855.375.4001
Listing Courtesy of: Caitlin Sullivan - JBGoodwin REALTORS WL 512-502-7601
$1,150,000 affordable loan icon Calculate Payment

1406 Summit St Austin, TX 78741

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Other Residence
6 Beds
4 Baths
... Bed/Bath
2,292 Sq. Ft.

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Last updated on 1/31/2025 9:33 AM
Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin! ALL FURNITURE CONVEYS! 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! Continue reading
MLS#
7968644
Property Type
Other
Bedrooms
6
Bathrooms
4 Full
Year Built
1938
Square Feet
2,292 sq. ft
Lot Size
0.26
Stories
2.0
Sewer
Public Sewer

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Listing Courtesy of: Caitlin Sullivan - JBGoodwin REALTORS WL 512-502-7601
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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