On MarketA dual-dwelling property in Central East Austin's Chestnut neighborhood, minutes to downtown, UT, and the Capitol. The main home is a spacious, modern 5-bedroom, 3-bath, 2-garage residence with an open-concept layout, a primary suite on the main level, and a large multi-level patio plus a rooftop terrace with a partial Austin skyline view. The back home is a fully separate 2-bedroom, 1.5-bath, 2-car-garage residence with rear alleyway access, concrete flooring, and its own rooftop terrace with a view. Both structures have dedicated yards. Currently tenant-occupied (main home $6,000/mo, back home $2,750/mo), with both leases ending around August 1, 2026. On the market via MLS #4944309, listed by Bridget Ramey, Kuper Sotheby's International Realty.
Erika's take
5 br main house + 2 br back house in east austin, two separate residences on one lot, current rental income in place, minutes to downtown, ut & the capitol
Tax play notes
71% improvement-to-land ratio per Travis CAD's 2026 assessment ($699,573 improvement of $988,706 total) across the combined dual-structure parcel. MLS remarks note an investor could consider legally splitting the two houses into separate condos (~$5K in legal fees) or operating both as short-term rentals — either move would layer onto an already high cost segregation ratio.
Erika's estimate: ~$200K/year gross annual revenue across both units.
Assessed value — land vs. improvement (2026)
Travis CAD's account for this parcel is recorded under the address "2204 E 13 ST B" but covers the full lot, including both structures.
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Added Aug 13, 2026