This is a rare Central Austin investment opportunity that combines architectural pedigree, proven income performance, and multiple exit strategies — all on one property.
Designed by Reach Architects and built by Homebound, the property features two architecturally distinct residences positioned for maximum flexibility and revenue potential. Whether you’re pursuing short-term rental income, long-term leasing, house hacking, multi-generational living, or a live-work setup, the configuration supports a wide range of investment models.
The front residence has a strong track record as a successful short-term rental, offering immediate income production from day one. For investors seeking a seamless transition, furnishings are available for purchase with acceptable terms, creating a turnkey STR asset in one of Austin’s most desirable rental corridors. The modern open-concept layout, chef-grade kitchen with quartz countertops and custom cabinetry, and light-filled living spaces are highly aligned with guest preferences and premium nightly rates.
Positioned on a designated “Living Street,” the home benefits from a unique community-oriented setting that enhances guest experience and long-term desirability — a subtle but meaningful advantage in competitive rental markets.
The rear residence expands the income strategy. With its own gated entrance and covered carport, this private two-bedroom, two-and-a-half-bath home functions independently — ideal for long-term tenants, medium-term furnished rentals, multigenerational occupancy, or an owner’s residence while leasing the front home. The open main level, efficient layout, and abundant natural light create broad renter appeal, while upstairs bedrooms with skylit bathrooms elevate perceived value.
Together, the two structures allow investors to:
• Operate dual rental streams (STR + LTR or dual LTR)
• Offset ownership costs through house hacking
• Provide flexible housing for extended family while maintaining privacy
• Adapt to changing STR regulations or market conditions
• Maximize resale appeal with multi-use functionality
Exterior and operational upgrades further strengthen the asset’s performance and durability, including automatic drive gates with keypad and remote access, wrought iron perimeter fencing, refreshed wood fencing, and professionally landscaped outdoor areas. The property has been meticulously maintained with ongoing yard care, pest prevention, and annual HVAC servicing — reducing deferred maintenance risk for the next owner.
Location is a core value driver. With immediate access to Downtown Austin, Mueller, UT Austin, and major commuter corridors (I-35, 290, and 183), the property sits in a high-demand zone for both short- and long-term renters. Proximity to employment hubs, entertainment districts, and university demand centers supports strong occupancy and long-term appreciation.
Opportunities that combine design quality, income history, and strategic flexibility in Central Austin are exceptionally limited. This property delivers a rare blend of current cash flow, lifestyle adaptability, and long-range equity potential.