707 Highland Avenue
Austin, TX 78703
$1,399,000
3,031 sqft
beds
baths
Description
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
Schools
| School Name | Grades | Admission |
|---|---|---|
| Unassigned | EE - EE | Regular |
| Austin High School | 9 - 12 | Regular |
| O. Henry Middle School | 6 - 8 | Regular |
| Matthews Elementary School | PK - 6 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.