1148 Gunter St # A & B, Austin, TX 78721

Tremendous price drop, motivated sellers! 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.