Seeing as you’d spend as much on a small bungalow in Hyde Park these days, $915,000 for three-quarters of an acre, two houses totaling 2,858 square feet less than five miles from downtown seems like a pretty good deal.
According to the listing, this property southeast of IH-35 and East Riverside Drive is zoned multifamily, and has two homes as well as an "additional structure," or studio of some sort.
One home is a charming, recently remodeled farmhouse built in 1925, with three bedrooms and two bathrooms, that looks like it might already be set up as a B&B of some sort.
The second home also has three bedrooms and two bathrooms and looks like it’s in good shape. All three structures are gathered around a large courtyard on the fenced property, which also features fruit and pecan trees, drought-tolerant landscaping, and covered deck area with fans. There are automatic gates and separate driveways for each home.