This listing is NOT a foreclosure. 1137 Richardine Ave is a perfectly placed East Austin charmer with a secret advantage: a completely sepaate converted suite thats been successfully used as an Airbnb. The main home offers two bedrooms and one full bathroom across roughly 800 square feet, sitting on a generous lot in the heart of 78721. Inside, the layout is simple, efficient, and easy to maintain, with natural light and a comfortable flow that fits first-time buyers, downsizers, or anyone wanting a low-maintenance footprint in one of Austins most dynamic neighborhoods.nnBehind the main home sits the real bonus-a detached guest suite with its own private entrance and full bathroom. Fully separated from the house, its ideal for short-term rentals, traveling nurses, long-term guests, or a private studio or workspace. Historically, the back unit has generated $1,500$2,200 per month in Airbnb income, while the front house has rented for $2,400$2,800 per month. Together, the property has produced approximately $4,400 per month, or $53,000 annually, with potential to further optimize returns. Fully paid-off solar panels add another layer of value by helping keep ongoing utility costs l
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ow. Furniture negotiable. nnThe location adds even more value, with quick access to Mueller, Springdale General, Downtown, and nearby parks and trails. Whether someone wants a flexible living setup, a mortgage-offsetting rental, or a smart long-term hold in East Austin, this property delivers the kind of versatility and cash flow potential thats hard to find at this price point.This MLS Resale home is a single family home located in AUSTIN. It offers 0.141 acres in size, 3 beds and 2 baths. Review its detailed information and determine if this AUSTIN MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1056854098
Parcel Number196246
CountyTravis
Bedrooms3
Bathrooms2.0
Living Area (sqft)1,025
Price/sqft$438
Year Built01/01/1986
Property TypeSingle Family Home
Lot Size0.141 acres
Stories1
Total Units1
HeatingCentral
CoolingCentral
Roof TypeComposition Shingle
Parking2
Construction TypeWood
Legal DescriptionLot 21 Blk 4 Brooksdale
Property Brokerage:
Open House Austin Group LLC