This 3-bed, 2-bath East Austin property has strong rental potential with projected monthly income between $1,715-$2,500, placing it in line with the falling yet still robust Austin rental market. Located in a desirable East Austin neighborhood with excellent walkability to restaurants, shops, and outdoor amenities, this 1940s home offers 1,504 sq ft of living space on a generous 6,839 sq ft lot. With Austin's rental prices stabilizing after recent declines, this property's character features (high ceilings, multiple living areas) and prime location make it particularly attractive to young professionals and small families.
To maximize rental potential, consider strategic updates to the kitchen and bathrooms while preserving the home's vintage charm. The property's walkability is a major selling point, so highlight proximity to popular East Austin destinations in marketing materials. The large lot presents an opportunity to enhance outdoor living space with landscaping improvements or possibly adding a small ADU (Accessory Dwelling Unit) to generate additional rental income, subject to local zoning regulations. If selling, emphasize the property's investment potential and central location in marketing materials.