1406 Summit Street

Austin, TX 78741

  • 6 Bed(s)
  • 4 Bath(s)
  • 2,292 Sqft
  • 0.26
    Acre(Lot)
$1,150,000

Description

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!

  • Property Type

    Residential
  • Subdivision

    Elmhurst
  • County

    Travis
  • Style

    Residential
  • AD ID

    47740141

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Property Details

  • Bedroom Information

    • Total Bedrooms : 6

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Room Information

    • 2292
    • Total Rooms: 6

    Interior Features

    • Roof : Shingle
    • Exterior Property Features : None
    • Interior Features: Separate/Formal Dining Room,Eat-in Kitchen,Multiple Dining Areas,Main Level Primary
    • Property Appliances: Dryer,Dishwasher,Free-Standing Gas Range,Refrigerator,Washer
    • No. of Fireplace: 0
  • Building Information

    • Year Built: 1938
    • Construction: Masonry,Wood Siding
    • Roof: Shingle

    Exterior Features

    • None
  • Lot Information

    • Lot Dimensions: Back Yard,Front Yard,Trees Large Size,Trees Medium Size

    Property Information

    • SQ ft: 2,292
    • Subdivision: Elmhurst
  • Listing Price Information

    • Original List Price: $1,150,000
  • Tax Information

    • Parcel Number: 03030505050000
  • School Information

    • Elementary School: Travis Hts
    • Middle/Junior High School: Lively
    • Senior High School: Travis
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The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.

BuyOwner last updated this listing 11/23/2024 @ 09:32

  • MLS: 7968644
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: ACTRIS

is a Home, with 6 bedrooms which is for sale, it has 2,292 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Austin , in zip code 78741, this Travis County Home , it is in the Elmhurst Subdivision, and are nearby neighborhoods.