$545,000

1401 Greenwood Ave Austin, TX 78721

$6,472
Closing credit¹
4 beds
2 full, 1 partial
1,600 sqft
0.3 acres
$341 / sqft
House

Property details

About 1401 Greenwood Ave

Charming East Austin Compound | 2 Homes, 1 Lot, Endless Possibility. Welcome to your next move — or your next money-maker. This rare East Austin gem features two separate homes on one lot, perfect for house hacking, investing, or multigenerational living. Front Unit: 2 bed / 1 bath | Fully operating short-term rental with proven income history. Back Unit: 2 bed / 1.5 bath | Live comfortably while the front unit helps pay your mortgage. Tucked into a tree-lined corner of East Austin, this compound offers walkable access to the best of the East Side — from coffee and tacos to parks and nightlife. Just minutes from Mueller, East 6th, and all your favorite neighborhood spots. Whether you’re looking to invest, nest, or both, 1401 Greenwood is the kind of opportunity that rarely comes knocking. Flood insurance is $933/year. Buyer to do their own due diligence.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingMulti Unit(s)
Size1,600 sqft
Lot size0.2686 Acres
Year built1959
ParkingDriveway
MLS #2638120
WaterfrontCreek
ViewCreek/Stream

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Range, Range, Refrigerator, Gas Cooktop, Oven, Range Hood
  • Flooring Type: Vinyl
  • Interior: In-Law Floorplan, Main Level Primary, Multiple Primary Suites, Multiple Closets, Open Floorplan, Storage, Vaulted Ceiling(s)
  • Total Bedroom Count: 4
  • Private Pool: No
  • Parking: Driveway
  • Waterfront: Creek
  • View: Creek/Stream
  • Exterior: Barbecue, Private Yard
  • Heating: Forced Air
  • Cooling: Multi Unit(s)
  • List Price: $545,000
  • Price/SqFt: $340
  • Annual Tax Amount: $9,101
  • Tax Year: 2024
  • Lot: Back Yard, Level, Many Trees
  • Directions: MLK East, RT Airport, LF E 12th, LF Greenwood
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,600 SqFt
  • Lot Size: 0.2686 Acres
  • MLS Number: 2638120
  • MLS Name: ACTRIS
  • Office Name: Open House Austin Group LLC
  • Office Phone: (512) 222-3720
  • Listing Agent: Stephanie Douglass

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/29/2025, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of outbuilding featuring fence

$545,000

1401 Greenwood Ave

$6,472

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$385,672$9,101
2023$432,699$9,101
2022$460,868$9,101
2021$202,177$726
2019$167,088$3,942
2018$151,898$3,057
2017$138,089$2,799

History based on county public records data.

Nearby schools

1

Oak Springs Elementary School

Public District EE-5

0.7 mi

3601 Webberville Rd

5

Ortega Elementary School

Public District EE-5

1.0 mi

1135 Garland Ave

3

Campbell Elementary School

Public District PK-5

1.1 mi

2613 Rogers Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,029. The majority of Austin, TX residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

30%
<35k
57%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
10%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • Forever 21Forever 21
  • Chico'sChico's

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • ToyotaToyota
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1401 Greenwood Ave

The listing price of 1401 Greenwood Ave property is $545,000.

The property 1401 Greenwood Ave is a house located in Austin, Texas, 78721.

Active Listing: 1401 Greenwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1401 Greenwood Ave are: Oak Springs Elementary School (GreatSchools Rating 1/10), Ortega Elementary School (GreatSchools Rating 5/10), Campbell Elementary School (GreatSchools Rating 3/10), Idea Health Professions College Preparatory (GreatSchools Rating 7/10), Kealing Middle School (GreatSchools Rating 6/10), Vista Academy of Austin-Mueller (GreatSchools Rating 2/10), Texans Can Academy - Austin (GreatSchools Rating 1/10), Garza Independence High School (GreatSchools Rating 4/10), International High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $9,101 (source: MLS/based on county public records data).

The property at 1401 Greenwood Ave has 4 bedrooms and 2 full and 1 half bathrooms.

The property 1401 Greenwood Ave is 1,600 SqFt (source: MLS/tax record).

The year of construction for 1401 Greenwood Ave is 1959.

This home is located at 1401 Greenwood Ave in Austin, TX and zip code 78721 in the MLK neighborhood. This 1,600 square foot home, which was built in 1959, sits on a 0.27 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $545,000.

While more than 115 listings in Austin, TX in March 2025 were sold above asking price, there were more than 139 listings sold at asking price, and more than 529 were sold below. Between February and March 2025, Austin, TX real estate market has seen increase in the number of listings by 28.6%. Listings spent 67 days on the market in March 2025, and had a median list price of $577,151 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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