1401 Greenwood Ave # 2, Austin TX 78721

Welcome to an ultra-rare opportunity in East Austin: two homes on one lot, optimized for house hacking, investment, or multigenerational living. Imagine your mortgage being partially paid by the front unit while you live in—or lease out—the back.

Front Home
• 2 bedrooms, 1 bath
• Fully operational short-term rental with proven income track record
• Thoughtfully maintained, turnkey ready

Rear Home
• 2 bedrooms, 1.5 baths
• Spacious, private, and comfortable—ideal for long-term occupancy
• Room for customization or upgrades

Property Highlights
• Prime East Austin location, walkable to coffee shops, tacos, parks & nightlife
• Over 0.27 acres (approx.) in size — generous outdoor space for entertaining, gardens, or expansion
• Covered front porch, backyard storage, mature trees offering privacy and shade
• No HOA (freedom to make your vision a reality)
• Proven investment upside: existing income stream plus upside potential
Hot tub hook ups ready to go (the square pea gravel in the backyard)

This isn’t just a single-family home; it’s a strategic real estate play. Whether you want passive income, partial mortgage relief, or flexible multi-unit living, 1401 Greenwood delivers. Compounds like this rarely hit the market in East Austin.