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$699,000

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

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,799 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$388.55 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Range, Gas Cooktop, Refrigerator
FlooringConcrete, Linoleum, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

About this property

Prime Investment Opportunity in Austin’s Hottest Neighborhood! Unlock the potential of this exceptional dual-home property in a high-demand, walkable Austin neighborhood—an investor’s dream. Featuring two highly desirable rental units, this property offers strong income potential, flexibility, and long-term value appreciation. The back home, built in 2018, is a sleek 2 bed, 2 bath modern residence with open-concept living, stylish finishes, and abundant natural light. Its contemporary design attracts premium tenants and ensures low-maintenance ownership. The front home, a charming 1935 bungalow, retains the character of old Austin while featuring updated kitchen and bath spaces—perfect for short- or long-term rentals. With two separate homes on one lot, investors can maximize rental income, house-hack by living in one unit while renting the other, or use it for multi-generational living. Located just minutes from downtown Austin, UT, and major attractions, this property is ideal for students, faculty, and city professionals. Plus, being two blocks from the UT baseball stadium adds even more value for sports fans and visitors. A rare opportunity in one of Austin’s fastest-growing areas—don’t miss this chance to secure a high-yield investment in an unbeatable location! (Tax and assessed values are estimates only. All amounts should be verified independently.)

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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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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1908 E 21st ST 1 and 2 | Property Details | No Agent List