1148 Gunter ST # B, Austin TX 78721

Nestled in the heart of vibrant East Austin, this iconic 1938 home effortlessly blends historic character with modern updates. Situated on a generous 0.23-acre lot, the main house features reclaimed cedar and beadboard detailing, showcasing timeless craftsmanship throughout. With two spacious bedrooms and two full bathrooms - including a vintage clawfoot tub and a modern walk-in shower - this home has been thoughtfully upgraded with new PEX plumbing, energy efficient windows and updated electrical, preserving its historic soul while delivering modern comfort and peace of mind.
A detached garage apartment with a flexible studio space below adds incredible versatility. With a new roof, updated systems, and abundant potential, this secondary structure opens the door to multiple living options. Upstairs, the garage apartment boasts original hardwood floors, a full kitchen, and ample natural light - ideal as a guest suite or long-term rental. Downstairs, the flex space includes a kitchenette and half bath, perfect for an artist’s studio, yoga room, home office, or easily convertible into a third income-producing unit.
Surrounded by native landscaping and secured behind a privacy fence, the oversized lot offers rare potential for expansion - ADUs, tiny homes, or even a pool. An EV charger is already installed, and the property is move-in ready for multi-generational living, homesteading, or investment.
Whether you’re looking to live, create, rent, or expand, this East Austin treasure delivers an unbeatable blend of location, character, and future potential. Price drop reflects any foundation work needed.