1406 Summit St, Austin, TX 78741
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by:caitlin sullivan
Office:jbgoodwin realtors wl
MLS#:6246192
Source:ACTRIS
1406 Summit St,Austin, TX 78741
$950,000
- 6 Beds
- 4 Baths
- 2,292 sq. ft.
- Single family
- Active
Price summary
- Price:$950,000
- Price per sq. ft.:$414.49
About this home
Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin! Main house leased through 8/31/26.
This unique property combines a spacious main house with two income-generating accessory dwelling units (ADUs), located just minutes from downtown Austin and Lady Bird Lake. Whether you're looking to live in the main house and generate rental income or host guests, this property offers great flexibility and the opportunity to offset mortgage costs significantly.
Key Features:
-Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants.
-Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. ($2950/monthly earnings)
-ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. (~$1800/monthly earnings)
-ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. (~$1800/monthly earnings)
-High Income Potential: All three units are currently rentals, providing a steady stream of income.
-Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential.
Set on an 11,325 sq ft lot, this property offers the perfect balance of immediate comfort and future possibilities. Live in the main house while enjoying reliable rental income from the ADUs, or explore the potential for expansion in Austin's rapidly growing market.
Whether you're an owner-occupant or looking to maximize rental income, this property provides the best of both worlds. Don’t miss out—schedule a tour today and discover all the potential this property has to offer!
Contact an agent
Home facts
- Year built:1938
- Listing ID #:6246192
- Updated:October 03, 2025 at 03:40 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,292 sq. ft.
Heating and cooling
- Cooling:Central, Varies by Unit
- Heating:Central, Varies by Unit
Structure and exterior
- Roof:Shingle
- Year built:1938
- Building area:2,292 sq. ft.
Schools
- High school:Travis
- Elementary school:Travis Hts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$414.49
- Tax amount:$9,561 (2021)
New listings near 1406 Summit St
- New
$295,000Active2 beds 3 baths1,473 sq. ft.3101 Davis Ln #5303, Austin, TX 78748
MLS# 2478708Listed by: LUCKY RABBIT REALTY - New
$450,000Active3 beds 2 baths1,430 sq. ft.3406 Goodwin Ave, Austin, TX 78702
MLS# 3471401Listed by: EXP REALTY, LLC - Open Sat, 3 to 5pmNew
$639,000Active3 beds 3 baths2,240 sq. ft.8015 Doe Meadow Dr, Austin, TX 78749
MLS# 6143014Listed by: CENTRAL AUSTIN REAL ESTATE - Open Sun, 1 to 4pmNew
$270,000Active3 beds 3 baths1,493 sq. ft.9015 Cattle Baron Path #404, Austin, TX 78747
MLS# 6592637Listed by: KELLER WILLIAMS REALTY - New
$4,680,000Active5 beds 4 baths3,866 sq. ft.4424 Eck Ln, Austin, TX 78734
MLS# 5420807Listed by: KUPER SOTHEBY'S INT'L REALTY - New
$4,007,323Active5 beds 6 baths5,002 sq. ft.1229 Eternity Ter, Austin, TX 78746
MLS# 2915778Listed by: OUTLAW REALTY - New
$4,537,323Active6 beds 6 baths5,025 sq. ft.1117 Eternity Ter, Austin, TX 78746
MLS# 6435393Listed by: OUTLAW REALTY - New
$2,995,000Active5 beds 5 baths4,892 sq. ft.4908 Beverly Skyline, Austin, TX 78731
MLS# 4059622Listed by: GOTTESMAN RESIDENTIAL R.E. - New
$550,000Active5 beds 4 baths2,546 sq. ft.905 Falkland Trce, Pflugerville, TX 78660
MLS# 3742620Listed by: TRUSTED REALTY - New
$1,450,000Active3 beds 3 baths1,981 sq. ft.2107 Brackenridge St #1, Austin, TX 78704
MLS# 1515498Listed by: DOUGLAS ELLIMAN REAL ESTATE
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.