Accessory Dwelling Unit Houshack in Austin Tx

[Joseph Weisenbloom]

It appears the only way to make a househack work in Austin is to build an Accessory Dwelling Unit in the backyard. Prices are very high for anything with 4 miles of downtown. 

I'm thinking buy a rundown house in east Austin rehab it and add an ADU to the back. This should create enough rent to cover the mortgage and still be a viable investment once I move out. Maybe section the ADU off and sell it under condo regime.

Has anyone else out there done this?

Any experience with ADUs and the city of Austin?

[Joseph Weisenbloom]

@Jacob Pereira @Christian Ruiz @Charlie Chung @John Arendsen

I have an update for this forum. I just purchased a 4bd/2ba fixer upper in east austin with a backyard large enough for a second unit. I plan on renting out the individual rooms and ADU in the back. We just started the rehab today. If all of my projections are correct this will be a very successful house hack. I will keep the forum updated.