at 5:20 PM. Source: ACTRIS

Provided By
Listing Agent: Stephanie Douglass (#685444), Phone: (512) 222-3720
Listing Office: Open House Austin Group LLC (#703205)

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