
$870,000
NAL Estimated Property Value2931 E Martin Luther King Jr Blvd, Austin, TX, 78702
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About this property
Located in vibrant East Austin, the Rosewood neighborhood, this unique property offers exceptional flexibility for owner-occupants and investors. The lovely river rock residence features 3 bedrooms and 3.5 baths across 1,746 square feet, complemented by a separate one-story guest cottage with 2 bedrooms and 2 baths spanning 848 square feet, ideal for multigenerational living, student housing, guest suite, or rental income from one or both homes. Built in 2006, both homes blend thoughtful design with modern updates. Upon entering the main home, you’re welcomed by a striking wood-burning fireplace, wrapped in natural river stone from floor to ceiling, creating a warm and inviting focal point for the downstairs living space. Both kitchens have been beautifully refreshed, and two bathrooms have been fully remodeled with luxury finishes, adding style and comfort throughout. The yards were thoughtfully landscaped with roses and native plants, ready for spring pruning and features a raised garden bed behind unit B, ready for planting. Parking features include a carport for the main house, a double driveway, and a crushed granite circular drive for easy access and exit. Walkable and bikable, this location is unbeatable just half a block from Zeds Fruit Ice Cream and half a mile from the acclaimed Birdies Restaurant. MLK MetroRail Station (1/3 mile) Enjoy quick access to HEB and dining at the Mueller District (2 miles), Downtown Austin (3 miles), and Austin-Bergstrom International Airport (6 miles). Whether you’re seeking a flexible living arrangement, an income-producing property as a LTR or STR, or a home that places you at the center of East Austin’s energy, this residence delivers on possibility, comfort, and location. Seller financing option.
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Learn About the Market: Opportunity in Austin




Explore
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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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