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1406 Summit St

Austin, TX 78741
  • $1,150,000
  • STATUS: Active
  • ID#: 7968644
UPDATED: 42 min ago
$1,150,000
  • 6
    BEDS
  • 0.26
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,292
    SQFT
  • $502
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Caitlin Sullivan of JBGoodwin REALTORS WL: (512) 502-7601.

Description

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 unitsoffering 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 outschedule a tour today and discover all the potential this property has to offer!

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© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2025-01-22T18:00:32.31.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-01-22T18:00:32.31 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.hoydenhomes.com/homes/158104704
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1406 Summit St Austin, TX 78741

  • Price: $1,150,000
  • Status: Active
  • On Site: Days
  • Updated: 42 min ago
  • ID#: 7968644
6
Beds
4
Baths
0
½ Baths
0.26
Acres
2,292
SQFT
$502
$/SQFT
1938
Built
Neighborhood:
Elmhurst
County:
Travis
Area:
Austin
Elementary School:
Travis Hts
Middle School:
Lively
High School:
Travis
School District:
Austin ISD
Property Description
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 unitsoffering 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 outschedule a tour today and discover all the potential this property has to offer!
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces East Exterior Features None Fencing Back YardWood Foundation Details Pillar/Post/PierSlab Garage YN No Levels Two Lot Features Back YardFront YardTrees-Large (Over 40 Ft)Trees-Medium (20 Ft - 40 Ft) Other Structures Guest HouseSee Remarks Parking Features Off Street Patio And Porch Features CoveredRear Porch Roof Shingle View Downtown Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherFree-Standing Gas RangeRefrigeratorWasher/Dryer Cooling Central AirVaries by Unit Fireplaces Total 0 Flooring TileWood Heating CentralVaries by Unit Interior Features Eat-in KitchenMultiple Dining AreasPrimary Bedroom on Main Laundry Location Laundry Room Main Level Bedrooms 5 Num Dining 1 Num Living 1 Num Other Level Beds 1 Rooms Primary Bedroom (Main Level None) Bathroom (Main Level Full Bath) Kitchen (Main Level Kitchn - Breakfast AreaCeiling Fan(s)Eat In Kitchen) Window Features None

Property Features

Accessibility Features None Additional Parcels YN No Association YN No Community Features None Estimated Taxes 12521 Fema Flood Plain No Horse YN No Listing Terms CashConventionalFHAFMHA (Fannie Mae)SBA Type Loan New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type See Remarks Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 9561 Unit Style 1st Floor Entry2nd Floor EntrySee Remarks Utilities Electricity ConnectedNatural Gas ConnectedPhone Available Water Source Public



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2025-01-22T18:00:32.31.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-01-22T18:00:32.31 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Hoyden Homes
16514 Lounsbury Pl
Austin TX, 78717
Property listed by Caitlin Sullivan of JBGoodwin REALTORS WL: (512) 502-7601.