1401 Greenwood Ave 1 & 2, Austin, TX 78721

• 4 beds |
• 3 baths |
• 1,600 sqft

Property Description

Welcome to an ultra-rare opportunity in East Austin: two homes on one lot, optimized for house hacking, investment, or multigenerational living. Imagine your mortgage being partially paid by the front unit while you live in—or lease out—the back. Front Home • 2 bedrooms, 1 bath • Fully operational short-term rental with proven income track record • Thoughtfully maintained, turnkey ready Rear Home • 2 bedrooms, 1.5 baths • Spacious, private, and comfortable—ideal for long-term occupancy • Room for customization or upgrades Property Highlights • Prime East Austin location, walkable to coffee shops, tacos, parks & nightlife • Over 0.27 acres (approx.) in size — generous outdoor space for entertaining, gardens, or expansion • Covered front porch, backyard storage, mature trees offering privacy and shade • No HOA (freedom to make your vision a reality) • Proven investment upside: existing income stream plus upside potential Hot tub hook ups ready to go (the square pea gravel in the backyard) This isn’t just a single-family home; it’s a strategic real estate play. Whether you want passive income, partial mortgage relief, or flexible multi-unit living, 1401 Greenwood delivers. Compounds like this rarely hit the market in East Austin.

Listing Status:

Active

Listing Office:

Open House Austin Group LLC : (512) 222-3720

Listing Agent:

Stephanie Douglass : (281) 787-5040

MLS ID:

6536216

Interior

• General: Two Primary SutiesVaulted Ceiling(s)In-Law FloorplanOpen FloorplanPrimary Bedroom on MainStorageTwo Primary Closets
• Appliances: CooktopDishwasherDryerGas CooktopGas RangeOvenRangeFree-Standing RangeFree-Standing Gas RangeRNGHDRefrigeratorFree-Standing RefrigeratorWasherWasher/Dryer
• Laundry: In KitchenIn UnitInsideLaundry Room
• Flooring: Vinyl
• A/C: Multi Units
• Heating: Forced Air
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

• General: BarbecuePrivate Yard
• Other Structures: Guest HouseResidenceSecond ResidenceStorageFront Porch
• Pool: None
• Parking: DrivewayParking spaces: 2

Construction

• Roofing: Shingle
• Windows: None
• General: OneSlab

Location

• HOA Amenities: None
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: LOT 12 BLK B GREENWOOD HEIGHTS02111701520000
• View: Creek/Stream
• Fencing: Back YardFencedGatePerimeterWood

Utilities

• Utilities: Above GroundElectricity ConnectedHigh Speed InternetNatural Gas AvailableSewer Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris

This listing courtesy of Stephanie Douglass, Open House Austin Group LLC