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$295,000 - 603 W Grady Drive, Austin

4
Bedrooms
3
Baths
1,510
SQ. Feet
0.24
Acres

Rare opportunity to make your dream HOUSE/DUPLEX/TRIPLEX Extra Large SF3 Lot. This charming Mid-Century Modern bungalow, currently configured as a single-family residence with an attached duplex (convertible to a triplex), presents a prime opportunity for renovation and investment in Austin's rapidly appreciating North Lamar neighborhood. Situated on a spacious 10,500 sq ft lot zoned SF-3 (which permits single-family homes, duplexes under certain conditions, and accessory dwelling units), the property is located just 10 minutes from downtown Austin and offers excellent proximity to major developments, including The Domain, the new Q2 Soccer Stadium, and the emerging Uptown Austin area. Key Property Features: Approximately 1,510 sq ft of living space 4 bedrooms and 3 bathrooms Open-concept layout with abundant natural light from large windows on nearly every exterior wall Original hardwood floors throughout (except kitchen) Vintage Mid-Century Modern architectural details Tenant in place with flexible lease terms (30 days to one year) Investment and Customization Potential: This property is sold AS-IS and represents an ideal candidate for buyers seeking a renovation project with strong long-term appreciation prospects. The solid structural foundation ("good bones") and generous lot size provide flexibility for: Restoring the home as a spacious single-family residence Converting to a multi-unit configuration (e.g., duplex or triplex) Expanding with additions such as a pool, guest house, garden, or accessory dwelling unit *Perfect for homebuyers or investors seeking a project in a prime location Original Mid-Century Modern Design: *Features original hardwood floors (except in the kitchen), vintage architectural details, and an abundance of natural light with windows on nearly every exterior wall. The area's ongoing growth positions this asset for significant value appreciation, making it attractive for both owner-occupants and investors. Endless Possibilities

Essential Information

  • MLS® #:
    9834842
  • Price:
    $295,000
  • Bedrooms:
    4
  • Bathrooms:
    3.00
  • Full Baths:
    3
  • Square Footage:
    1,510
  • Acres:
    0.24
  • Year Built:
    1949
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    603 W Grady Drive
  • Subdivision:
    Mockingbird Hill Sec 01
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78753

Amenities

  • Utilities:
    Water Connected, Above Ground Utilities, Cable Available, High Speed Internet Available, Natural Gas Connected, Phone Available, Underground Utilities
  • Features:
    None
  • Parking:
    Outside, Side By Side
  • View:
    City
  • Waterfront:
    None

Interior

  • Interior:
    Vinyl, Wood
  • Appliances:
    Electric Range, Free-Standing Electric Oven, Refrigerator
  • Heating:
    None
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Garden, Private Yard
  • Lot Description:
    Trees Medium Size, Back Yard, Landscaped, Native Plants, Near Public Transit
  • Roof:
    Shake, Shingle
  • Construction:
    Frame
  • Foundation:
    Pillar/Post/Pier, Slab

School Information

  • District:
    Austin ISD
  • Elementary:
    Walnut Creek
  • Middle:
    Dobie (Austin ISD)
  • High:
    Navarro Early College

Property Listed by: Joseph Walter Realty, Llc

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 May 4th, 2026 at 12:18pm 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.