Description
Discover an unparalleled opportunity in the esteemed Travis Heights neighborhood, where exceptional flexibility meets an unbeatable location just moments from South Congress and Downtown Austin. This remarkable 0.27-acre corner lot presents a unique canvas for diverse living arrangements or significant investment potential, featuring three distinct dwelling units thoughtfully updated in 2022. The property encompasses a classic Craftsman-style main home, a charming second residence, and a separate studio unit. Each structure provides immediate functionality and a distinct character, creating an ideal scenario for multi-generational living, lucrative short-term rentals, or consistent long-term income streams. Beyond its current configuration, this expansive lot offers compelling redevelopment prospects, allowing for the construction of a substantial luxury residence exceeding 4,000 square feet in an area renowned for its premium new builds. Residents will relish the unparalleled walkability, enjoying effortless access to South Congress Avenue's vibrant array of dining, cafes, boutiques, and entertainment. Proximity to Stacy Park and Pool ensures leisure and recreation are always within reach, with Lady Bird Lake and major employment centers in Downtown Austin just minutes away. This address represents a rare fusion of location, versatility, and enduring value, catering to investors, multi-generational families, or those aspiring to create a bespoke new home in one of Austin's most coveted zip codes. The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit with 1ba, all thoughtfully updated in 2022.
Details
| MLS # | 7440361 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 141 |
| Listing Provided By | Keller Williams Realty | Lalo Herrera |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,002 |
| Story(s) | 1 |
| Acreage | 0.27 |
| Water Front | Yes |
| Property View | None |
Interior
| Interior Features | Ceiling Fan(s), Stone Counters, Open Floorplan, Primary Bedroom on Main |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, RNGHD, Refrigerator, Free-Standing Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Washer, Water Heater |
| Fireplaces Total | 1 |
| Window Features | Blinds, Drapes |
| Flooring | Wood |
Exterior
| Exterior Features | Exterior Steps, Private Yard |
|---|---|
| Roof | Composition, Metal, Shingle |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | City Lot, Corner Lot, Public Maintained Road, Trees-Large (Over 40 Ft) |
| Patio And Porch Features | Covered, Deck, Patio, Porch, Rear Porch |
| Fencing | Privacy, Wood |
| Construction Materials | Wood Siding |
Parking
| Parking Features | Gravel |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | Electricity Connected, Other, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 21928 |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Michaels Fairview Park 02 |
| School District | Austin ISD |
| Elementary School | Travis Hts |
| High School | Travis |
| Listing VS Median (in Michaels Fairview Park 02) | |
Price: $1,999,500 low | high Med: $1,999,500 sqft: 2,002 low | high Med: 2,002 $ / sqft: $999 low | high Med: $999 On site: 141 low | high Med: 110.5 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 29, 2026 at 7:55:11 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78704 |
| Area | 6 |
| Community Name | Michaels Fairview Park 02 |
| School District | Austin ISD |
| Elementary School | Travis Hts |
| High School | Travis |
| Listing VS Median (in Michaels Fairview Park 02) | |
Price: $1,999,500 low | high Med: $1,999,500 sqft: 2,002 low | high Med: 2,002 $ / sqft: $999 low | high Med: $999 On site: 141 low | high Med: 110.5 | |
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