Austin, TX 78702
$948,900
Two fully detached homes on one lot at 1206 Maple Ave in East Austin’s 78702, bringing in $5,595/month ($67,140/year) in combined rent with tenants in place. No shared walls, no HOA, and roughly $475k per door. Unit A (3 bed / 2.5 bath) rents for $3,100/month, with the tenant staying on month-to-month. Unit B (2 bed / 1.5 bath) is leased through August 2027 at $2,495/month. Each home has its own fenced yard, dedicated driveway and separate entrance, so both live like true single-family houses. There are three ways to own it. As a full investor, collect $67,140/year in gross rent with both tenants in place. As an owner-occupant, live in Unit A and let Unit B’s $2,495/month go toward your mortgage. As a UT family, set your student up in Unit A with roommates covering costs, rent out Unit B, and build equity in one of Austin’s strongest zip codes while they finish school. Both homes have hard-surface floors throughout (no carpet) and Google Fiber. The roof was replaced in 2023, and Unit A got fresh interior paint and a new back door in 2025. The location does a lot of the work. With a Walk Score of 81 and a Bike Score of 89, this is one of East Austin’s most walkable pockets, minutes from downtown, UT and MetroRail. Two homes, two income streams, one address worth seeing in person.
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