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$1,499,999
5 Beds 5 Baths 1478351 MLS
Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities. The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true “rent and live” scenario—live comfortably in the main home while generating income next door, or “rent both” for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system. Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.

1301 Minnie Dr, Austin

Listing courtesy of Hammer Real Estate Company. Contact: (817) 229-3405

$2,800,000
2 Beds 2 Baths 3382972 MLS
New single slip permit, two slips (including existing slip) may be possible, buyer to verify. This property presents an exceptional canvas for a new owner or builder to create their own vision. The existing cabin is offered as-is, with the true value lying in the land. Nestled along a scenic city preserve, this prime location is just half a mile from Lake Austin Spa Resort, adjacent to Lakeland POA Park—perfect for lakeside gatherings—and near Quinlan Park, which features a public boat ramp. Exterior-only showings of the lake cabin. Zoned to Leander ISD schools including River Ridge, Canyon Ridge, and Vandegrift. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. MORE at OnTheLakeRoad.com

13003 On The Lake Rd, Austin

Listing courtesy of Moreland Properties. Contact: (512) 480-0848