Shelton Willie I Real Estate

Shelton Willie I Real Estate

Welcome to Shelton Willie I, a charming subdivision nestled in the heart of Austin, Texas. Known for its vibrant community spirit and picturesque surroundings, this neighborhood offers a unique blend of suburban tranquility and urban convenience.

Situated in Travis County, Shelton Willie I is just a stone's throw away from the bustling downtown Austin, where you can enjoy a plethora of dining, shopping, and entertainment options. Whether you're in the mood for live music, artisanal markets, or a relaxing day at one of the city's many parks, everything you need is within easy reach.

The subdivision boasts a variety of well-designed homes, each reflecting the warmth and character that Austin is renowned for. With tree-lined streets and beautifully landscaped yards, Shelton Willie I provides an inviting atmosphere for families, young professionals, and retirees alike. The neighborhood is also known for its excellent schools, making it an ideal choice for families looking to settle down.

Outdoor enthusiasts will appreciate the proximity to several parks and recreational areas, perfect for hiking, biking, or simply enjoying the Texas sunshine. Additionally, the community hosts various events throughout the year, fostering a sense of camaraderie among residents.

In Shelton Willie I, you’ll find not just a home, but a lifestyle filled with warmth, community, and the eclectic charm that Austin is famous for. Come explore this delightful subdivision and discover why so many are proud to call it home!

Newest Listings in Shelton Willie I

$1,180,000
5 Beds ⋅ 4 Baths ⋅ 3738812 MLS
Rare income-producing and redevelopment opportunity in highly desirable 78704! Situated on an approximately 8,612 SF (.198-acre) corner lot in a prime Central Austin location, this versatile property features three separate living spaces and approximately $6,600 per month ($79,200 annually) in current gross rental income, offering an exceptional opportunity for an investor, owner-occupant, or builder. The main home, approximately 1,104 SF, offers 2 bedrooms and 2 baths. A separate rear building includes two additional living spaces: an approximately 879 SF upstairs 2-bedroom, 1-bath Unit A, currently leased to long-term tenants, and an approximately 550 SF furnished 1-bedroom, 1-bath garage apartment, Unit B, currently operated as a short-term rental (STR). Both rear units may offer potential for short-term rental use, subject to buyer verification of applicable city regulations, permitting, and requirements. Owner pays utilities. The property offers income from day one with meaningful value-add potential. Unit A has not been updated, creating an opportunity to renovate and potentially increase rental income. Numerous improvements have been completed throughout the property, enhancing its immediate income-producing appeal. For investors, the property can be held as an income-producing property, renovated to maximize rental income, or explored for future redevelopment. The 8,612 SF corner lot may offer potential for three separate residences, subject to buyer verification of zoning, permitting, and development requirements. The flexible layout provides options for maximizing current income and future value. Ideally located just minutes from Downtown Austin, with easy access to South Congress, South Lamar, Lady Bird Lake, restaurants, shopping, and entertainment, this is a rare opportunity to acquire an income-producing property with multiple paths for future upside in one of Austin’s most sought-after neighborhoods.

401 W Live Oak St, Austin

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 751-3022
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