1401 Greenwood Avenue 1 & 2, Austin, TX

$485,000

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4

Beds

3

Baths

1,600

Square feet

0.27

Acres

About 1401 Greenwood Avenue 1 & 2

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 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.

Features of 1401 Greenwood Avenue 1 & 2

MLS® # 6536216
Price $485,000
Bedrooms 4
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,600
Acres 0.27
Year Built 1959
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1401 Greenwood Avenue 1 & 2
Area 5
Subdivision Greenwood Heights
City Austin
County Travis
State TX
Zip Code 78721

Amenities

Utilities Electricity Connected, Fiber Optic Available, Natural Gas Available, Sewer Connected, Above Ground Utilities
Features None
Parking Driveway
View Creek/Stream
Is Waterfront No
Waterfront Creek
Has Pool No

Interior

Interior Vinyl
Appliances Cooktop, Dryer, Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Oven, Range, Refrigerator, Range Hood, Washer, Free-Standing Range
Heating Forced Air
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Private Yard, Barbecue
Lot Description Back Yard, Level, Many Trees
Roof Shingle
Construction Frame, HardiPlank Type, Wood Siding
Foundation Slab

School Information

District Austin ISD
Elementary Sims
Middle Garcia
High Northeast Early College

Additional Information

Date Listed October 8th, 2025
Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOpen House Austin Group LLC
Contact Info(512) 222-3720

Listing Map

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