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.
Basic Property Information
<strong>Dwelling Size - </strong> 2,203 ft2
From Public Records
<strong>Year Built - </strong> 1935
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Pillar/Post/Pier
<strong>Garage - </strong> 0
Gravel
<strong>Roof - </strong> Metal
<strong>Lot Size Acres - </strong> 0.1541
<strong>Waterfront Features - </strong> None
Bedrooms - 5
<strong>Main Level Bedrooms - </strong> 3
<strong>Bathrooms - </strong> 3
<strong>Full - </strong> 3
<strong>Half - </strong> 0
<strong>Living Rooms - </strong> 1
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 1
Wood Burning
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Casis
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin
Home Owners Association
Amenities and Features
Other Features
2 Primary Baths
2 Primary Suites
Built-In Gas Range
Electrical Utility Available
Primary Bedroom on Main
Private Yard
Refrigerator
See Remarks
Utilities
Heating: Central Cooling: Central Air Electricity Connected, Natural Gas Connected
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> North
<strong>Flooring - </strong> Carpet, Tile
<strong>View - </strong> Neighborhood
<strong>Lot Features - </strong> Public Maintained Road
<strong>Sellers Representative - </strong> Compass RE Texas, LLC
(512) 575-3644
<strong>Other Structures - </strong> Outbuilding
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> See Remarks
Walk Score
Based on information from the Austin Board of REALTORS® for the period 10/11/2026 through 10/11/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.