$1,999,500

About this home

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.

Description provided by the listing brokerage.

Facts

Property type

Residential · Single Family Residence

Year built

1951

Lot size

0.27 acres

Living area

2,002 sq ft

Price per sq ft

$999

Bathrooms

1 full, 0 half

Annual taxes

$21,929

County

Travis

Neighborhood

Michaels Fairview Park 02

School district

Austin ISD

Schools

Travis Hts · Lively · Travis

Features

Roof

Composition, Metal, Shingle

View

None

Sewer

Public Sewer

Levels

One

Cooling

Central Air

Fencing

Privacy, Wood

Heating

Central

Flooring

Wood

Utilities

Electricity Connected, Other, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

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

Lot

City Lot, Corner Lot, Public Maintained Road, Trees-Large (Over 40 Ft)

Water

Public

Pool

None

Horse amenities

None

Windows

Blinds, Drapes

Parking

Gravel

Exterior

Exterior Steps, Private Yard

Interior

Ceiling Fan(s), Stone Counters, Open Floorplan, Primary Bedroom on Main

Community

Picnic Area, Playground, Pool

Foundation

Pillar/Post/Pier

Waterfront

None

Energy efficiency

None

Accessibility

None

Construction

Wood Siding

Patio & porch

Covered, Deck, Patio, Porch, Rear Porch

Location