1301 Minnie Dr

Austin, TX 78732

About this property

Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities. The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true rent and live scenariolive comfortably in the main home while generating income next door, or rent both for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system.Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.

About this property

Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities. The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true rent and live scenariolive comfortably in the main home while generating income next door, or rent both for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system.Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.

Features and Additional Information

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$1,499,999 Active
5 Bed(s)
5
Baths
3,007 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Hammer Real Estate Company
1-817-229-3405
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Area Information

RN | Travis County | Lakeland Park

$ 1,499,999
This listing is play_arrow 30.2% lower than the average in the area
$ 2,150,000 in the area
3,007 SqFt
This listing is play_arrow 30.5% larger than the average in the area
2,304 SqFt in the area
$ 499 $/SqFt
This listing is play_arrow 55.6% less than the average in the area
$ 1,124 $/SqFt in the area
34 days on site
This listing is play_arrow 85.4% below the average in the area
234 days on site in the area

Schools in the Area

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    Elementary School
    River Ridge
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    Middle School
    Canyon Ridge
  • turned_in
    High School
    Vandegrift

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Listed By Derrik Hammer
Brokerage: Hammer Real Estate Company

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