920 Shady Ln, Austin, TX 78702

$975,000
6
BD
3
BA
2,774
SqFt

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List Price
$975,000
Status
ACTIVE
MLS#
1765850
Days on Market
2
Bedrooms
6
Bathrooms
3
Living Area
2,774
Lot Size
31,293
Area
Austin - Central, Austin - East

Property 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.

Additional Information

Taxes
$14,574
Tax Year
2026
Year Built
1937
Parking Spaces
10
Exterior Features
See Remarks
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
Roof
Metal, Shingle
Appliances
Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater
Construction
Frame, Wood Siding
Region
Austin - Central, Austin - East
School District
Austin ISD
Elementary School
Govalle
High School
Eastside Early College
Middle School
Kealing
Sewer
Public Sewer
Stories
1
Street Name
Shady Ln
Street Number
920
Neighborhood
Shady Lane Add
Water
Public
Guest Accommodations
Guest House
Acres
0.72
County
Travis
Floor
Tile, Wood
Heating
Central
Lot Description
Level, Trees-Large (Over 40 Ft), Many Trees

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Listing courtesy of Allure Real Estate. Contact: (512) 518-0008

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