1317 Newning Ave, Austin, TX, 78704 - MLS# 7440361

$1,999,500

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Beds 3
Baths 1
Sqft 2,002
Acres 0.27
Property Type Home
Heating Central
Parking Gravel
Year Built 1951
Stories 1
Cooling Central Air
Days on Market 151
Garages 0.00

About 1317 Newning Ave

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.

Location

Legal Description LOT 1-A MICHAELS FAIRVIEW PARK 2
Address 1317 Newning Ave
County Travis
City Austin
Zip Code 78704
Subdivision Michaels Fairview Park 02
School District Austin ISD
MLS Area 6

Size and Restrictions

Acres 0.27
Lot Description Corner Lot, City Lot, Trees Large Size
Horses Allowed No
$/Acre $7,433,086

Improvements

Parking Gravel
Garage Spaces 0.00
Fence Privacy, Wood
Exterior Features Exterior Steps, Private Yard

Features

View None
Water Access None

Utilities

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

Amenities

Area Amenities Playground, Park, Pool

Beds and Baths

Bedrooms 3
Main Level Beds 3
Bathrooms 1 full
Primary on Main Yes

Other Rooms

Kitchen Appliances Dryer, Dishwasher, Exhaust Fan, Electric Oven, Free-Standing Refrigerator, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Washer
Laundry Facilities Inside, Main Level

Heating and Cooling

Heating Central
Air Conditioning Central Air

Interior Features

Flooring Wood
Features Ceiling Fan(s), Main Level Primary, Open Floorplan, Stone Counters
Disability None

Building Information

Square Feet 2,002
Year Built 1951
# of Stories 1
Building Faces East
Construction Wood Siding
Foundation Pillar/Post/Pier
Roof Composition, Metal, Shingle

Property Features

Exterior Features Exterior Steps, Private Yard

Garage and Parking

Garage No
Parking Gravel

Financial

$/Sq Ft $999
$/Acre $7,433,086
Special Conditions CityRestrictions
Documents Available Survey
Disclosures Seller Disclosure

Property Taxes

Appraisal District Travis
Estimated Taxes $21,929
Tax ID 03010209060000
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeKeller Williams Realty
Contact Info(512) 698-1588

Listing Map

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