707 Highland Ave, Austin, TX, 78703 - MLS# 4200393

$1,350,000

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Sqft 3,031
Acres 0.11
Property Type Residential Income
Heating Space Heater
Parking None
Year Built 1930
Stories 1
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Days on Market 267
Garages 0.00

About 707 Highland Ave

Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin. The property features two separate units—each 3 bedrooms and 2 bathrooms—with private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level. The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining. A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor. *THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

Location

Legal Description N 52 FT OF LOT 2 BLK D OLT 3 DIV Z TERRACE PARK
Address 707 Highland Ave
County Travis
City Austin
Zip Code 78703
Subdivision Terrace Park
School District Austin ISD
MLS Area 1B

Size and Restrictions

Acres 0.11
Lot Description Corner Lot, Sloped Down
Horses Allowed No
$/Acre $12,272,727

Improvements

Parking None
Garage Spaces 0.00
Fence None
Exterior Features Balcony, Exterior Steps

Features

View None
Water Access None

Utilities

Water Public
Utilities Electricity Available

Amenities

Area Amenities Park

Beds and Baths

Primary on Main No

Other Rooms

Other Rooms Bedroom
Kitchen Appliances Free-Standing Range, Refrigerator
Laundry Facilities Common Area

Heating and Cooling

Heating Space Heater
Air Conditioning Ceiling Fan(s), Wall/Window Unit(s)

Interior Features

Flooring Concrete, Tile, Wood
Features Built-in Features, Ceiling Fan(s), Granite Counters, Kitchen Island
Disability None

Building Information

Square Feet 3,031
Year Built 1930
# of Stories 1
Building Faces Northwest
Construction Frame
Foundation Slab
Roof Composition

Property Features

Exterior Features Balcony, Exterior Steps

Garage and Parking

Garage No
Parking None

Financial

$/Sq Ft $445
$/Acre $12,272,727
$/Unit $675,000
Special Conditions NoRestrictions
Documents Available See Remarks
Disclosures See Remarks

Property Taxes

Appraisal District Travis
Tax ID 01080307030000
Tax Year 2025

Homeowner Association

Has HOA No
HOA Name N/A

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 633-0864

Listing Map

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