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$675,000

1908 E 21st ST 1 and 2, Austin, TX, 78722

On MarketInfo
Baths0 Bath
Baths1,799 Sq Ft
OtherOther
price_per_sqft$375.21 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesDishwasher, Electric Cooktop, Electric Range, Gas Cooktop, Refrigerator
FlooringConcrete, Linoleum, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

About this property

Positioned in one of Austin’s most sought-after and walkable neighborhoods, this unique dual-home property offers exceptional flexibility, income potential, and long-term upside. Whether you're an investor, owner-occupant, or buyer seeking a multi-generational setup, opportunities like this are increasingly rare in Central Austin. The rear residence, built in 2018, is a thoughtfully designed 2-bedroom, 2-bath modern home featuring soaring natural light, clean contemporary finishes, and an open-concept layout ideal for today’s lifestyle. Low-maintenance construction and strong rental appeal make it an excellent option for long-term tenants, short-term stays, or owner occupancy. At the front of the property, a charming 1935 bungalow captures the spirit of old Austin while offering updated kitchen and bath spaces that blend character with functionality. Its inviting curb appeal and flexible layout make it equally attractive as a primary residence, guest house, or income-producing rental. With two standalone homes on one lot, the possibilities are extensive: maximize rental revenue, live in one home while offsetting your mortgage with the other, or create a comfortable setup for extended family and guests. Located just minutes from Downtown Austin, the University of Texas, restaurants, coffee shops, entertainment, and major employers, the property is ideally positioned for strong tenant demand and future appreciation. Just two blocks from the UT baseball stadium, the location also offers added appeal for sports enthusiasts, visiting families, and university affiliates. A rare chance to own a versatile, high-demand property in the heart of Central Austin. (Tax and assessed values are estimates only. Buyer to independently verify all information.)

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Laura Hoke

eXp Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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