Terrace Park Real Estate

Terrace Park Real Estate

Welcome to Terrace Park, a charming subdivision nestled in the heart of Austin, Texas. This vibrant community offers a perfect blend of modern amenities and natural beauty, making it an ideal place to call home.

Located in Travis County, Terrace Park provides residents with easy access to all the conveniences of city living while still maintaining a sense of peaceful seclusion. The neighborhood is known for its well-manicured streets, lush green spaces, and friendly atmosphere, creating a welcoming environment for families, young professionals, and retirees alike.

Residents of Terrace Park enjoy a variety of local amenities, including nearby parks, shopping centers, and top-rated schools. With its convenient location just a short drive from downtown Austin, homeowners have quick access to the city's eclectic mix of restaurants, shops, and entertainment options.

Whether you're looking to settle down and raise a family or seeking a peaceful retreat from the hustle and bustle of city life, Terrace Park offers the perfect balance of comfort and convenience. Come explore all that this wonderful community has to offer and discover why so many people are proud to call Terrace Park home.

Newest Listings in Terrace Park

$1,399,000
4200393 MLS
Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin. The property features two separate units—each 3 bedrooms and 2 bathrooms—with private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level. The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining. A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor. *THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

707 Highland Ave, Austin

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 633-0864

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