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Ginger Brown

ginger@purerealty.com +1(512) 761-1320

$1,180,000

Est. payment - /mo

5 Beds

4 Baths

2,533 SqFt

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Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 2,533 sqft

Price per Sqft $465

Subdivision Shelton Willie I

MLS Listing ID 3738812

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1954

Annual Tax Amount $14,686

Tax Year 2026

Lot Size 8,611 Sqft

Acres 0.1977

Property Sub-Type See Remarks

Source actris

Property Description

Rare opportunity in highly desirable 78704! Situated on an approximately 8,612 SF (.198-acre) corner lot in a prime Central Austin location, this single-family home offers a versatile layout with a separate guest house — ideal for multigenerational living, a home office/studio setup, or generating rental income to offset your mortgage.

The main home, approximately 1,104 SF, offers 2 bedrooms and 2 baths. Behind it, a separate guest house features two private living quarters, each with its own entrance and gated yard access:

Upper Guest Quarters: approximately 879 SF, 2 bedrooms, 1 bath, with a large screened-in porch — currently leased to long-term tenants
Lower Guest Quarters: approximately 550 SF, 1 bedroom, 1 bath, fully furnished — currently operated as a short-term rental

Together, the property currently generates approximately $6,600/month ($79,200 annually) in gross rental income — offering flexibility for an owner-occupant to live in the main home while offsetting costs with the guest house, or to continue the property's income-producing use. Both guest units may offer continued rental potential, subject to buyer verification of applicable city regulations and permitting. Owner pays utilities.

Numerous improvements have been completed throughout the property, and the upper guest quarters offer additional opportunity for updating to personal taste.

Ideally located just minutes from Downtown Austin, with easy access to South Congress, South Lamar, Lady Bird Lake, restaurants, shopping, and entertainment — this is a rare chance to own a flexible, income-supported property in one of Austin's most sought-after neighborhoods. The 8,612 SF corner lot may also offer future redevelopment potential, subject to buyer verification of zoning and permitting.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 3

Interior

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater

Exterior

Fence Block, Wood

Community Features None

Utilities Available Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description None

View None

Roof Type Membrane,Shingle

Porch Covered, Porch, Screened, Side Porch

Total Parking Spaces 7

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Front Yard, Level

Foundation Slab

Level or Stories One

Structure Type HardiPlank Type,Stone

New Construction No

Schools

Elementary Schools Travis Hts

Middle Schools Lively

High Schools Travis

School District Austin Isd

Others

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC

NEARBY SCHOOL & BUSINESS

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Ginger Brown

+1(512) 761-1320

Agent License ID: 746657

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401 W Live Oak ST Austin, TX 78704

Ginger Brown

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION