1137 Richardine Ave is a perfectly placed East Austin charmer with a secret advantage: a completely separate converted suite that’s been successfully used as an Airbnb. The main home offers two bedrooms and one full bathroom across roughly 800 square feet, sitting on a generous lot in the heart of 78721. Inside, the layout is simple, efficient, and easy to maintain, with natural light and a comfortable flow that fits first-time buyers, downsizers, or anyone wanting a low-maintenance footprint in one of Austin’s most dynamic neighborhoods. Behind the main home sits the real bonus—a detached guest suite with its own private entrance and full bathroom. Fully separated from the house, it’s ideal for short-term rentals, traveling nurses, long-term guests, or a private studio or workspace. Historically, the back unit has generated $1,500–$2,200 per month in Airbnb income, while the front house has rented for $2,400–$2,800 per month. Together, the property has produced approximately $4,400 per month, or $53,000 annually, with potential to further optimize returns. Fully paid-off solar panels add another layer of value by helping keep ongoing utility costs low. Furniture negotiable. The location adds even more value, with quick access to Mueller, Springdale General, Downtown, and nearby parks and trails. Whether someone wants a flexible living setup, a mortgage-offsetting rental, or a smart long-term hold in East Austin, this property delivers the kind of versatility and cash flow potential that’s hard to find at this price point.
Based on information submitted to the MLS GRID as of 2026-01-07 16:04:58 UTC. 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.
The information being provided is 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. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
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Listing Agent: Eleanore Bacon (#805648), Phone: (512) 222-3720
Listing Office: Open House Austin Group LLC (#703205)
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