In-Person: 08/29 2:00 PM - 4:00 PM
Description
Historic East Austin Compound with Built-In Multi-Stream Income in a Prime Location! Unbeatably situated at 920 Shady Ln in the heart of East Austin’s booming Govalle neighborhood, this rare multi-unit investment compound puts you right in the center of iconic local culture and located just minutes from Downtown Austin with effortless access to both North and South routes. Everyday convenience meets local flavor right outside your doorstep: walk directly across the street to Dan’s Hamburgers for legendary morning breakfast tacos, or take a short evening stroll down the block to Hi Sign Brewing. Sitting on a generous lot under a majestic canopy of nut-bearing pecan trees, the main 4-bedroom, 2-bathroom "Blue House" radiates vintage charm with original hardwood floors, built-ins and natural light, featuring a private two-room suite with a full bath that is already plumbed to add a kitchen, allows you to easily convert the main home into a duplex. Tucked privately behind sits the refreshed "Green House," a fully independent 2-bedroom, 1-bathroom home complete with a newer roof, remodeled bath, and ultra-efficient mini-splits, providing immediate rental income. The high-yield potential continues in the backyard mini-forest, which boasts two RV/trailer hookups with dedicated sewer clean-outs and a 500 sq ft workshop ready to be utilized as a creative studio or converted into a third living unit/ADU. Complete with a cozy campfire pit and sprawling outdoor space for hosting, 920 Shady Ln gives you the ultimate combination of prime East Austin location, rich character, and multi-stream income security.
Details
| MLS # | 1765850 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 15 |
| Listing Provided By | Allure Real Estate | Monica Poss |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,774 |
| Story(s) | 1 |
| Acreage | 0.72 |
| Water Front | Yes |
| Property View | Neighborhood, Trees, Woods |
Interior
| Interior Features | Two Primary Baths, Two Primary Suties, Bookcases, Built-in Features, Ceiling Fan(s), Tile Counters, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main |
|---|---|
| Cooling | Central Air, Wall/Window Unit(s) |
| Heating | Central |
| Appliances | Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater |
| Fireplace Features | None |
| Fireplaces Total | 0 |
| Window Features | Blinds |
| Flooring | Tile, Wood |
Exterior
| Exterior Features | See Remarks |
|---|---|
| Roof | Metal, Shingle |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Level, Trees-Large (Over 40 Ft), Many Trees |
| Patio And Porch Features | Front Porch, Porch, Rear Porch |
| Fencing | Partial, Wood |
| Construction Materials | Frame, Wood Siding |
Parking
| Parking Features | Driveway, Outside |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 14574 |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78702 |
| Area | 5 |
| Community Name | Shady Lane Add |
| School District | Austin ISD |
| Elementary School | Govalle |
| High School | Eastside Early College |
| Listing VS Median (in Shady Lane Add) | |
Price: $975,000 low | high Med: $975,000 sqft: 2,774 low | high Med: 2,774 $ / sqft: $351 low | high Med: $351 On site: 15 low | high Med: 15 | |
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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 12:36:02 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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Contact
Learn More About This Property
| Open House |
|---|
| In-Person 08/29 2:00 PM - 4:00 PM |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78702 |
| Area | 5 |
| Community Name | Shady Lane Add |
| School District | Austin ISD |
| Elementary School | Govalle |
| High School | Eastside Early College |
| Listing VS Median (in Shady Lane Add) | |
Price: $975,000 low | high Med: $975,000 sqft: 2,774 low | high Med: 2,774 $ / sqft: $351 low | high Med: $351 On site: 15 low | high Med: 15 | |
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