1614 Elmira RD Austin, TX 78721

Listing details for 1614 Elmira RD, Austin, TX 78721 : Turnkey income property in East Austin's Grant Park/East MLK neighborhood, minutes from Mueller and downtown. Both units are currently leased, delivering immediate cash flow on day one. The main house (Unit 1) offers 3 bedrooms and 1 bath in approximately 1,024 square feet, built in 1957, with a long-term tenant in place. The side entry ADU (Unit 2), built in 2021, is a 1-bedroom, 1-bath studio with soaring 15-foot vaulted ceilings, a private entrance, and its own fenced yard, historically leased on a flexible short-term basis for consistent rental income. Set on a spacious 0.25-acre lot, this property offers multiple paths forward: hold for cash flow, remodel, or redevelop to maximize rental income in one of East Austin's fastest-evolving corridors. Seller financing may be available to qualified buyers, inquire with listing agent for details. Buyer and buyer's agent to verify all information.