3116 Prado St #1 and 2, Austin, TX 78702

Description

Luxury Live Auction! Bidding to start from $875,000.00!
Owner/Agent. A rare East Austin find: two separate homes on one lot, just two houses off Tillery St and steps from a thriving neighborhood commercial district. Live in one and rent the other, run a home business, or hold both as investments. The options are wide open.
Unit 1 was remodeled down to the studs in 2019 and has since operated mostly as a monthly Airbnb rental. This 3-bed, 2-bath craftsman/mid-century home includes a suite with its own private exterior entrance plus hall access to the rest of the house.
Unit 2 is brand-new construction with its certificate of occupancy just issued. It has two entrances, one to the main floor and one to the upstairs suite, and a hallway door lets the two floors be closed off from each other. That makes it ideal for guests, rental income, or flexible living. An insulated, extra-deep garage with an EV charger rounds it out.
Each home has its own driveway and parking, which is hard to find in East Austin. The units have separate utilities and are set up for potential condo conversion, though the owner prefers to sell to a single buyer. All work to date was permitted through the City of Austin. Previously permitted plans, now expired, show an expansion and floor plan rework for Unit 1 and a future two-story third unit behind it.