
Positioned in one of Austin’s most sought-after and walkable neighborhoods, this unique dual-home property offers exceptional flexibility, income potential, and long-term upside. Whether you're an investor, owner-occupant, or buyer seeking a multi-generational setup, opportunities like this are increasingly rare in Central Austin. The rear residence, built in 2018, is a thoughtfully designed 2-bedroom, 2-bath modern home featuring soaring natural light, clean contemporary finishes, and an open-concept layout ideal for today’s lifestyle. Low-maintenance construction and strong rental appeal make it an excellent option for long-term tenants, short-term stays, or owner occupancy. At the front of the property, a charming 1935 bungalow captures the spirit of old Austin while offering updated kitchen and bath spaces that blend character with functionality. Its inviting curb appeal and flexible layout make it equally attractive as a primary residence, guest house, or income-producing rental. With two standalone homes on one lot, the possibilities are extensive: maximize rental revenue, live in one home while offsetting your mortgage with the other, or create a comfortable setup for extended family and guests. Located just minutes from Downtown Austin, the University of Texas, restaurants, coffee shops, entertainment, and major employers, the property is ideally positioned for strong tenant demand and future appreciation. Just two blocks from the UT baseball stadium, the location also offers added appeal for sports enthusiasts, visiting families, and university affiliates. A rare chance to own a versatile, high-demand property in the heart of Central Austin. (Tax and assessed values are estimates only. Buyer to independently verify all information.)
Property Type
Residential Income
Year Built
1935
Lot Size
0.15 acres
$/Sq Ft
$375
Garage
4 spaces
Listed by eXp Realty, LLC
Verified property facts
1908 E 21st ST Unit #1 and 2 is listed at $675,000 with 0 bedrooms, 1,799 square feet, 0.15-acre lot. This places it above the 78722 median of $599,900.
1908 E 21st ST Unit #1 and 2 is zoned for Austin ISD with assigned schools: Campbell (elementary), Kealing (middle), McCallum (high). School assignments should be verified directly with the district.
1908 E 21st ST Unit #1 and 2 is in East Austin, Austin, Texas. See the full [East Austin neighborhood guide](/neighborhoods/east-austin) for market data, schools, and lifestyle details.
1908 E 21st ST Unit #1 and 2 is a Residential Income built in 1935 featuring 0 bedrooms, 1,799 square feet, 0.15-acre lot.
1908 E 21st ST Unit #1 and 2 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
Price Change 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+19.6% | — | $751,248 | — | $398,187 |
2024-15.1% | — | $627,948 | $425,000 | $301,502 |
2023+87.1% | — | $739,300 | $425,000 | $202,948 |
2022+25.2% | — | $395,200 | $425,000 | $314,300 |
2021 | — | $315,700 | $275,000 | $120,200 |
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% ($135K)
$675,000
Luxury property intelligence
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$675,000
Price per sqft
$375/sqft
Vs. East Austin median
-13.5%
$780K median
Days on market
43 days
Original to current
$50K reduction
$725K original
Active inventory context
19 listings
Price Position in East Austin
Listed 13% below the East Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 26, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
1908 E 21st ST Unit #1 and 2 is priced at $375 per square foot across 1,799 sqft. The East Austin median list price is $780,000.
The most recent annual property tax for 1908 E 21st ST Unit #1 and 2 is $13,144. 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 ($135,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1908 E 21st ST Unit #1 and 2 is around $4,598 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $675,000, 1908 E 21st ST Unit #1 and 2 is in the East Austin market where there are currently 16 active listings in 78722. The Keenan Group has completed 1 transactions in 78722 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [East Austin guide](/neighborhoods/east-austin).
1908 E 21st ST Unit #1 and 2 was built in 1935 (91 years ago). Buyers should budget for potential updates to major systems.
1908 E 21st ST Unit #1 and 2 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.
East Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78722 area. The Keenan Group has specialized in East Austin 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)
13 events on record
Current Price
$770,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+19.6% | — | $751,248 | — | $398,187 |
2024-15.1% | — | $627,948 | $425,000 | $301,502 |
2023+87.1% | — | $739,300 | $425,000 | $202,948 |
2022+25.2% | — | $395,200 | $425,000 | $314,300 |
2021 | — | $315,700 | $275,000 | $120,200 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas. East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail. Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million. East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter. The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options. East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas. East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
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