2301 W 10th St, Austin, TX 78703

Classic Deep Eddy / Tarrytown Opportunity – Major Price Improvement!Now offered at $995,000 (previously $1,250,000), this property presents an extraordinary value repositioning in one of Austin’s most established and sought-after pockets. Tucked into the Deep Eddy section of Tarrytown—an area known for its quiet streets, mature trees, and enduring appeal—this 1934 bungalow blends timeless character with meaningful modern updates. Currently configured as two separate units, the home produces strong rental income, making it ideal for investors or buyers seeking flexible living options. Both units feature major upgrades, including a new HVAC system, new plumbing, and fresh exterior paint. Unit B has been further enhanced with a new living room picture window, refrigerator, stove, and a Tuff Shed. Whether maintained as an income-producing asset or thoughtfully restored into a single-family residence, this sub-$1M price point opens up a rare chance to own a piece of classic Central Austin where opportunities are few and far between.

Built in 1935, this 2,203 square foot home at 2301 W 10th St represents exactly what thoughtful historic preservation looks like in Austin's most coveted Deep Eddy pocket. The property sits in the Tarrytown neighborhood within the Austin ISD boundaries, zoned for Casis Elementary, O Henry Middle, and Austin High School. At $1.25M ($567 per square foot), this represents significant value for a fully restored classic in Tarrytown.

The original 1935 bungalow structure remains the foundation of everything here. Period details and architectural bones that define Deep Eddy homes have been preserved, honoring the character that makes this neighborhood instantly recognizable across Austin. The wood siding exterior has been refreshed with new paint while maintaining authentic proportions and lines. Inside, the home flows naturally across tile and carpet flooring, with the primary bedroom positioned on the main level - a practical nod to how people actually live today, without retrofitting modern layouts into a historic shell.

Modern systems run quietly beneath the surface where they belong. New plumbing and HVAC have been installed throughout, replacing aging infrastructure that would have demanded costly repairs. The kitchen includes a built-in gas range and refrigerator, combining functionality with the efficiency any household needs. Two primary bathrooms and two primary suites provide the flexibility many families now require. A covered outdoor living space extends usable square footage while respecting the property's footprint on the 0.1541 acre lot.

The property currently operates as two separate units, demonstrating its income potential for investors. Unit B features a new living room picture window that captures natural light, while practical storage via a Tuff Shed provides the kind of solutions that matter in close-quarter living. This configuration has generated strong rental returns - relevant if ownership continues this path, or easily consolidated back into single-family use.

Location transcends the property itself. W 10th St in Tarrytown places you steps from Deep Eddy Pool, minutes from Congress Avenue's restaurants and shops, and within the quiet tree-lined streets that have drawn Austin residents for nearly a century. The neighborhood's established character and restrictive deed protections ensure that what surrounds your home stays consistent. Days on market at just six indicates the market recognizes this: a restored 1935 home in Deep Eddy, move-in ready, in a location where opportunities surface rarely.

Tarrytown is a historic Central Austin neighborhood in 78703, five minutes from downtown and bordered by Lake Austin to the west. Median home price $1.95M. Austin ISD schools - Casis Elementary, O. Henry Middle, Austin High - and walkability to Deep Eddy Pool, Lady Bird Lake, and Mayfield Park.

The housing stock spans nine decades. Original 1930s-60s colonials, Tudors, and ranch homes sit alongside new construction and gut renovations on lots ranging from 0.15 to 0.3 acres. Lakefront properties on Scenic Drive and streets near Lake Austin command $4M-$15M+. The neighborhood's character has been protected by an engaged neighborhood association and the McMansion Ordinance, which limits building scale.

Daily life here runs on the water and the schools. Morning laps at Deep Eddy Pool (68-degree spring-fed water year-round), school drop-off at Casis, coffee at Tarrytown Pharmacy or Summer Moon, dinner at Jeffrey's or Josephine House without leaving the neighborhood. The Contemporary at Laguna Gloria and Lions Municipal Golf Course are a walk or short bike ride away.

What makes Tarrytown distinct from other luxury Austin neighborhoods: genuine walkability, a 90-year-old neighborhood identity, and Central Austin access that Westlake and Barton Creek cannot match. The tradeoff is Austin ISD instead of Eanes, and smaller lots than you'd find west of MoPac.