4-2 total: 3-2 house with 1-1 Garage apartment ADUnnPrime Central Austin Location 10 minutes walking distance from UT Law SchoolnnThis is arare opportunity in the heart of Austin's North University neighborhood just blocks from UT campus, Hyde Park, and minutes to Downtown.nnThis charming 1930s bungalow blends vintage character with modern upgrades, and includes a fully detached garage apartment ideal for short-term rental, long-term tenant, or guest suite. Whether you're an investor, a parent buying for a UT student, or a buyer looking for flexibility and passive income, this property checks every box.nnKey Features: -Main House: 3 bedrooms + 2 baths, hardwood floors, high ceilings, lots of natural light -Garage Apartment ADU: 1 bed + 1 bath + kitchenette, separately metered, private entrance -Updated HVAC, Roof, and Electrical -Beautiful yard with mature trees and covered pationnOff-street large parking for multiple cars-Ideal layout for owner-occupant + rental or full investment portfolionIncome Potential: Garage apartment leases at $1,500/month with consistent rental history. Potential for higher revenue with furnished short-term or mid-term rental setup perfect for traveling
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nurses, grad students, or Austin visitors.nnLocation Highlights: -Walkable to UT -Across the street from Lee Elementary -Quick access to I-35, Mopac, and Metro bus linesnnAct fast! Homes with income-producing options in this part of 78705 don't last long. nnAppraised on 08/10/2025 at $1,140,000. MotThis rent to own home is a single family home located in AUSTIN. It offers 8729.00 sq. ft. in size, 4 beds and 3 baths. Review its detailed information and determine if this AUSTIN rent to own has the qualities you are looking for.
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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
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