#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Cash-flowing income property in East Austin's Grant Park/East MLK neighborhood, minutes from Mueller and downtown. The main house (Unit 1) offers 3 bedrooms and 1 bath in approximately 1,024 square feet, built in 1957, leased through June 2027 with a long-term tenant in place, and recently updated with a new roof, HVAC, water heater, and water/sewer lines. The side-entry ADU (Unit 2), built in 2021 and City of Austin permitted, is a 1-bedroom, 1-bath studio with soaring 15-foot vaulted ceilings, a private entrance, and its own fenced yard, operated as a mid-term rental with income that varies seasonally. Set on a spacious 0.25-acre lot, this property offers multiple paths forward: hold for cash flow, remodel, or redevelop to maximize rental income in one of East Austin's fastest-evolving corridors. Seller financing may be available to qualified buyers, inquire with listing agent for details. Buyer and buyer's agent to verify all information.
Property Type
Residential
Year Built
1957
Lot Size
0.25 acres
$/Sq Ft
$382
Listed by Tiffany Russell Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1614 Elmira RD is listed at $595,000 with 3 bedrooms, 2 full bathrooms, 1,556 square feet, 0.25-acre lot. This places it above the 78721 median of $450,000.
1614 Elmira RD is zoned for Austin ISD with assigned schools: Sims (elementary), Garcia (middle), Northeast Early College (high). School assignments should be verified directly with the district.
1614 Elmira RD is a Residential built in 1957 featuring 3 bedrooms, 2 full bathrooms, 1,556 square feet, 0.25-acre lot.
1614 Elmira RD 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.
The most recent annual property tax for 1614 Elmira RD is $8,979. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.6% | — | $438,569 | — | — |
2024-8.4% | — | $496,395 | $275,000 | $199,395 |
2023+105.4% | — | $541,901 | $330,000 | $166,395 |
2022+21.6% | — | $263,857 | $330,000 | $211,901 |
2021 | — | $217,000 | $192,500 | $71,357 |
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.
20% ($119K)
$595,000
Luxury property intelligence
A sourced read on Grant Park pricing, timing, and property scale. No automated valuation claim.
List price
$595,000
Price per sqft
$382/sqft
Vs. Grant Park median
Not available
Days on market
11 days
Original to current
No verified reduction
$595K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 27, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($119,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1614 Elmira RD is around $3,836 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $595,000, 1614 Elmira RD is in the Grant Park market where there are currently 77 active listings in 78721. The Keenan Group has completed 5 transactions in 78721 as part of 1,000+ career sales totaling $1B+ across Austin.
1614 Elmira RD was built in 1957 (69 years ago). Buyers should budget for potential updates to major systems.
1614 Elmira RD 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.
10 events on record
Current Price
$595,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.6% | — | $438,569 | — | — |
2024-8.4% | — | $496,395 | $275,000 | $199,395 |
2023+105.4% | — | $541,901 | $330,000 | $166,395 |
2022+21.6% | — | $263,857 | $330,000 | $211,901 |
2021 | — | $217,000 | $192,500 | $71,357 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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