Active Under Contract

1406 Summit Street

Austin, TX 78741
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Bed 6

Bed

Bath 4

Bath

SqFt2,292

Sqft

Acres0.26

Acre(Lot)

Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin! 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. Currently leased t hrough July 2026. -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 rentals, 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!

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Detail Ic Property Details

Property Type : Residential

Price : $899,000

AD Id : 74737064

MLS Id : 8884899

Beds : 6

Lot Size : 0.26 Acre

Living Area Size : 2,292

Year Built : 1938

County : Travis

Subdivision: Elmhurst

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Roofing Information

    Shingle

    Flooring Information

    Tile, Wood
  • Interior Features

    SeparateFormalDiningRoom, EatInKitchen, MultipleDiningAreas, MainLevelPrimary
    Roof: Shingle
    Appliances: Dryer, Dishwasher, FreeStandingGasRange, Refrigerator, Washer
    Laundry Features: LaundryRoom
  • Heating & Cooling

    Heating: Central, VariesByUnit Has Cooling: Yes

  • Building Information

    Year Built: 1938
    Construction Materials: Masonry, WoodSiding
    Stories: 2
    Pool Features: None
    Private Pool: No
    Water front Features: None
    View: City
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.26 Lot Size Acres: 0.26 Lot Description: BackYard,FrontYard,TreesLargeSize,TreesMediumSize

    Property Information

    Subdivision: Elmhurst Source Property Type: Residential Property SubType: Other Direction Faces: East Levels: Two Property Age: 88

  • Listing Price Information

    Listing Price: $899000
    Cash, Conventional

  • Tax Information

    Parcel Number: 03030505050000 Tax Lot: 1-2 Tax Year: 2021 Annual Tax: $9561 Tax Legal Desc: N 66 FT X 160 FT AV OF LOT 1-2 LESS NE 5X52.6' LT 1 + S8.39X47.75'&7.66X18.11' OF LOT 5-6 ELMHURST

  • School Information

    Elementary School: Travis Hts Junior High School: Lively Senior High School: Travis
  • Utility Information

    ElectricityConnected, NaturalGasConnected, PhoneAvailable
  • Location Information

    Direction: From Riverside heading East from I35, take a right on Summit. Or exit I35 on Woodland, head east and left on Summit WaterSource: Public
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Nearby Home Value

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913 Valdez Street #A, Austin, TX, 78741 $475,000 3 3 1,498 1,498 SqFt
913 Valdez Street, Austin, TX, 78741 $834,000 5 6 2,602 2,602 SqFt
516 Montopolis Drive, Austin, TX, 78741 $300,000 2 2 1,539 1,539 SqFt
6809 Porter Street #2, Austin, TX, 78741 $465,000 2 3 1,300 1,300 SqFt
6809 Porter Street #1, Austin, TX, 78741 $565,000 4 3 1,800 1,800 SqFt
1104 Vasquez Street, Austin, TX, 78741 $215,000 2 2 1,093 1,093 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/05/2026 @ 11:50

MLS: 8884899 LISTED BY: Caitlin Sullivan, JBGoodwin REALTORS WL 512-502-7601 SOURCE: ACTRIS

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