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You are here: Home / 1202 E 29th ST, Austin, TX 78722 (MLS # 5947016)

1202 E 29th ST, Austin, TX 78722 (MLS # 5947016)

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PRICE $750,000 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 2,408 sqft
LOT SIZE 7,850 sqft
Request More Info Schedule a Showing

NEW INVESTOR SPECIAL "” Two Homes, One Price in East Austin! Offered at $750,000, this cash-flowing attached duplex provides a rare opportunity in Central Austin, with the option to purchase each home separately. Investors have already taken notice of this one. This property features two fully separate homes located in East Austin's desirable 78722 zip code. Tenants are responsible for all utilities and lawn care. Pro-forma NOI is projected at $57,150 per year with a cap rate of 7.62%. Estimated cash flow is approximately $1,068 per month with 20% down at a 6.25% rate, and the DSCR is 1.29, making it an easy qualifier. Buy the entire property for $750,000 or choose to purchase each home individually. Side A offers 1,354 square feet and is priced at $500,000. Side B offers 1,054 square feet and is priced at $350,000. This layout accommodates a wide range of strategies including long-term rentals, mid-term rentals, short-term rentals, house-hacking, owner-occupant income opportunities, 1031 exchanges, DSCR financing investors, and developers seeking flexible configurations. This is a rare chance to own two income-producing homes on one lot in one of Austin's most sought-after neighborhoods. Properties like this seldom hit the market, and when they do, they move quickly. Our last listing in this area sold in three days with multiple offers.

LAST UPDATED 12/4/2025 TRACT Dancy Add
YEAR BUILT 1984 COMMUNITY Dancy Add
COUNTY Travis STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Maplewood
Jr. High School Kealing
High School McCallum


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Gas Range, Microwave
AREA 3
CONSTRUCTION Wood Siding
EXTERIOR Private Yard
HEAT Central
INTERIOR Built-in Features, Ceiling Fan(s), High Speed Internet, Master Downstairs, Recessed Lighting
LOT 7850 sq ft
LOT DESCRIPTION Back Yard, Corner Lot
PARKING Common
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Dancy Add
TAXES 16632.59
UTILITIES Electricity Available, Natural Gas Connected
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
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*Estimate only

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CONTACT US ABOUT 1202 E 29TH ST
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We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jude Galligan to contact you even if your name is on a Federal or State "Do not call List".

Property listed by Melanie Suber, eXp Realty, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 12/13/25 10:59 AM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2025.

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