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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 Type
Residential Income
Year Built
1982
Lot Size
0.16 acres
$/Sq Ft
$374
Garage
4 spaces
Listed by Keller Williams Realty
Verified property facts
1501 Cinnamon PATH Unit #A & B is listed at $795,000 with 0 bedrooms, 2,128 square feet, 0.16-acre lot.
1501 Cinnamon PATH Unit #A & B is zoned for Austin ISD with assigned schools: Zilker (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
1501 Cinnamon PATH Unit #A & B is in South Congress, Austin, Texas. See the full [South Congress neighborhood guide](/neighborhoods/south-congress-austin) for market data, schools, and lifestyle details.
1501 Cinnamon PATH Unit #A & B is a Residential Income built in 1982 featuring 0 bedrooms, 2,128 square feet, 0.16-acre lot.
1501 Cinnamon PATH Unit #A & B is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($159K)
$795,000
Luxury property intelligence
A sourced read on South Congress pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
$374/sqft
Vs. South Congress median
+87.1%
$425K median
Days on market
10 days
Original to current
$5K reduction
$800K original
Active inventory context
22 listings
Price Position in South Congress
Listed 87% above the South Congress median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in South Congress
Active listings and buyer search context in South Congress
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#1 ABOR Team 2024 with $1B+ career sales volume
1501 Cinnamon PATH Unit #A & B is priced at $374 per square foot across 2,128 sqft. The South Congress median list price is $425,000.
The most recent annual property tax for 1501 Cinnamon PATH Unit #A & B is $11,478. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($159,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1501 Cinnamon PATH Unit #A & B is around $5,082 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $795,000, 1501 Cinnamon PATH Unit #A & B is in the South Congress market where there are currently 166 active listings in 78704. The Keenan Group has completed 46 transactions in 78704 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [South Congress guide](/neighborhoods/south-congress-austin).
1501 Cinnamon PATH Unit #A & B was built in 1982 (44 years ago). Buyers should budget for potential updates to major systems.
1501 Cinnamon PATH Unit #A & B includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
South Congress is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in South Congress real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Best Match
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Neighborhood guide and local insights
South Congress is the only street in Austin where you can buy custom cowboy boots, eat handmade sushi at a ten-seat counter, and watch 1.5 million Mexican free-tailed bats take flight from a bridge - all within a half-mile walk. That density of experience makes this neighborhood different from every other part of the city. It is a real neighborhood where people live full lives, and the commercial strip at its center happens to be the most photographed street in Texas. The corridor runs along Congress Avenue south of Lady Bird Lake, roughly from the bridge to Oltorf Street, with residential streets extending east and west. Downtown is a ten-minute walk across the Congress Avenue Bridge. The Texas Capitol is visible from the north end. Perla's does coastal seafood on a patio that becomes a scene on weekends. Home Slice Pizza has had a line since the day it opened. Aba serves Mediterranean with a rooftop view. June's All Day handles the all-day cafe role. Otoko is one of the most exclusive dining experiences in Texas. Magnolia Cafe remains a late-night institution. Jo's Coffee is where the famous mural lives, and Lenoir offers a prix fixe wine garden. Craftsman bungalows from the 1920s through 1940s give the neighborhood its character, with front porches and mature pecan trees. Modern condominiums line the avenue itself. Contemporary townhomes fill spaces between. Bungalows on decent lots start around $700,000 and can exceed $1.5 million. Condos range from the mid-$400s to over $2 million for luxury high-rise units with downtown views. Lot sizes for single-family homes are small, often under a tenth of an acre, which keeps the density high and the walkability real. Travis Heights Elementary serves many addresses and carries a loyal following among families wanting a diverse, walkable community. Fulmore Middle School and Travis High School are the secondary feeders. The schools are urban public schools in the truest sense: diverse student bodies, active parent organizations, and programs that benefit from a central location. Some families supplement with Austin Montessori and other private options nearby. The street itself is a walking experience: vintage clothing, record shops, galleries, and restaurants on both sides of a wide sidewalk. Barton Springs Pool is a short walk west. Blunn Creek Greenbelt cuts through the residential streets. The Lady Bird Lake Boardwalk puts residents on the water trail system without driving. The Congress Avenue Bridge bat colony draws crowds March through October. Social energy peaks on weekend evenings when the avenue fills and patios at Perla's and Home Slice spill onto sidewalks. South Congress is not directly comparable to suburban luxury neighborhoods because the product is fundamentally different. East Austin has more new construction and grittier energy. Travis Heights is quieter with larger lots. Rainey Street has been consumed by high-rises. South Congress maintains a balance between commercial energy and residential livability none of those can match. The bungalows have proven to be strong long-term holds. South Congress is for buyers who want to live inside Austin's cultural heartbeat. It works for couples, creatives, and professionals who prioritize walkability and social energy over square footage. It works for investors who understand that a Craftsman bungalow on a South Congress side street is one of the scarcest asset classes in the city.
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