1148 Gunter ST #A & B Austin, TX 78721 Price Dropped by $75K

UPDATED: 12/11/2025 12:45 PM ON MARKET: 135 days on market

$650,000

4 Beds3.5 Baths2,004 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $324

Subdivision Division A

MLS Listing ID 8903462

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1938

Annual Tax Amount $5,231

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Source actris

Property Description

Nestled in the heart of vibrant East Austin, this iconic 1938 home effortlessly blends historic character with modern updates. Situated on a generous 0.23-acre lot, the main house features reclaimed cedar and beadboard detailing, showcasing timeless craftsmanship throughout. With two spacious bedrooms and two full bathrooms - including a vintage clawfoot tub and a modern walk-in shower - this home has been thoughtfully upgraded with new PEX plumbing, energy efficient windows and updated electrical, preserving its historic soul while delivering modern comfort and peace of mind.
A detached garage apartment with a flexible studio space below adds incredible versatility. With a new roof, updated systems, and abundant potential, this secondary structure opens the door to multiple living options. Upstairs, the garage apartment boasts original hardwood floors, a full kitchen, and ample natural light - ideal as a guest suite or long-term rental. Downstairs, the flex space includes a kitchenette and half bath, perfect for an artist's studio, yoga room, home office, or easily convertible into a third income-producing unit.
Surrounded by native landscaping and secured behind a privacy fence, the oversized lot offers rare potential for expansion - ADUs, tiny homes, or even a pool. An EV charger is already installed, and the property is move-in ready for multi-generational living, homesteading, or investment.
Whether you're looking to live, create, rent, or expand, this East Austin treasure delivers an unbeatable blend of location, character, and future potential.