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1406 Summit ST, Austin, TX 78741

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For Sale

$1,150,000

6 beds • 4 baths • 2,292 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $501.75
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 7968644

Courtesy Of JBGoodwin REALTORS®

(512) 502-7804

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Dryer, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Floor Covering
    Tile, Wood
  • Heating System
    Central Furnace
  • Lot Size
    0.26 Acres
  • Rooms
    Kitchen

Map and Directions

Directions to 1406 Summit ST, Austin, TX 78741

Home seller CENTURY 21 Integra

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Integra

(800) 844-7653
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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