827 Gullett St, Austin, TX 78702

Two renovated detached homes on ONE Lot at the end of a cul-de-sac. - www.827Gullett.com - Welcome to a truly unique offering in East Austin! This exceptional property offers unmatched flexibility for an owner-occupier, investor, or family looking for a multiple living areas. Enjoy the rare combination of a highly walkable, central location with the unexpected tranquility of being situated next to a quiet creek. This location is incredibly quiet yet minutes from everything! The front single level 720sf house was completely renovated in 2024 (see upgrades list) and features 2 bedrooms, 1 bath, a spacious open living room with abundant natural light, a full primary bath, and a large utility room. A nearly fully renovated home with new flooring, new kitchen, bath, HVAC (replaced in 2023), new roof (replaced in 2024), water heater (2020), new electrical, and a Nest thermostat system. Currently, this home is generating $2,350 per month in rental income with lease up in March! The second, 680sf back house just finished its own renovation in fall 2025 and offers 2 bedrooms, 1 full bath, a utility room, and a combined dining/living area making it perfect for rental income or a private guest quarters. There is no tenant in the back house currently. The lot itself is exceptional perched high above Boggy Creek giving the entire property unprecedented privacy and tons of space for expansive gardens, hammock, a cowboy pol, a firepit or even an airstream for additional income! Plus, this location is mere minutes from Downtown Austin, the airport (less than 10 minutes!), and all the renowned dining, entertainment, and cultural hot spots that make 78702 such a wonderful place to live. **Property in 500 yr floodplain, but insurance broker confirmed flood insurance is not required. See documents section. Current owner has never been required to carry flood insurance.