Need More Info?

Crystal Olenbush

512-344-6000
  • 1712 Alleghany Drive

  • $549,900 REDUCED
  • 5 Beds, 4 Bath, 1744 SQ. Feet, 0.23 Acres Residential Austin, TX 78741

Live in one, rent both. This South Austin property generates $6,000/month in gross potential rental income — $2,000/month from the detached ADU and $4,000/month from the main home as a medium-term rental — putting your effective housing cost well below market rent from day one. The main house offers 4 bedrooms and 2 bathrooms with a thoughtfully updated interior, while the 260 SF ADU provides a fully self-contained second income stream on the same lot. Separate entrances keep the units independent and tenant-ready. At $549,900, the numbers pencil: $72,000 in annual gross income at a property priced under $550K is a GRM of 7.6 — strong for Austin's market. Located in the 78741 zip code with quick access to the airport, downtown Austin, Town Lake and the growing South Austin rental demand pool. Whether you owner-occupy the main home and collect ADU income, or run both units as medium-term rentals, the flexibility is built in. This is a turnkey house hack ready to cashflow!

View More Properties in the Austin School District.

Essential Information

  • MLS® #7722386
  • Price$549,900
  • Bedrooms5
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage1,744
  • Acres0.23
  • Year Built1968
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address1712 Alleghany Drive
  • SubdivisionGreenbriar Sec 01
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78741

Amenities

  • ParkingDriveway
  • ViewNeighborhood
  • WaterfrontNone

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Features

Internet Access, Street Lights, Sidewalks, Curbs

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Appliances

Microwave, Refrigerator, Gas Range, Oven, Range Hood, Stainless Steel Appliance(s)

Exterior

  • Exterior FeaturesNo Exterior Steps
  • WindowsBlinds
  • RoofComposition, Shingle
  • ConstructionBrick Veneer
  • FoundationSlab

Lot Description

Front Yard, Back Yard, Few Trees, Interior Lot

School Information

  • DistrictAustin ISD
  • ElementaryLinder
  • MiddleLively
  • HighTravis

Map & Directions

View in Google Maps
Please provide a valid email address.

Price Change History for 1712 Alleghany Drive, Austin, TX (MLS® #7722386)

Date Details Price Change
Price Reduced (from $569,900) $549,900 $20,000 (3.51%)

Property Listed by: Keller Williams Realty

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® (alternatively, from ACTRIS) from June 8th, 2026 at 8:39pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.