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Under Contract

$795,000

1501 Cinnamon PATH #A & B, Austin, TX 78704

Cinnamon Ridge

Sq Ft2,128
Acres0.16
Year Built1982

About This Property

Turnkey Cash-Flowing Duplex in 78704 - Perfect House Hack! Stop paying rent and start building equity in South Austin’s hottest neighborhood - just minutes from destinations like Uchi, Loro, Odd Duck, Matt’s El Rancho, The Broken Spoke, & Radio Coffee. This renovated 2-story 2,128 SF duplex offers the ultimate house-hacking opportunity. Let your tenant pay your mortgage. Each unit features 2 bedrooms, 1.5 baths, carport, great storage, pet-friendly cement floors on the main level with open floorplan and fireplace, 5 panel solid doors, updated kitchen with new cabinets, stylish pendant lights, stainless GE appliances, quartz countertops, dimmable ceiling lights, and laundry hook-ups. Primary bedrooms include large WICs and north-facing balconies. Wood or LVP in bedrooms (no carpet). Low-maintenance exteriors with inviting backyards: pet-friendly, fenced-in, xeriscaped with string lights surrounded by mature trees. Side A is vacant: includes LG washer & dryer and HVAC done in 2019. Side B is rented through Jan. 31, 2027 for $2495 with new HVAC in 2025. New Roof and water heaters for both units done in 2019. Duplex has been grossing $60K revenue in last several years. Whether you're looking to tap into the short-term rental market or lock in a long-term lease, this is an incredible opportunity for first-time investors. Showings start Sunday May 24th.

Property Details

Property TypeMulti-Family
MLS #5718029
Days on Market18
Lot Size0.16 acres
Listed5/22/2026
Last Updated5/22/2026

Location

County
Travis
School District
Austin ISD
MLS Area
6

Size

Lot Description
None
$/Acre
$4,847,561

Improvements

Fence
Fenced, Wood
Exterior Features
Balcony
Heating
Electric, Heat Pump
Cooling
Central Air
Appliances
Dishwasher, Electric Range, Ice Maker, Microwave, Range, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
Flooring
Concrete, No Carpet, Tile, Vinyl, Wood
Fireplaces
Living Room, Masonry, Wood Burning
Fireplace Count
2
Windows
Aluminum Frames, Blinds
Construction Materials
Masonry – Partial
Foundation
Slab
Roof
Composition
Direction Faces
North
Pool Features
None
Patio / Porch
None
View
Neighborhood, Trees/Woods
Community Features
None
Parking Features
Carport

Location

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Listing provided by Julie Alpers · Keller Williams Realty · (917) 805-9879

The 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$795,000