707 Highland Ave, Austin, TX 78703

$1,399,000
3,031
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,399,000
Status
ACTIVE
MLS#
4200393
Days on Market
203
Living Area
3,031
Lot Size
4,791
Area
Austin - Central

Property Description

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 units—each 3 bedrooms and 2 bathrooms—with 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*

Additional Information

Tax Year
2025
HOA Name
N/A
Year Built
1930
Exterior Features
Balcony, Exterior Steps
Interior Features
Built-in Features, Ceiling Fan(s), Granite Counters, Kitchen Island
Roof
Composition
Appliances
Free-Standing Range, Refrigerator
Construction
Frame
Region
Austin - Central
View
No View
School District
Austin ISD
Elementary School
Mathews
High School
Austin
Middle School
O Henry
Sewer
Public Sewer
Stories
1
Street Name
Highland Ave
Street Number
707
Neighborhood
Terrace Park
Water
Public
Acres
0.11
County
Travis
Floor
Concrete, Tile, Wood
Heating
Space Heater
Lot Description
Corner Lot, Public Maintained Road, Sloped Down

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 633-0864

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.