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$799,999

NAL Estimated Property Value

2103 E 21st ST, Austin, TX, 78722

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,768 Sq Ft
price_per_sqft$452.49 / sqft
Year BuiltBuilt in 1953

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Vented Exhaust Fan
FlooringConcrete, Laminate, Wood

Exterior

Exterior FeaturesExterior Steps, Lighting, No Exterior Steps

About this property

Nestled on a quiet street in the heart of East Austin, welcome to 2103 E 21st St a charming, eclectic bungalow. Take note there are two units at the property and a number of Bonus Spaces. These include the income-producing attached 2-bedroom rental apartment, the music (or office) studio, separate workshop, detached cottage with HVAC (great for quiet solitude), and the fun and functional travel trailer/guest quarters. This truly unique property has been lovingly updated and cared for and has many potential uses (ie work from home, in-law suite, short-term rental, and more). The current owners have generated solid income from the apartment, and when away from home, even more income from the primary house via AirBnB. Perfectly situated to take advantage of the Eastside’s cultural oasis, this property is just a couple of blocks to coffeeshops and a wide assortment of Austin’s favorite restaurants and bars, and only a 15 min walk to UT and the football stadium, a short walk to Dell Medical School, the Eastside bar & club district, and a super quick ride to downtown. Across the street from Alamo park which includes a playground, covered basketball/skateboard court, and Alamo Community Garden, the main house boasts three spacious-yet-cozy bedrooms, two full and renovated bathrooms, as well as two living room spaces. The first living space is a small sitting area adjacent to the kitchen which is perfect for keeping the chef company, and the second is a large open gathering space with a dining room and a sizable living area, great for family meals, movie watching, cocktail hour, or just kicking back. This second living room space also adjoins a large outdoor back patio area with shade sails. Please contact the listing agent with questions as this is a truly unique opportunity.

Investor Tools

Property Icon
$799,999
Estimated Property Value
$0Estimated Mortgage Balance
$799,999Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

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

City: Austin

2103 E 21st ST | Property Details | No Agent List