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$475,000
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Property Description
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.
Full Property Details
Full Property Details for 1137 Richardine Ave
General
- Price: $475,000
- Taxes: $6,938 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 3256336
- Updated: 1/7/2026
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Main Level Primary
- Fireplace(s): None
- Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Free-Standing Range, Gas Range, Microwave, Oven, Refrigerator, Washer
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Closet, Main Level, Stacked
Additional Information
- Shared Amenities: None
- Spa Description: None
- Security/Safety: Security System Owned, Fire Alarm
Exterior
- Exterior Features: Exterior Steps, Private Yard
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 2
- Parking Features: Off Street
Location
- Area: 5
- County: Travis
- Subdivision: Brooksdale
- Driving Directions: IH-35 to Airport, East on Airport, Left at Oak Springs, Left at Springdale, Right on Ledesma, Right on Richardine
- Direction Faces: West
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Ortega
- Middle School: Martin
- High School: Eastside Early College
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Composition
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 1,025
- Sq. Ft. Source: Appraiser
- Living Area: 1,025 Sq. Ft.
- Year Built: 1986
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.141
- Lot Size (Sq. Ft.): 6,141.96
- Lot Dimensions: 57 x 110
- Fence: Yes
- Lot Features: Level, Moderate Trees, Many Trees, Trees Small Size
- Fencing (Description): Fenced, Privacy, Wood
Green Features
- Energy Efficient: Materials
- Energy Generation: Solar
Financial Considerations
- Assessment Amount: $350,127
- Tax Amount: $6,938.87
- Tax Year: 2025
- Terms: Buyer Assistance Programs, Cash, Conventional, FHA, Fannie Mae, Lender Approval, Texas Vet, VA Loan, Zero Down
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Appraisal, See Remarks
- Legal Description: Lot 21 Blk 4 Brooksdale
- Disclosures/Reports: Seller Disclosure
- Property ID: 2072003250000
- Block: 4
- Lot Number: 21
Listed by Open House Austin Group LLC
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Schools
Schools serving 1137 Richardine Ave
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Ortega Elementary School 1135 Garland Avenue, Austin, TX 78721 | K-5 | 0.1 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 2.9 mi |
Eastside Memorial High School 900 Thompson Street, Austin, TX 78702 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1137 Richardine Ave
Date
Details
Price
Change
Source
11/17/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1137 Richardine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,836
—
$350,127
9%
2024
$4,836
-51%
$322,492
-35%
2022
$9,920
—
$492,355
-2%
2022
$9,920
70%
$502,297
63%
2021
$5,826
-7%
$308,741
10%
2020
$6,250
4%
$280,674
—
2020
$6,020
5%
$280,674
7%
2018
$5,750
29%
$261,769
15%
2016
$4,472
-12%
$227,354
13%
2017
$5,070
29%
$200,530
17%
2015
$3,943
26%
$171,708
21%
2013
$3,119
—
$142,338
12%
2013
$3,119
—
$126,621
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1137 Richardine Ave
1137 Richardine Avenue, Austin, TX 78721 (MLS# 3256336) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1137 Richardine Avenue is currently listed for $475,000 and was received on November 17, 2025. Want to learn more about 1137 Richardine Avenue? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

