707 Highland Ave

Austin, TX 78703

About this property

Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin. The property features two separate unitseach 3 bedrooms and 2 bathroomswith private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level. The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining. A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor. *THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

About this property

Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin. The property features two separate unitseach 3 bedrooms and 2 bathroomswith private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level. The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining. A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor. *THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

Features and Additional Information

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$1,399,000 Active
3,031 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Compass RE Texas, LLC
1-512-575-3644
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Area Information

1B | Travis County | Terrace Park

$ 1,399,000
This listing is play_arrow 110.9% higher than the average in the area
$ 663,450 in the area
3,031 SqFt
This listing is play_arrow 12.4% smaller than the average in the area
3,461 SqFt in the area
$ 462 $/SqFt
This listing is play_arrow 40.9% more than the average in the area
$ 328 $/SqFt in the area
232 days on site
This listing is play_arrow 613.8% above the average in the area
33 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Mathews
  • turned_in
    Middle School
    O Henry
  • turned_in
    High School
    Austin
Listed By Dylan Haines
Brokerage: Compass RE Texas, LLC

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