1317 Newning Ave, Austin, TX 78704

$1,999,500
3
BD
1
BA
2,002
SqFt

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List Price
$1,999,500
Status
ACTIVE
Days on Market
112
Price Change
▼ $500 1781814458
MLS#
7440361
Subtype
Residential
Year Built
1951
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
2,002
Lot Size
11,717
Acres
0.27
Subdivision
Michaels Fairview Park 02
Neighborhood
Michaels Fairview Park 02
MLS Area Major
Austin - South

Property Description

Discover an unparalleled opportunity in the esteemed Travis Heights neighborhood, where exceptional flexibility meets an unbeatable location just moments from South Congress and Downtown Austin. This remarkable 0.27-acre corner lot presents a unique canvas for diverse living arrangements or significant investment potential, featuring three distinct dwelling units thoughtfully updated in 2022. The property encompasses a classic Craftsman-style main home, a charming second residence, and a separate studio unit. Each structure provides immediate functionality and a distinct character, creating an ideal scenario for multi-generational living, lucrative short-term rentals, or consistent long-term income streams. Beyond its current configuration, this expansive lot offers compelling redevelopment prospects, allowing for the construction of a substantial luxury residence exceeding 4,000 square feet in an area renowned for its premium new builds. Residents will relish the unparalleled walkability, enjoying effortless access to South Congress Avenue's vibrant array of dining, cafes, boutiques, and entertainment. Proximity to Stacy Park and Pool ensures leisure and recreation are always within reach, with Lady Bird Lake and major employment centers in Downtown Austin just minutes away. This address represents a rare fusion of location, versatility, and enduring value, catering to investors, multi-generational families, or those aspiring to create a bespoke new home in one of Austin's most coveted zip codes. The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit with 1ba, all thoughtfully updated in 2022.

Additional Information

Amenities
Ceiling Fan(s), Stone Counters, Open Floorplan, Primary Bedroom on Main
Interior Features
Ceiling Fan(s), Stone Counters, Open Floorplan, Primary Bedroom on Main
Exterior Features
Exterior Steps, Private Yard
Taxes
$21,928
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, RNGHD, Refrigerator, Free-Standing Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Washer, Water Heater
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Siding
Stories
1
Levels
One
Roof
Composition, Metal, Shingle
School District
Austin ISD
Elementary School
Travis Hts
Middle School
Lively
High School
Travis
View
No View

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: (512) 698-1588

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