1406 Summit ST, Austin, TX 78741 (MLS # 7968644)

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PRICE $1,150,000 dsIDX morgage calculator
BEDS 6
BATHS 4
HOME SIZE 2,292 sqft
LOT SIZE 11,326 sqft

Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin! This unique property combines a spacious main house with two income-generating accessory dwelling units (ADUs), located just minutes from downtown Austin and Lady Bird Lake. Whether you're looking to live in the main house and generate rental income or host guests, this property offers great flexibility and the opportunity to offset mortgage costs significantly. Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently short-term rentals with top ratings (4.8+), providing a steady stream of income. -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units"”offering long-term growth potential. Set on an 11,325 sq ft lot, this property offers the perfect balance of immediate comfort and future possibilities. Live in the main house while enjoying reliable rental income from the ADUs, or explore the potential for expansion in Austin's rapidly growing market. Whether you're an owner-occupant or looking to maximize rental income, this property provides the best of both worlds. Don't miss out"”schedule a tour today and discover all the potential this property has to offer!

LAST UPDATED 11/21/2024 TRACT Elmhurst
YEAR BUILT 1938 COMMUNITY Elmhurst
COUNTY Travis STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Travis Hts
Jr. High School Lively
High School Travis


ADDITIONAL DETAILS
AIR Central Air, Varies by Unit
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Free-Standing Gas Range, Refrigerator, Washer/Dryer
AREA 9
CONSTRUCTION Wood Siding
EXTERIOR None
HEAT Central, Varies by Unit
INTERIOR Eat-in Kitchen, Master Downstairs
LOT 0.26 acre(s)
LOT DESCRIPTION Back Yard, Front Yard
PARKING Off Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE 1st Floor Entry, 2nd Floor Entry, See Remarks
SUBDIVISION Elmhurst
TAXES 9561
UTILITIES Electricity Connected, Natural Gas Connected, Phone Available
VIEW Yes
VIEW DESCRIPTION Downtown
WATER Public
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CONTACT US ABOUT 1406 SUMMIT ST
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Property listed by Caitlin Sullivan, JBGoodwin REALTORS WL
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 11/22/24 2:47 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2024.

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