Cherico 02
2,405
Sq Ft
0.21
Acres
2005
Year Built
Buying in Austin shouldn’t mean choosing between a home you love and a payment you can live with. This rare two-homes-on-one-lot setup gives you a smarter path to ownership: live comfortably in the spacious 4-bedroom, 2.5-bath main home, while the separate 2-bedroom, 1-bath residence can generate income to help offset monthly costs. If you’ve been stuck in the Austin tradeoff loop—too small, too expensive, or zero flexibility—this property changes the math and the lifestyle. Keep the second home leased, use it for extended family, create a private work-from-home space, or reserve it for guests. The point is freedom: your home can evolve as your needs do. With both homes currently leased,(ending July 2026) the property is producing $5,250/month in total rental income (per seller/leases; buyer to verify rent roll, terms, and ongoing marketability). That built-in income stream can help you reduce your mortgage burden—or potentially qualify for more home depending on lender guidelines. Set on a generous lot with a four-car driveway, you’ll have room to live, host, and grow—without giving up city access. You’re minutes from downtown and walkable to Birdie's Restaurant & Wine Bar, Nixta Taqueria, and Austin Community College, blending everyday lifestyle with convenience in Austin. * The Seller just approved a new roof to be installed on the front house! Roof coming in the next 10 days!! Simple plan: tour both homes, review the lease details, run your numbers, and decide with clarity.
Listing provided by Carrie York · Live512 LLC · (512) 801-0436
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