This property at 1308 Greenwood Ave, Austin, is a fully renovated 3-bed, 2-bath home in East Austin—one of the city’s hottest areas for both lifestyle and resale. At about 1,600 sqft and recently updated with high-end finishes, it’s listed at $600K, which puts it right at or just above the neighborhood’s median listing price of $575K, and matches the average price per sqft for nearby comps. Because it’s move-in ready, most of the classic 'fix-and-flip' upside is already baked into the price, leaving little room for short-term value-add.
If you’re an investor looking for a flip opportunity, this one’s probably not your best bet—there’s just not much juice left to squeeze. But if you’re a homeowner, you’re sitting pretty! Highlight the renovations, energy-efficient features, and the ADU potential to attract top-dollar buyers. For both audiences, the location and quality finishes will help you stand out.