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- (512) 555-1212
Austin, TX 78704
Introducing a rare opportunity to own three separate homes on a double lot in the highly sought-after Travis Heights neighborhood. Situated on a unique 0.269 acre, 11,718 sqft corner parcel, this property is a fantastic investment opportunity. The lot alone supports the list price, and it has the potential to accommodate around 4687+/- sqft new build home with a finished value of over $5M (buyer to verify). There are downtown views from a second story But don't let the potential overshadow the existing homes, as they are not teardowns. Built in 1917, the primary house 1317 Newning is a charming 3-bedroom, 1-bathroom craftsman-style classic with 1137 sqft of living space. Next door, you'll find 1315 Newning, a cozy 2-bedroom, 1-bathroom house with 832 sqft. Additionally, there is a third cottage located behind 1317 with a private yard and entrance. The location of this property is ideal, as it is within walking distance to SoCo, allowing you to enjoy all the popular attractions like Jo's Coffee, Aba, and Perla's, while still being far enough to avoid the traffic and parking issues. Stacy Park/Pool is also just a short walk away, providing a convenient outdoor space for recreation. And if you need to venture downtown, it's just minutes away. All units are in good, non-updated condition and are livable as-is. However, the large corner lot size presents a compelling redevelopment opportunity or an owner-occupant remodel/rebuild with rental income opportunities. Whether you're an investor looking for a profitable venture or a homeowner seeking to create your dream home, this property offers endless possibilities. Don't miss out on this fantastic opportunity in Travis Heights!
Listed by van Heuven Properties
| MLS ID | ACT6384514 | |
| Status | Active | |
| Days Active | 1006 | |
| Est. Tax | $12,697 | |
| Lot Size | 0.27 | |
| Year Built | 1951 | |
| Total Bedrooms | 3 | |
| 1st Floor Bedrooms | 3 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Square Feet | 2,002 | |
| Price Per SqFt | $924.08 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | Bedroom | |
| Flooring | No Carpet, Tile, Wood | |
| Stories | One | |
| Pool | No | |
| Courtesy of | van Heuven Properties (512) 480-8944 | |
| Subdivision | Michaels Fairview Park 02 | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | Asbestos Shingle, Metal, Shingle | |
| Construction | Frame, Wood Siding | |
| Foundation | Pillar/Post/Pier | |
| Fencing | Full, Privacy, Wood | |
| Elementary School | Travis Hts |
| Middle School | Lively |
| High School | Travis |
| Appliances | Water Heater | |
| Heating | Central, Natural Gas | |
| Cooling | Ceiling Fan(s) | |
| Exterior Features | Exterior Steps, Private Yard | |
| Lot Features | Back Yard, Corner Lot, Front Yard, Public Maintained Road, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft) | |
| Community Features | Playground, Pool, Walk/Bike/Hike/Jog Trail(s | |
| Patio Features | Deck, Front Porch, Patio, Rear Porch | |
| Structures | Guest House, See Remarks | |
| Interior Features | Breakfast Bar, Ceiling Fan(s), Tile Counters, Electric Dryer Hookup, No Interior Steps, Primary Bedroom on Main, Washer Hookup, See Remarks | |
| Courtesy of | van Heuven Properties(512) 480-8944 | |
| Fencing Features | Full, Privacy, Wood | |
| Parking Features | Off Street, Outside | |
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