$750,000

About this home

Historic East Austin Compound with Built-In Multi-Stream Income in a Prime Location! Unbeatably situated at 920 Shady Ln in the heart of East Austin’s booming Govalle neighborhood, this rare multi-unit investment compound puts you right in the center of iconic local culture and located just minutes from Downtown Austin with effortless access to both North and South routes. Everyday convenience meets local flavor right outside your doorstep: walk directly across the street to Dan’s Hamburgers for legendary morning breakfast tacos, or take a short evening stroll down the block to Hi Sign Brewing. Sitting on a generous lot under a majestic canopy of nut-bearing pecan trees, the main 4-bedroom, 2-bathroom "Blue House" radiates vintage charm with original hardwood floors, built-ins and natural light, featuring a private two-room suite with a full bath that is already plumbed to add a kitchen, allows you to easily convert the main home into a duplex. Tucked privately behind sits the refreshed "Green House," a fully independent 2-bedroom, 1-bathroom home complete with a newer roof, remodeled bath, and ultra-efficient mini-splits, providing immediate rental income. The high-yield potential continues in the backyard mini-forest, which boasts two RV/trailer hookups with dedicated sewer clean-outs and a 500 sq ft workshop ready to be utilized as a creative studio or converted into a third living unit/ADU. Complete with a cozy campfire pit and sprawling outdoor space for hosting, 920 Shady Ln gives you the ultimate combination of prime East Austin location, rich character, and multi-stream income security.

Description provided by the listing brokerage.

Facts

Property type

Residential · Single Family Residence

Year built

1937

Lot size

0.72 acres

Living area

2,774 sq ft

Price per sq ft

$270

Bathrooms

3 full, 0 half

Annual taxes

$14,575

County

Travis

Neighborhood

Shady Lane Add

School district

Austin ISD

Schools

Govalle · Kealing · Eastside Early College

Features

Roof

Metal, Shingle

View

Neighborhood, Trees/Woods

Sewer

Public Sewer

Levels

One

Cooling

Central Air, Wall/Window Unit(s)

Fencing

Partial, Wood

Heating

Central

Flooring

Tile, Wood

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Appliances

Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater

Lot

Level, Trees-Large (Over 40 Ft), Many Trees

Water

Public

Pool

None

Horse amenities

None

Windows

Blinds

Parking

Driveway, Outside

Exterior

See Remarks

Interior

Two Primary Baths, Two Primary Suties, Bookcases, Built-in Features, Ceiling Fan(s), Tile Counters, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main

Community

Sidewalks

Fireplace

None

Foundation

Pillar/Post/Pier

Waterfront

Creek

Energy efficiency

None

Accessibility

None

Construction

Frame, Wood Siding

Patio & porch

Front Porch, Porch, Rear Porch

Location