Listed by Matt Key of Resident Realty,LTD. ((512) 947-6299)
A Hyde Park-area home where the backyard pays part of your mortgage. The detached guest house at 307 E 35th St generates $1,500/month, with the same reliable tenant for seven years, while you live in an original 1922 Craftsman on one of North University's prettiest tree-lined streets. That's $18,000 a year in income, walking distance to UT, Hancock Golf Course, Hyde Park Bar & Grill, and First Light Books, minutes from Downtown and Mueller. The main house is a 2-bedroom, 1-bath with original hardwoods, high ceilings, a fireplace, and the kind of Craftsman detail you cannot buy new. It's priced for its condition: the bones and character are here, and it's ready for your updates. Bring your vision and build equity in a neighborhood where renovated homes command significantly more. The guest house (kitchenette, full bath, lofted sleeping area) has private alley access and its own off-street parking. Though titled as a condominium, this is a fully detached home with no shared walls, a private fenced backyard, and no HOA fees. Owner-occupy the whole property, house-hack with the guest house income, or hold both as rentals. Three ways to win in one of Austin's most enduring neighborhoods.

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Listings courtesy of Unlock MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 10, 2026 3:14 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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