Rare opportunity in the heart of 78704 just minutes from downtown Austin and the South Lamar corridor. This fully reimagined 1930s South Austin property offers exceptional flexibility with two distinct ownership paths: a spacious primary residence with guest income potential, or a fully functioning multi-unit investment property with immediate cash flow.
Option 1: Primary Residence with Income Support
The main home is a thoughtfully expanded 3-bedroom, 3-bath residence featuring an open-concept living area with fireplace, two guest bedrooms on the main level, and a private upstairs primary suite spanning the entire second floor. The layout offers separation, comfort, and character while maintaining a warm, livable flow ideal for everyday living and entertaining. Outdoor spaces include porch, a private patio, and a mature shade tree with swing"”creating a rare retreat feel.
Option 2: Fully Income-Producing Compound
For investors or hybrid owner-occupants, the property functions as a true multi-unit setup. A converted garage structure includes two separate residences: a 2-bedroom, 1-bath unit with kitchenette and laundry amenities. Also a fully renovated 1-bedroom 1-bath (~550 sq ft) upstairs apartment with full kitchen and established long-term tenancy on month-to-month terms. The main home and additional units have been utilized for both short-term and long-term rental income, offering diversified revenue streams in one of Austin's most consistently in-demand rental corridors.
Significant system upgrades include spray foam insulation throughout both structures (2014), new roofs (2021), and high-efficiency windows on the main residence (2024), supporting long-term efficiency and reduced maintenance.
Located in one of Austin's most walkable and high-demand neighborhoods, this property offers immediate usability, strong rental performance, and long-term appreciation potential without the typical constraints of nearby comparable properties.
Property Type(s):
Single Family
|
Last Updated
|
6/7/2026
|
Tract
|
Bouldin James E Add
|
|
Year Built
|
2004
|
Community
|
Bouldin James E Add
|
|
County
|
Travis
|
SCHOOLS
| Elementary School |
Becker |
| Jr. High School |
Lively |
| High School |
Travis |
Price History
|
Prior to Jun 7, '26
|
$1,725,000 |
| Jun 7, '26 - Today |
$1,700,000 |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Built-In Gas Range, Dishwasher, Refrigerator, Washer/Dryer |
| AREA |
6 |
| CONSTRUCTION |
Wood Siding |
| EXTERIOR |
Private Yard |
| FIREPLACE |
Yes |
| HEAT |
Natural Gas |
| INTERIOR |
Walk-In Closet(s) |
| LOT |
7275 sq ft |
| LOT DESCRIPTION |
Back Yard |
| PARKING |
Additional Parking |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Bouldin James E Add |
| TAXES |
29212 |
| UTILITIES |
Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
Location
Property listed by Ryan Mojica, RPM Reliable Prop. Mgmt
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 6/9/26 11:25 AM PDT. 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.
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.
This IDX solution is (c) Diverse Solutions 2026.
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